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Serbian Oil Monopoly NIS Awards $70 Mln Upgrade to Dutch-based CB&I

Oct 15, 2009, 5:53:58 PMArticle by Kristina Belkina
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BELGRADE (Serbia), October 15 (SeeNews) – Serbia’s oil monopoly NIS has awarded a $70 million (47 million euro) contract to Dutch-based CB&I to upgrade its Pancevo oil refinery, CB&I said on Thursday.

Serbian Oil Monopoly NIS Awards $70 Mln Upgrade to Dutch-based CB&I

"The scope of work awarded to CB&I includes detailed engineering, procurement services, construction management and commissioning for the hydrocracker/hydrotreater unit and the associated support units, auxiliary and offsites systems,” CB&I said in a statement.

CB&I is currently constructing a similar hydrocracker/hydrotreater unit in Croatia, it added.

The company, which has 17,000 employees worldwide, designs, engineers and constructs energy infrastructure projects. It executes more than 600 projects annually.

($=0.6706 euro)

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