Exhibit 23

                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

As independent public accountants with respect to Chicago Bridge & Iron company
N.V. and Subsidiaries, we hereby consent to the incorporation of our reports
addressed to the Shareholders and the Supervisory Board of Chicago Bridge & Iron
Company N.V. in respect of the December 31, 2001 and 2000 consolidated balance
sheets, and the related consolidated statements of income, changes in
shareholders' equity and cash flows for each of the three years ended December
31, 2001, included and incorporated by reference in this Form 10-K, into the
Company's previously filed Registration Statements on Form S-8 (Nos. 333-24443,
333-24445, 333-33199, 333-39975 and 333-87081).



/s/ Arthur Andersen LLP
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Chicago, Illinois
May 31, 2002