339 results found for 'CB&I'

339 results found for 'CB&I'
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  • USA: CB&I Q1 Net Income Climbs

    25 April 2012

    CB&I today reported net income of $59.5 million for the first quarter of 2012, compared with $50.5 million in the first quarter of 2011. Revenue for the quarter was $1.2 billion compared with first quarter 2011 revenue of $954.3 million. New awards totaled $1.7 billion compared with $1.0 billion in the first quarter 2011, increasing […]

  • CB&I Q1 Revenue Climbs 30 Pct

    24 April 2014

    CB&I reported adjusted net income for the first quarter of $94.4 million, excluding integration related costs of $8.1 million. First quarter GAAP net income was $89.0 million. Revenue for the first quarter was $2.9 billion, up from $2.3 billion, or 30 percent, over the comparable period. First quarter new awards totaled $5.8 billion, which resulted […]

  • CB&I bids farewell to Chief Operating Officer

    4 July 2014
    Business & Finance

    CB&I has announced Lasse Petterson, who announced his retirement in December 2013 as Executive Vice President and Chief Operating Officer, has fulfilled his remaining obligations to the Company effective June 5, 2014.   “The Company would like to thank Lasse for his contributions during his nearly five years of service, especially in the LNG and oil […]

  • CB&I post $107 mln Q1 profit

    21 April 2016

    The LNG engineer Chicago Bridge & Iron posted a US$107 million profit for the first quarter of 2016, a 19.1 percent drop compared to a $132.2 million profit during the same quarter in 2015.

  • CB&I wins Rio Grande LNG work

    13 May 2015
    Project & Tenders

    CB&I said it has been awarded a contract by NextDecade for the front-end engineering and design (FEED) and engineering, procurement and construction terms related to the Rio Grande LNG export project in Brownsville, Texas.

  • Australia: Ichthys LNG Contract Goes to CB&I

    25 March 2013
    Project & Tenders

    CB&I said it has been awarded a contract valued in excess of US$80 million by JKC Australia LNG Pty Ltd. The scope of work includes the engineering, procurement, construction and pre-commissioning for non-cryogenic storage tanks for the Ichthys Project LNG facilities in Darwin, Northern Territory, Australia. “We are pleased to continue our relationship with JKC […]

  • CB&I posts $504 million loss in 2015

    26 February 2016

    The LNG engineer Chicago Bridge & Iron posted a net loss of US$504.4 million for the year 2015 and $65.7 million for the third quarter of the same year.

  • McDermott, CB&I combination clears final antitrust hurdle

    15 March 2018

    LNG engineering companies McDermott International and CB&I have received antitrust clearance in Russia for their $6 billion all share proposed combination.

  • Hotchkis & Wiley to vote against McDermott, CB&I merger

    6 April 2018

    Hotchkis & Wiley, an asset-management firm with clients holding an interest in McDermott International, has voiced its opposition of the CB&I transaction as it is currently structured.

  • More gas for $10B Golden Pass LNG as it pools resources with Entergy Texas and Kinder Morgan

    13 February 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Transition

    Intending to fuel Southeast Texas’ natural gas growth to address the rising energy demand, Entergy Texas has joined forces with Kinder Morgan (KMI) and Golden Pass liquefied natural gas (LNG) terminal (GPX) export project in Sabine Pass, Texas.  

  • McDermott-CB&I merger clears antitrust hurdle in U.S.

    25 January 2018
    Business & Finance

    A merger transaction between McDermott and CB&I, has cleared an antitrust hurdle in the U.S. with early termination of Hart-Scott-Rodino (HSR) waiting period. 

  • CB&I Reports Third Quarter 2010 Results (USA)

    26 October 2010

    CB&I  today reported net income of $51.8 million, or $0.52 per diluted share, for the third quarter of 2010. Revenue for the quarter was $909.1 million and New Awards totaled $893.1 million. Cash and cash equivalents increased to $361 million as of September 30, up from $300 million at the beginning of the third quarter. […]

  • CB&I posts strong 2014 profit with record awards

    25 February 2015

    CB&I reported a net income for 2014 of $568.7 million, excluding integration-related costs of $25.1 million.

