Foster Wheeler secures EPC contract
Foster Wheeler Energy Limited has today been awarded a contract to proceed with the engineering, procurement and construction planning of a low-sulphur automotive diesel oil (LSADO) project for Saudi Aramco Mobil Refinery Co Ltd (SAMREF).
The total investment value of the project is said to be $18 million. The terms of the Foster Wheeler contract were not disclosed.
The award of the contract follows the completion by Foster Wheeler of the front-end engineering design (FEED) for the project in October 2003.
According to Foster Wheeler, the LSADO project will upgrade existing refinery facilities to produce low-sulphur diesel products in line with strict environmental requirements in Saudi Arabia.
Foster Wheeler will manage the contract primarily from its UK office in Reading, with significant participation from Chennai, its India office. The project is scheduled for completion in 2006.