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Comment Business & Economics

Foster Wheeler awarded FEED contract from Khurais in Saudi Arabia  

By Gerald Ondrey |

Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that subsidiaries of its Global Engineering and Construction Group have been awarded contracts for the front-end engineering design (FEED) for Saudi Aramco’s Khurais Arabian Light Crude Increment Program in Saudi Arabia. The Foster Wheeler contract value was not disclosed and was included in the company’s second-quarter 2013 bookings. The objective of the Khurais Increment Program is to increase production capacity at the Khurais Central Processing Facilities (CPF) by 300,000 barrels of oil per calendar day (bbl/d) from its current capacity of 1,200,000 bbl/d, as well as to enhance production from the Mazalij and Abu Jifan fields by installation of a satellite gas-oil separation plant. Foster Wheeler will be responsible for the FEED, equipment and material specifications, development of a cost estimate, and procurement assistance for long-lead items. The FEED is expected to be completed during the second quarter of 2014. Foster Wheeler executed the original Khurais CPF FEED in 2005–2006, and was subsequently awarded an engineering, procurement and construction contract, with a joint venture partner, for the gas plant, a key part of the CPF.  
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