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Current Projects - CB&I

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The Combined Company<br />

There are several reasons why the combination of Lummus and<br />

CB&I results in a much stronger company with strong future<br />

growth potential. First, the combination of CB&I and Lummus<br />

creates a unique competitive advantage in the marketplace.<br />

Complementary platforms provide clients with integrated offerings<br />

at each stage of the project life cycle – from proprietary<br />

technology to engineering, procurement, fabrication, construction<br />

and final commissioning.<br />

In addition to the strategic advantage the acquisition provides,<br />

the limited overlap between CB&I and Lummus’ execution centers<br />

gives the combined company an expanded global footprint,<br />

which will enable the company to provide high-value<br />

execution capabilities worldwide.<br />

Finally, both companies have built up very strong reputations<br />

over the last 100 years. CB&I and Lummus both have reputations<br />

as safe, high-quality companies with expertise in EPC and<br />

technology. Joining these two companies will enable each entity<br />

to capitalize on the other’s strengths and better respond<br />

to the growing demand for energy infrastructure around the<br />

world.<br />

Moving forward, CB&I will pursue work by offering its clients<br />

services that are best suited for their specific situation. For<br />

more information on our Lummus business, or to find out how<br />

we can help you with your next project, go to www.cbi.com.<br />

EUROPE<br />

The Combined Company<br />

LNG & Refrigerated<br />

Systems<br />

Energy Processes<br />

(Oil/Gas/Power)<br />

Steel<br />

Structures<br />

Lummus<br />

Technology<br />

LNG Regasification<br />

Terminals<br />

LNG Liquefaction<br />

Plants<br />

LNG Export<br />

Terminals<br />

LNG Peak Shaving<br />

Facilities<br />

Low Temperature &<br />

Cryogenic Systems<br />

Offshore Structures<br />

Refinery Process Units<br />

Petrochemical Process<br />

Units<br />

Gas Processing Facilities<br />

Power Facilities<br />

Pipelines<br />

Hydrogen/Synthesis<br />

Gas Plants<br />

Sulfur Removal &<br />

Recovery<br />

Aboveground<br />

Storage Tanks<br />

Elevated Storage<br />

Tanks<br />

Hortonsphere®<br />

Pressure Vessels<br />

Specialty<br />

Structures<br />

Petrochemical<br />

Technology<br />

Refining<br />

Technology<br />

Gas Processing<br />

Technology<br />

Heat Transfer<br />

Equipment<br />

Performance<br />

Catalysts<br />

LNG Import Terminal in Milford Haven, Wales<br />

Work continues on the South Hook LNG Import Terminal in<br />

Wales, UK – the largest liquefied natural gas (LNG) terminal<br />

in Europe and potentially the largest LNG receiving terminal<br />

in the world. CB&I has been responsible for the engineering,<br />

procurement and construction of the facility, which is designed<br />

to process 15.6 million metric tons per annum base<br />

load LNG supply from the Qatargas II project.<br />

The balance of the plant area is nearing 75% completion, and<br />

continues to be the critical path for the overall Phase I project,<br />

particularly in the mechanical and piping work. To speed up the<br />

on-site progress, CB&I has put in place a number of initiatives,<br />

including a night shift for its piping and mechanical subcontractors.<br />

Completion of the balance of plant scope, including<br />

commissioning, is expected in summer 2008.<br />

As of December 2007, more than 90% of Phase I of the project<br />

is finished, with on-site construction of Phase I nearing 85%<br />

completion. In addition, all of the roofs have been raised on<br />

the five full containment 155,000 cubic meter LNG storage<br />

tanks included in the scope, and all associated civil works are<br />

substantially complete. Hydrostatic testing of the first tank is<br />

scheduled to be conducted in early 2008.<br />

Another milestone reached has been the completion of all<br />

preassembled units and piperacks for the jetty, which were<br />

delivered during the summer of 2007 and have now been installed.<br />

Thus far, the utility piping and LNG lines have also been<br />

installed, and the five off-loading arms have been placed on<br />

berth 1, as well as the fire monitor tower for both berths. Presently,<br />

the crew is concentrating on welding out and testing the<br />

installed pipework.<br />

The current on-site work force stands at more than 2,000<br />

people. More than 7.5 million work-hours have been recorded<br />

at the project site, with an additional 2 million work-hours expected<br />

by the end of the project. First ship/first gas is forecast<br />

for August 2008, at which time, the South Hook facility will provide<br />

a significant new source of natural gas for the UK’s national<br />

transmission network.<br />

Marc Sculthorpe<br />

6 7

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