Saudi Arabia: Million Dollar Agreements Mc Dermott Wins EPFC Contracts for Storage Tanks
Mc Dermott’s CB&I Storage Solutions has been awarded with multiple engineering, procurement, fabrication and construction contracts for setting up 38 tanks and 13 spheres across several locations in Saudi Arabia.
Houston/USA – Mc Dermott International has recently announced that CB&I Storage Solutions has been awarded one large* and two sizeable* contracts for the engineering, procurement, fabrication and construction (EPFC) of 38 tanks and 13 spheres in multiple locations across Saudi Arabia.
"CB&I Storage Solutions has had a significant presence and strong track record in Saudi Arabia since the 1930s," said Cesar Canals, Senior Vice President of CB&I Storage Solutions. "This experience, and our strong partnerships with international contractors and major oil & gas operators, has established us as one of the most reliable providers of storage and EPFC solutions in the country."
The awards will be reflected in Mc Dermott's first quarter 2020 backlog.
*Mc Dermott defines a sizeable contract as between 1 million dollars and 50 million dollars and a large contract as between 50 million dollars and 250 million dollars.