Foster Wheeler unit wins Banagas deal
Hamilton, Bermuda, April 17, 2008
A Foster Wheeler subsidiary has won a contract to carry out the pre-front-end engineering design for the revamp and expansion of the Banagas liquefied petroleum gas (LPG) facilities in Bahrain.
The expansion will allow the plant to increase its gas throughput, which is planned to reach 530 million standard cubic feet per day by 2020.
The contract will be carried out by the UK-headquartered Foster Wheeler Energy Limited. The contract value for this project was not disclosed.
Foster Wheeler will develop the configuration for the expanded plant, which will include high-yield LPG recovery unit(s). The company will also produce a licensor evaluation and the basis of design for the selected technology and other areas to be revamped for inclusion in an invitation to bid for the Feed phase of the project, said a Foster Wheeler statement.
“The award of this contract continues Foster Wheeler's long-standing relationship with Banagas,” said Michael J Beaumont, chairman and chief executive officer, Foster Wheeler Energy Limited.
“With our knowledge of Banagas' existing facilities and our in-depth technical expertise, we will work with our client to develop an optimised development scheme of this expansion.”
Foster Wheeler 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. -TradeArabia News Service