CB&I Kentz Joint Venture (CKJV) Risk Report

⚖️ legal & regulatory

CB&I Kentz Joint Venture (CKJV) faces significant legal challenges, notably involving high-profile cases. The legal landscape presents uncertainty and potential financial exposure, impacting the company's operations and reputation. A notable case involves Chevron's significant legal victory, which has financial implications.

• The High Court's decision on the case between Chevron and CKJV is pending 🗓 April 16, 2024.
• Chevron secured a legal win in a $100 million dispute related to the Gorgon project 🗓 January 17, 2023.

🏗️ operational & business continuity

Operational stability is a key focus for CKJV as it navigates complex oil and gas projects. The company continues to secure major contracts despite potential operational risks. Robust project execution remains crucial to maintaining its competitive edge in the industry.

• CB&I was awarded a contract by the TJN Ruwais LNG Joint Venture for an LNG project in Abu Dhabi 🗓 January 9, 2025.