CB&I - Expat Network

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McDermott and CB&I to Combine in Transaction Valued at $6 Billion

McDermott International, Inc. announced that the companies have agreed to combine in an all-stock transaction to create a premier fully vertically integrated onshore-offshore company, with a broad engineering, procurement, construction and installation (“EPCI”) service offering and market leading technology portfolio. Upon completion of the transaction, McDermott shareholders will own approximately 53 percent of the combined...

CB&I secure $95 million EPC contract for Saudi Aramco Shell Refinery

CB&I announced it has been awarded a contract for more than $95 million by Saudi Aramco Shell Refinery (SASREF). The scope of work includes the engineering, procurement and construction management for SASREF’s modernization and expansion of its existing refinery in Al-Jubail city, Saudi Arabia. “The relationship between CB&I and SASREF extends back for more than...

CB&I wins Storage Project in Saudi Arabia

CB&I announced it has been awarded a contract by Técnicas Reunidas, S.A. for new product storage tanks that will be part of a clean fuels expansion project at Saudi Aramco’s refinery in Ras Tanura, Saudi Arabia. CB&I’s scope includes the engineering, procurement, fabrication and construction of nine flat bottom tanks, as well as modifications to...

CB&I wins $2.8bn Oman chemical plant contract

Chicago Bridge & Iron Company (CB&I),the energy infrastructure group, said its joint venture with Taiwanese group CTCI Corporation has won a $2.8 billion contract from Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide engineering, procurement and construction (EPC) services for its plastics industrial complex project. With 125 years of experience and the expertise...

Zachry, CB&I & Chiyoda win LNG contract

Joint venture partners CB&I and Chiyoda together with Zachry Industrial has been awarded a contract to build the third train of the Freeport LNG (FLNG) natural gas liquefaction and export facility on Quintana Island, near Freeport, Texas, USA When completed, the three-train facility will have a total export capacity in excess of 13.9 million tpy of...

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.