  • McDermott-CB&I merger clears all antitrust hurdles

    15 March 2018
    Business & Finance

    McDermott and CB&I have received antitrust clearance in Russia for their proposed combination, clearing all the required competition authority approvals for the transaction.

  • Another proxy advisor presses for McDermott-CB&I merger

    23 April 2018
    Business & Finance

    With less than ten days left until special meeting of stockholders, another proxy advisory firm has expressed its support for a proposed merger between McDermott and CB&I.

  • CB&I posts strong 2014 profit with record awards

    25 February 2015

    CB&I reported a net income for 2014 of $568.7 million, excluding integration-related costs of $25.1 million.

  • CB&I’s third quarter income rises 35 pct

    24 October 2014

    CB&I reported adjusted net income for the third quarter of $164.7 million, up 35 percent from the third quarter in 2013. In the quarter GAAP net income was $161.8 million, up 37 percent over the comparable period. Revenue for the third quarter was $3.4 billion, up from $3.0 billion, or 13 percent from the third […]

  • CB&I Shareholders Approve Shaw Group Acquisition, USA

    19 December 2012

    CB&I announced that at the Company’s special meeting of shareholders held on December 18, 2012, CB&I shareholders approved the proposal related to the acquisition of Shaw Group by CB&I. The certified results indicate that over 90% of the shares voting at the special meeting were voted in favor of the acquisition proposal. A majority of […]

  • CB&I grabs Sabine Pass LNG maintenance job

    2 December 2015
    Project & Tenders

    LNG engineer CB&I on Wednesday won a general maintenance services contract for Cheniere Energy’s Sabine Pass LNG terminal in Cameron Parish, Louisiana.

  • McDermott and CB&I Deal Secures Final Regulatory Clearance

    15 March 2018
    Business & Finance, Operations & Maintenance

    McDermott and CB&I have received antitrust clearance in Russia for their proposed combination. With this clearance, McDermott and CB&I have received all the required competition authority approvals for the transaction. As previously announced on December 18, 2017, McDermott and CB&I agreed to combine in an all-stock transaction to create a premier vertically integrated onshore-offshore company […]

  • McDermott and CB&I Strike $6 Bln Merger Deal

    19 December 2017
    Business & Finance, Equipment, Operations & Maintenance

    McDermott and CB&I have agreed to combine in an all-stock transaction to create a fully vertically integrated onshore-offshore company. Upon completion of the transaction, McDermott shareholders will own approximately 53 percent of the combined company on a fully diluted basis and CB&I shareholders will own approximately 47 percent. Under the terms of the business combination […]

  • CB&I Awarded LNG Storage Tank Contract (USA)

    27 July 2010
    Project & Tenders

    CB&I announced today that it has been awarded a contract, valued in excess of US$190 million, for two LNG storage tanks associated with a major liquefaction project in the Asia Pacific region. CB&I’s scope of work includes the engineering, procurement, fabrication and construction of two 160,000 cubic meter LNG storage tanks. This project, which was […]

  • McDermott, CB&I move forward with $6 billion merger

    25 January 2018

    McDermott International and Chicago Bridge & Iron Co. (CB&I) made a step forward in becoming one company. The two engineering specialists said on Thursday that the US Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to their proposed combination. As […]

  • McDermott, CB&I to merge in $6B all-stock deal

    19 December 2017
    Business & Finance, Equipment

    McDermott and CB&I have agreed to merge in an all-stock transaction to create an integrated onshore-offshore company, with a broad engineering, procurement, construction and installation (EPCI) service offering. Upon completion of the transaction, McDermott shareholders will own approximately 53 percent of the combined company on a fully diluted basis and CB&I shareholders will own approximately […]

  • Golden Pass awards FEED contract to Chiyoda and CB&I

    31 July 2014
    Project & Tenders

    Golden Pass Products has awarded a front-end engineering and design (FEED) services contract for its proposed natural gas liquefaction and export project in Sabine Pass, Texas to Chiyoda Corporation. Also participating in the development of the FEED services will be Chiyoda’s partner CB&I. During the FEED stage of the project, Golden Pass and its contractors […]