SHARQ awards EPC contract to Foster Wheeler

07-Oct-05
Foster Wheeler Ltd's subsidiaries have received a contract from Eastern Petrochemical Company (SHARQ), for the engineering, procurement and construction management contracts for the complete utilities and offsite facilities to support the SHARQ 3rd Expansion Project at Al-Jubail, Saudi Arabia. SHARQ is a 50:50 joint venture between SABIC and SPDC, a Japanese consortium headed by Mitsubishi. This expansion of SHARQ's existing complex will add 2.8 million tpa including: 1.3 million tpa of ethylene 700,000 tpa of ethylene glycol 400,000 tpa of linear low density polyethylene 400,000 tpa of high density polyethylene. Foster Wheeler's scope of work as PMC included the FEED preparation, and preparation and issue of invitations to bid for engineering, procurement and construction (EPC) contracts. Foster Wheeler is also managing all EPC contractors and providing the overall management, coordination and control of all phases of the expansion program. The project is scheduled for completion in early 2008.
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