The updated contract, valued at GBP170m ($293m), replaces an earlier GBP90m contract awarded at the end of 2008.
The contract includes FEED work for both onshore and offshore facilities and pipelines. It also includes options for early works, detail engineering, procurement services, technical assistance and design/system integrity. Work on the project began in November 2008 and is expected to be completed in the second quarter of 2011.
Shareholders in the Joint Venture company (K-WAC) are: CB&I (25%), WorleyParsons Europe (45%), Aker Engineering & Technology (30%).
CB&I designs, engineers and constructs energy infrastructure projects, providing a full spectrum of EPC solutions and process technologies.
