By Stuart Radnedge2013-04-03T14:14:00+01:00
Foster Wheeler AG announced that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by Apache Khalda Corporation LDC (Apache Khalda).
The contracts are for the provision of technical consultancy services to oversee the engineering, procurement and construction (EPC) phase of the Qasr Compression Project in Egypt. The Qasr Compression Project will provide additional compression to the existing facilities at the Qasr gas condensate field, in the Western Desert, approximately 525km west of Cairo.
The Foster Wheeler contract value was not disclosed and will be included in the first-quarter 2013 bookings.
Foster Wheeler will assist Apache Khalda in the management and administration of the EPC phase of the project as part of a joint project management team. The EPC phase is expected to be completed in the first- quarter 2015.
The company also provided project management consultancy services to Apache Khalda during the front-end engineering design phase.
Gasol plc, the West African energy development company, is pleased to announce that it has entered into an unsecured convertible loan agreement with Socar Trading S.A. (“STSA”). STSA is the international marketing and development arm of SOCAR, the State Oil Company of Azerbaijan.
Foster Wheeler announced today a subsidiary of its Global Engineering and Construction Group has signed an evergreen agreement with Valero Energy Ltd (Valero) for the provision of home office engineering and project support services to Valero’s Pembroke Refinery and other facilities in the UK.
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