Foster
Wheeler secures EPC contract for $18 million clean fuels project
in Saudi Arabia
Posted: 6 April 2004
Foster Wheeler Ltd subsidiary Foster Wheeler Energy Limited has
been awarded a contract to proceed with the detailed engineering,
procurement and construction planning for the low-sulfur automotive
diesel oil (LSADO) project for Saudi Aramco Mobil Refinery Co Ltd
(SAMREF) based at Yanbu, Saudi Arabia. The total investment value
of the project is $18 million. The terms of the Foster Wheeler contract
were not disclosed.
The commencement of the work follows the completion, by Foster
Wheeler, of the front- end engineering design (FEED) for the project
in October 2003. The LSADO project upgrades existing refinery facilities
to produce low-sulfur diesel products in line with increasingly
stringent environmental requirements in Saudi Arabia and internationally.
Ian Bill, chairman and chief executive of Foster Wheeler Energy
Limited, said: ''We are very pleased to undertake this contract
for SAMREF, following on from a series of successful projects at
this refinery over the last ten years.''
Foster Wheeler is executing the contract primarily from Reading,
its UK office, with significant participation from Chennai, its
India office, in line with Foster Wheeler's strategy of delivering
competitive services drawn from its worldwide resource network.
The project is scheduled for completion in the refinery turnaround
early in 2006.
Foster Wheeler Ltd. is a global company offering, through its subsidiaries,
a broad range of design, engineering, construction, manufacturing,
project development and management, research and plant operation
services. Foster Wheeler serves the refining, oil and gas, petrochemical,
chemicals, power, pharmaceuticals, biotechnology and healthcare
industries. The corporation is based in Hamilton, Bermuda, and its
operational headquarters are in Clinton, New Jersey, USA.
For more information see www.fwc.com
Posted by Richard Price,
Editor Pipeline Magazine
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