December 02, 2008

Foster Wheeler unit wins Banagas deal

Trade Arabia News Service reported that a Foster Wheeler subsidiary has won a contract to carry out the pre front end engineering design for the revamp and expansion of the Banagas liquefied petroleum gas facilities in Bahrain.

The expansion will allow the plant to increase its gas throughput, which is planned to reach 530 million standard cubic feet per day by 2020. The contract will be carried out by the UK headquartered Foster Wheeler Energy Limited. The contract value for this project was not disclosed.

Foster Wheeler will develop the configuration for the expanded plant, which will include high yield LPG recovery units. It will also produce a licensor evaluation and the basis of design for the selected technology and other areas to be revamped for inclusion in an invitation to bid for the Feed phase of the project.

Mr Michael J Beaumont chairman & CEO of Foster Wheeler Energy Limited said that "The award of this contract continues Foster Wheeler's long standing relationship with Banagas. With our knowledge of Banagas' existing facilities and our in depth technical expertise, we will work with our client to develop an optimized development scheme of this expansion."

Foster Wheeler is a global company offering a broad range of engineering, procurement, construction, manufacturing, project development and management, research and plant operation services.