Bahamas Oil Refining Company’s $40 Million Expansion Underway

By: - June 2nd, 2011

The Bahamas Oil Refining Company has contracted with CB&I, a U.S. firm, for the construction of 14 new oil storage tanks, as part of a $40 million expansion. “CB&I’s scope of work includes the engineering, fabrication and construction of 14 oil storage tanks, with a total capacity of approximately 3.5 million barrels, in Freeport, Grand Bahama,” BORCO said in a statement yesterday. “CB&I’s contract is scheduled for completion in the second quarter of 2012.” BORCO was sold for $1.36 billion to new parent company Buckeye Partners in December. [The Nassau Guardian]

Bahamas

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Bahamas

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Bahamas

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Caribbean Joint Action Plan Commits $960 Million in First Year

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Fugro to Perform Bahamas Oil Survey

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