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Foster Wheeler’s contract with Shell extended

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Foster Wheeler Ltd. announced today that its UK-headquartered subsidiary, Foster Wheeler Energy Limited, has been awarded a two-year extension of its existing alliance contract with Shell UK Oil Products Limited.

The alliance is for the provision of basic design, engineering, procurement and construction management services at Shell’s Stanlow Manufacturing Complex, UK.

This announcement represents the second extension to the current contract and will take the Foster Wheeler Alliance relationship with Shell at Stanlow through to 2011. The company’s original Alliance contract with Shell was signed in 1997.

“This contract extension represents a demonstration of the success of our alliance relationship with Shell in the UK,” said Michael J. Beaumont, Chairman and CEO of Foster Wheeler Energy Limited.

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