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CB&I Completes Acquisition of Petrofac Asset Solutions Business
THE WOODLANDS, TEXAS, April 9, 2026 – CB&I today announced the completion of an asset sale agreement, previously announced on December 24, 2025, to acquire Petrofac’s Asset Solutions business, a leading provider of operations, maintenance, wells and decommissioning services for onshore and offshore energy assets. “Today we embark on an exciting new era for o
CB&I Upsizes Credit Facility
THE WOODLANDS, TEXAS, March 18, 2026 – CB&I, the world’s leading designer and builder of storage facilities, tanks, and terminals, today announced the upsizing and closing of their senior secured credit facility from $295 million to $400 million. The facility, which matures on December 4, 2028, provides CB&I with financial flexibility and letter of credit ..
UK’s First Emergency Response Service Center Turns 20
ABERDEEN, UK, April 28, 2026 – CB&I’s Asset Solutions business (formerly Petrofac) has marked 20 years of its Emergency Response Service Centre (ERSC) in Aberdeen. Pioneered in 2006, the ERSC was the only one of its kind in the UK, aimed towards the oil and gas industry. It was introduced at a time of new ... Read more
CB&I: At the Forefront of Nuclear for More than 70 Years
CB&I’s vast experience and expertise in designing and building steel plate structures, particularly nuclear structures, will continue to support our integral involvement in the development and delivery of next-generation nuclear designs. CB&I has achieved many milestones over its 137 year history, including a notable first in 1953 when the company designed,
The Hidden Protection in LNG Tanks
Alex Cooperman, Plate Structure Engineer, and Yogesh Meher, Vice President, Global Engineering, CB&I, examine the different liner configurations available for the LNG market, and outline the issues and benfits for each one. There is more than one means to contain liquid and vapour in an LNG tank. In fact, the industry has standardised several configurations,
CB&I Awarded Contract for Five LNG Storage Tanks at Caturus’ Commonwealth LNG Facility
THE WOODLANDS, TEXAS, May 27, 2026 – CB&I today announced it has received a significant* lump sum contract award and full notice to proceed from Technip Energies on behalf of Caturus for the engineering, procurement, fabrication, construction, and pre-commissioning of five (5) 50,000 cubic meter full containment concrete LNG storage tanks for the Commonwealt
Scaling Up the Future of Energy Storage
Brian Wiese, CB&I, USA explores how innovations in liquid nitrogen (LIN) tank design are unlocking larger capacities and offering valuable lessons for the energy storage sector. As hydrocarbon storage infrastructure evolves, operators are increasingly seeking larger, more efficient tanks to reduce footprint, optimise costs, and improve operational reliabilit