CB&I bags oil refinery expansion contract in Russia

CB&I bags oil refinery expansion contract in Russia

5:29 AM, 21st March 2017
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THE WOODLANDS, US: Chicago Bridge & Iron Company (CB&I) has been awarded a contract by NefteGazIndustriya LLC, for the Afipsky Oil Refinery Expansion Project in Krasnodar, Russia.

This contract was given by project developer China National Chemical Engineering Co and is valued at approximately $460 million. The project was included in CB&I's backlog in the third quarter of 2016.

The scope of work includes detailed engineering, procurement services, construction management services and commissioning services of multiple process units, including a 2.5 million tonne per annum hydrocracker unit licensed by Chevron Lummus Global, a joint venture between CB&I and Chevron.

CB&I previously announced awards for the technology license and FEED contract for multiple process units, as well as detailed engineering, procurement, fabrication and supply of a steam methane reformer for a large-scale hydrogen plant, hydrocracking heaters and Breech-Lock exchangers.

"CB&I is pleased to extend our relationship with NefteGazIndustriya and appreciate their confidence in our integrated capabilities. The Afipsky refinery modernization is significant for NefteGazIndustriya and building this high-conversion unit will allow it to become one of the most modern and competitive refineries in Russia," said Philip Asherman, president and CEO, CB&I.

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