CB&I: CB&I Awarded Crude Oil Exportation Storage Contract for Vaca Muerta Oil Sur Project in Argentina

THE WOODLANDS, Texas, Jan. 16, 2025 /PRNewswire/ -- CB&I today announced that it has been awarded a significant* contract by VMOS, S.A., for the engineering, procurement, fabrication, and construction (EPC) of 630,000 cubic meters (4 million barrels) of total storage for the Vaca Muerta crude oil exportation facility, located in Punta Colorada, Rio Negro Province, Argentina. Vaca Muerta is one of the largest non-conventional oil and gas reserves in the world and a strategic initiative for Argentina, intended to boost the country's crude oil exports to regional and international markets.The Vaca Muerta Sur pipeline is expected to span 437 km, transporting oil from the Vaca Muerta formation to a coastal export terminal. The ...Full story available on Benzinga.com