Chicago Bridge & Iron awarded $175M contract by DONG Oil Pipe CB&I announced that it has been awarded a contract in excess of $175M by DONG Oil Pipe for the engineering, procurement and construction services of the DO Hejre Crude Stabilization Project at the DONG Oil Pipe Oil Terminal in Fredericia, Denmark. This is a Q4 2012 award. The scope of CB&I's current project includes a crude oil stabilization unit, gas processing units and LPG storage and transfer facilities. The operation is scheduled to start up during 2015.
News For CBI From The Last 14 Days
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On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Chicago Bridge & Iron (CBI) initiated with a Buy at Deutsche Bank... Fluor (FLR) initiated with a Buy at Deutsche Bank... Infinity Pharmaceuticals (INFI) initiated with an Outperform at Wells Fargo... Jacobs Engineering (JEC) initiated with a Hold at Deutsche Bank... KBR (KBR) initiated with a Buy at Deutsche Bank... MasTec (MTZ) initiated with a Buy at Deutsche Bank... McDermott (MDR) initiated with a Hold at Deutsche Bank... Merit Medical (MMSI) initiated with a Hold at Benchmark Co... Ocean Power (OPTT) initiated with a Strong Buy at Ascendiant Capital... Quanta Services (PWR) initiated with a Buy at Deutsche Bank... ZELTIQ Aesthetics (ZLTQ) initiated with a Buy at Maxim... Evercore Partners (EVR) initiated with a Positive at Susquehanna... Alexander & Baldwin (ALEX) initiated with an Outperform at JMP Securities... Myriad Genetics (MYGN) coverage resumed with an Overweight at Stephens... Pinnacle Foods (PF) initiated with a Buy at Janney Capital.
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