Mark Butts, President and CEO, CB&I
Mark has over 30 years of experience working in various engineering, technology development, strategic planning, and senior management roles of increasing responsibility for CB&I. As President and CEO, he is responsible for overseeing the financial, commercial, and operational performance of the company. In 2024, he spearheaded the company’s transition to a standalone entity, now owned by a consortium of investors, led by Mason Capital Management, overseeing strategic initiatives, operational improvements, and financial growth, while positioning the company for continued success in the storage sector. Prior to his appointment as President and CEO, Mark served as Vice President of Engineering, leading global engineering and technical strategy for CB&I. Prior to this role, he was head of
research and development, where he led the innovation of new storage solution technologies.
01 – What innovations in LNG storage make small-scale storage projects more viable, especially in remote locations or areas with
high labour costs?
As CB&I continues to innovate LNG tank designs and project delivery models to reduce risks, improve construction schedules, and optimise overall project economics, we have developed a comprehensive midscale modular tank design and execution plan to minimise site activities, shifting most tank construction work to a high-quality, low labour cost, well-controlled environment. The modular tank construction method is effective for project sites in either remote areas or areas with high field labour cost. Transportation of the modular LNG tank often includes both ground and marine components, which expose the module to dynamic and vibration loads. Therefore, a comprehensive transportation study
is required to ensure the modules can be delivered safely and economically to their destination.
Published by: CB&I
Source: Tanks and Terminals
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