CB&I Awarded LNG Storage Tank Contract
CB&I, a global leader in designing and constructing storage facilities, has recently celebrated an important achievement. The company has secured a contract with We Energies to design and build a state-of-the-art liquefied natural gas (LNG) storage tank. This project is set to take place in Oak Creek, adding to the infrastructure of this growing region.
Project Overview and Significance
The LNG storage tank, with a capacity of 2.0 billion cubic feet (BCF), will play a pivotal role in enhancing energy supply reliability. CB&I's scope of work includes comprehensive engineering, procurement, fabrication, and construction services. This ambitious project is aimed at meeting the increasing demand for natural gas during peak periods, ensuring efficient energy supply for the community.
Continuing Strong Partnerships
Brian Goedken, Vice President of Operations at CB&I, expressed enthusiasm about this project. He stated, "We are pleased to continue a strong working relationship with We Energies following the success of previous LNG tank projects in Bluff Creek and Ixonia. The Oak Creek facility is vital for southeastern Wisconsin's infrastructure, especially during high-demand periods. Our team looks forward to applying our expertise to this important project."
Historical Context and Future Prospects
The new tank will be constructed at a facility that holds historical significance as it was where CB&I established North America's first LNG peak shaving facility back in 1965. This connection highlights CB&I's long-standing commitment to innovation and excellence in the energy sector.
About CB&I
As the world's preeminent designer and builder of storage solutions, CB&I boasts a remarkable history of over 135 years and more than 60,000 completed structures. Their expertise enables them to tackle complex energy infrastructure projects on a global scale. CB&I operates under the ownership of a consortium of financial investors led by Mason Capital Management LLC.
Commitment to Excellence
CB&I's dedication to delivering world-class storage solutions continues to set them apart in the industry. The company emphasizes the importance of adapting to changing market demands while maintaining a high standard of quality. As they embark on this project with We Energies, CB&I remains focused on their vision of reliability and efficiency in energy supply.
Frequently Asked Questions
What is the purpose of the LNG storage tank being built by CB&I?
The LNG storage tank aims to enhance energy supply reliability during periods of peak demand.
Where will the new LNG storage tank be located?
The storage tank will be constructed in Oak Creek, Wisconsin.
How large is the LNG tank project?
The tank has a capacity of 2.0 billion cubic feet (BCF).
What other LNG projects has CB&I completed with We Energies?
CB&I has successfully completed LNG tank projects in Bluff Creek and Ixonia for We Energies.
Who owns CB&I?
CB&I is owned by a consortium of financial investors led by Mason Capital Management LLC.
