Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced yesterday that subsidiaries of its Global Engineering and Construction Group have been awarded an engineering, procurement and construction management (EPCm) contract by Aramco Overseas Company B.V. (AOC), a subsidiary of Saudi Aramco, and by Dow Europe Holding B.V. (Dow) for a propylene oxide (PO) unit at Jubail Industrial City in the Eastern Province of the Kingdom of Saudi Arabia.
This unit will be part of a world-scale, fully integrated chemicals complex, one of the largest of its kind in the world, which will be constructed, owned and operated by Sadara Chemical Company, a joint venture between Saudi Aramco and Dow. This contract has been awarded as an extension to the front-end engineering design (FEED) contract awarded to Foster Wheeler by AOC and Dow in 2008.
The Foster Wheeler contract value for the project was not disclosed and will be included in the company’s fourth-quarter 2011 bookings.
The world-scale unit is expected to be completed during the first quarter of 2015.
Foster Wheeler AG is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, mining and metals, environmental, pharmaceuticals, biotechnology and healthcare industries.