McDermott wins multiple storage tank contracts in Saudi Arabia

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McDermott International announced CB&I Storage Solutions has been awarded three contracts to build storage tanks across Saudi Arabia.

The first contract is described as large (between US$50 million and $250 million and two sizeable (between $1 million and $50 million) contracts for the engineering, procurement, fabrication and construction (EPFC) of 38 tanks and 13 spheres in multiple locations across the Kingdom.

"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."

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