Strategic expansions CB&I is actively expanding capacity in the United States with five LNG storage tanks for the Commonwealth LNG project in Cameron, Louisiana, and broader facility expansions in Louisiana. This signals opportunities to offer engineering, procurement, fabrication, and construction services, as well as ongoing asset management and decommissioning support for LNG storage assets.
Key client growth Recent contract wins with EnQuest for continued asset management of the Kittiwake field through cessation of production and decommissioning indicate CB&I’s footprint in North Sea assets and growing relationships with operators. Sales opportunities exist in duty holder services, lifecycle optimization, and end-of-life decommissioning support for offshore assets.
Integrated asset services CB&I’s dual focus on Storage Solutions and Asset Solutions suggests a cross-sell path to clients needing end-to-end lifecycle support, including tank and terminal storage optimization, operations management, wells services, and decommissioning. Target customers with integrated storage and asset lifecycle needs, especially large-scale LNG and storage infrastructure projects.
Digital delivery Experience with digital project delivery and partnerships (Mods contract renewal for digital project delivery support) highlights a receptiveness to digital tools and project software. Offer advanced digital engineering, data analytics, project control, and remote asset management solutions to improve efficiency and reduce risk across projects.
Global scale With a revenue profile around ten billion and a large employee base, CB&I competes with major EPC and engineering firms. There are opportunities to differentiate through turnkey LNG storage tank fabrication, concrete tank expertise, and integrated lifecycle services in North American LNG initiatives and global decommissioning programs.