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Foster Wheeler Awarded Front-End Design for LNG Liquefaction
Facilities in Nigeria
HAMILTON, Bermuda--(BUSINESS WIRE)--Foster Wheeler Ltd. (Nasdaq:
FWLT) announced that its UK and Nigerian subsidiaries, Foster
Wheeler Energy Limited and Foster Wheeler (Nigeria) Limited,
which are both part of its Global Engineering and Construction
Group, in a joint venture with Chiyoda Corporation have been
awarded a contract by Nigeria LNG Limited (NLNG) for the Project
Specification, or front-end engineering design, for the
SevenPlus project.
The SevenPlus project involves the construction of two new
natural gas liquefaction trains, each producing 8.5 million
metric tonnes of LNG per annum, at NLNG’s Bonny Island LNG
complex in Nigeria. On completion, these will be the two largest
LNG trains in the world. NLNG is a partnership of the Nigerian
National Petroleum Company (NNPC), Shell, Total and ENI.
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The terms of the contract
were not disclosed, and the
award was included in Foster
Wheeler’s fourth-quarter
2006 bookings.
Foster Wheeler and its joint
venture partner will produce
a project specification
package, which will form the
basis for an invitation to
bid for an engineering,
procurement and construction
contract.
“Foster Wheeler is proud to
be leading this joint
venture,” said Steve Davies,
chairman and chief executive
officer, Foster Wheeler
Energy Limited. “This award
demonstrates NLNG’s
confidence in the quality
and experience of our
technical experts and our
LNG track record. We are
committed to working with
NLNG to meet its objectives
including safety, quality,
cost, schedule and local
content.”
“We welcome Foster Wheeler’s
leadership in our plans to
design and build the world’s
two largest LNG trains in
Nigeria,” commented Chinasa
Ego-Osuala, expansion co-ordinator,
Nigeria LNG Limited. “Foster
Wheeler has over 30 years’
experience in Nigeria and
brings substantial LNG
liquefaction expertise from
other LNG projects in
Australia, the Middle East
and the Far East.”
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 refining,
upstream oil and gas,
LNG and gas-to-liquids,
petrochemicals, chemicals,
power, pharmaceuticals,
biotechnology and healthcare
industries. The corporation
is based in Hamilton,
Bermuda, and its operational
headquarters are in Clinton,
New Jersey, USA. For more
information about Foster
Wheeler, visit our Web site
at
http://www.fwc.com .
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