CB&I, an unrestricted subsidiary of McDermott, has secured a noteworthy contract from Marsa Liquefied Natural Gas LLC, a collaboration between TotalEnergies and OQ, for the engineering, procurement, and construction of a full containment concrete liquefied natural gas storage tank situated in Oman’s Port of Sohar.
The project entails CB&I providing turnkey EPC services for a 165,000m3 full containment concrete LNG storage tank and associated piping to grade. Project execution will take place in Oman, where CB&I has maintained a continuous presence since 1968, with support from its Dubai office.
Cesar Canals, president & CEO of CB&I, expressed the significance of this project in contributing to the construction of one of the lowest greenhouse gas emissions intensity LNG plants ever developed, aligning with the energy transition objectives in Oman. Canals highlighted CB&I’s commitment to constructing storage facilities for projects that facilitate the provision of reliable energy to markets while minimising environmental impact. He also noted that this project sets the stage for similar storage opportunities in the future, underscoring CB&I’s track record of execution excellence in the Middle East, particularly in Oman.
Construction activities for the project are slated to commence in the fourth quarter of 2024, with a targeted completion date in 2028.
For CB&I, a significant contract is defined as falling within the range of USD $100 million to $250 million.
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