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Home›Business Developments & Projects›US player secures Ruwais LNG storage tank job
Business Developments & Projects

January 13, 2025 · about 1 year ago

US player secures Ruwais LNG storage tank job

TJN Ruwais JV, a joint venture between Technip Energies, JGC Corporation, and NMDC Energy–formerly National Petroleum Construction Company (NPCC)–has awarded Texas-based designer and builder of storage facilities CB&I with a contract for the engineering, procurement, and construction (EPC) of tanks

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Rendering of the Ruwais LNG concept design; Source: ADNOC

TJN Ruwais JV, a joint venture between Technip Energies, JGC Corporation, and NMDC Energy–formerly National Petroleum Construction Company (NPCC)–has awarded Texas-based designer and builder of storage facilities CB&I with a contract for the engineering, procurement, and construction (EPC) of tanks and associated equipment for ADNOC’s liquefied natural gas (LNG) project under development in Ruwais, Abu Dhabi, UAE.

Under the contract, CB&I is set to design two 180,000 cubic-meter full containment, concrete, cryogenic tanks, and associated civil, structural, mechanical, and piping works for Ruwais LNG . TJN Ruwais JV won the EPC contract in June 2024 .

While the exact value has not been disclosed, the storage player has called the contract “substantial,” a term used for contracts between $250 million and $500 million. The U.S. firm hopes to start construction activities in November 2025, targeting early 2028 for project completion.

“CB&I’s commitment to the Gulf region for delivery of world-class LNG storage began in 1981 and is shown with this latest project award,” said Mark Butts , CEO of CB&I. “Our ability to offer execution certainty by utilizing the global reach uniquely available to CB&I for project delivery, coupled with a balance of cost and quality, allow CB&I to provide the best value product in the market. It also provides us with another opportunity to contribute to the energy transition market.”

The firm’s UAE office will be in charge of tank construction, and the Plainfield, Illinois, office for engineering. Saudi Arabia and Thailand offices are set to provide fabrication and modularization support, respectively.

CB&I was part of McDermott until December 2024 , when it was sold to a consortium of financial investors led by Mason Capital Management under a deal announced two months prior .

Last week, ADNOC Gas handed out three contracts with a combined value of $2.1 billion encompassing works on an LNG pre-conditioning plant (LPP), compression facilities, and transmission pipelines to supply feedstock to Ruwais LNG.

A consortium comprising Engineering for the Petroleum and Process Industries (ENPPI) and Petrojet won the contract for LPP, China Petroleum Pipeline Engineering Company was put in charge of the transmission pipelines, and Petrofac Emirates is set to develop the new compression facilities.

Related Article

CNPC unit and Petrofac among winners of $2.1B infrastructure contracts for ADNOC’s Ruwais LNG

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