CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable lump sum contract by the Saipem Clough joint venture for engineering, procurement and construction (EPC) of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilisers Urea Plant located on the Burrup Peninsula, Western Australia.

Under the scope of the project, CB&I will provide EPC services for a 10,000 MT full containment ammonia storage tank and associated piping to grade, as well as ten API650 storage tanks. Project delivery will be led from CB&I's Perth office, with CB&I's Plainfield, Ill. (USA) and Thailand offices providing engineering, fabrication and tank building support.

"Selection of CB&I reflects our strong position as the premier tank builder in the ammonia storage tank market," said Mark Butts, Senior Vice President of CB&I. "We will leverage decades of tank building experience in Australia and subsequently strengthen our portfolio in the region."

CB&I's construction activities are expected to commence in the first quarter of 2025 with project completion in 2028.

The Perdaman Chemicals and Fertilisers development will be the world's largest gas stream ammonia-urea plant. The Burrup Peninsula is approximately eight kilometers from Dampier and 20 kilometers northwest of Karratha on the northwest coastline of Western Australia.

*CB&I defines a sizeable contract as between USD $10 million and $50 million.