Foster Wheeler AG’s UK-headquartered subsidiary, Foster Wheeler Energy Limited, has been awarded a contract by the South Oil Company for the basic engineering of new oil export facilities, to supplement the existing Al-Basra terminal in Iraq.
The new offshore facilities will include new single point mooring tanker loading buoys, together with oil pumping, metering and pipelines, to achieve an export capacity of 4.5 million barrels per day.
Foster Wheeler will prepare a technical definition package, plans and schedules for full project implementation, and invitation to bid documents for the supply and construction of the offshore export facilities.
“We have been working with the South Oil Company and Iraq’s Ministry of Oil on the upgrading of these export facilities and we are very pleased to have been awarded this basic design contract,” said Michael J. Beaumont, Chairman and CEO of Foster Wheeler Energy Limited.
“We have a long and very successful track record in upstream oil and gas projects, based on our ability to add value and innovation during the concept and early design phases, and then reliably and safely deliver world-class projects in the engineering, procurement, construction and commissioning phase.”
The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, environmental, pharmaceuticals, biotechnology and healthcare industries.