Foster Wheeler awarded contract for Grassroots Refinery and Petrochemicals Complex in Vietnam

30-Jul-08
Foster Wheeler Ltd. announced on July 28 that its UK-headquartered subsidiary Foster Wheeler Energy Limited, part of its Global Engineering and Construction Group, has been awarded a contract by Nghi Son Refinery & Petrochemical Limited Liability Company for the planned Nghi Son Refinery, which will be Vietnam's second refinery. NSRP LLC is a joint venture company comprising PetroVietnam and its international partners. The Foster Wheeler contract value for this project was not disclosed, and will be included in the company's third-quarter 2008 bookings. Foster Wheeler will execute the pre-front-end engineering design (pre-FEED) followed by the FEED for this new complex, which will include a 10 mln tpa refinery and a petrochemical complex. The FEED phase is expected to be completed during the fourth quarter of 2009. Foster Wheeler Ltd. is a global company offering, through its subsidiaries, a broad range of engineering, procurement, construction, manufacturing, project development and management, research and plant operation services. Foster Wheeler serves the upstream oil and gas, LNG and gas-to-liquids, refining, petrochemicals, chemicals, power, pharmaceuticals, biotechnology and healthcare industries. The company is based in Hamilton, Bermuda, and its operational headquarters are in Clinton, New Jersey, USA. Company Press Release
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