CB&I's scope of work includes the engineering, procurement, fabrication and construction of two 180,000 cubic meter full containment LNG tanks, four condensate tanks and the associated piping, electrical, instrumentation and civil works. CB&I's portion of the project is scheduled to be completed in the third quarter of 2013.

"This award, our fourth major LNG project in Australia in the past few years, demonstrates our technical expertise and proven experience in the LNG industry, and capitalizes on CB&I's 75 year history in Australia," said Philip K. Asherman, President and CEO.

The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), ExxonMobil and Shell, to develop the Greater Gorgon gas fields, located between 130km and 200km off the northwest coast of Western Australia. The Greater Gorgon gas fields, Australia's largest-known gas resource, contains about 40 trillion cubic feet of gas.

About CB&I

CB&I designs, engineers and constructs some of the world's largest energy infrastructure projects, providing a full spectrum of EPC solutions and proven process technologies. Drawing upon more than a century of experience and the expertise of approximately 17,000 employees worldwide, CB&I safely and reliably executes more than 600 projects a year through its three business sectors: CB&I Lummus builds upstream and downstream oil & gas projects, LNG liquefaction and regasification terminals, and a wide range of other energy related projects; CB&I Steel Plate Structures designs, fabricates and constructs storage tanks and containment vessels and their associated systems for the oil & gas, water & wastewater, mining and nuclear industries; Lummus Technology capitalizes on more than 1,500 patents and patent applications to provide process technologies and catalysts for petrochemical facilities, oil refineries and gas processing plants. For more information, visit www.CBI.com or access technical details at Lummus Technology Fact Sheets. If you would like to be added to CB&I's news release email distribution list, visit www.cbi.com/ir/news.htm.

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