CB&I has been awarded a storage tank project, valued in excess of $40 million, by Bahamas Oil Refining Co., Intl., Ltd. CB&Is scope of work includes the engineering, procurement, fabrication and construction of 14 oil storage tanks, with a total capacity of approximately 3.5 million bbl, in Freeport, Grand Bahamas. CB&Is contract is scheduled for completion in the second quarter of 2012. Bahamas Oil Refining Co. is owned by Buckeye Partners, L.P. HP