CB&I acquisition

CB&I has acquired certain assets of Petrofac Inc., the US subsidiary of Petrofac Limited, an engineering, procurement and construction (EPC) company serving the hydrocarbon processing industry. Petrofac (Tyler, Texas) has more than 20 years of world-wide experience in executing turnkey projects for the oil refining, oil production, gas treating and petrochemical industries. Petrofac’s US EPC operations will be fully integrated into CB&I’s Process and Technology group (Howe-Baker) and is expected to expand the company’s capacity to engineer, fabricate and install EPC projects for customers in key growing end markets.

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