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Colombia's Ecopetrol seeks $2 bln from CB&I on refinery costs

2016-03-29 14:56:49| Industrial Machines - Topix.net

Colombia's state oil company Ecopetrol will seek $2 billion in damages from contractor Chicago Bridge & Iron Company for additional costs during the renovation of Colombia's Reficar refinery, Ecopetrol said late on Monday. Ecopetrol has said bad management at CB&I increased spending on the project by $4 billion, double the original $3.99 billion price tag.

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