CB&I and CTCI Corporation awarded new EPC contract by Orpic

23-Dec-15

A joint venture between CB&I and CTCI Corporation has signed a contract valued at approximately US$2.8 bln with Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide engineering, procurement and construction for the steam cracker package for the Liwa Plastics Industrial Complex Project in Sohar, Oman. The scope of work includes EPC for a grassroots 880 000 tpa ethylene plant, pygas unit and MTBE unit, as well as all the related offsites and utilities. CB&I's scope of work also includes the construction of cryogenic and atmospheric storage tanks and pipe spool fabrication. As previously announced, the cracker will employ CB&I's latest, proven ethylene technology, including highly selective SRT® cracking heaters, and its innovative recovery section design, featuring low pressure separation and mixed refrigeration. "We look forward to continuing our strong relationship with Orpic and appreciate their confidence in our proven expertise and integrated offering, which includes technology, proprietary equipment, pipe fabrication and storage, as well as engineering, procurement and construction," said Philip K. Asherman, CB&I's President and Chief Executive Officer.