Foster Wheeler Wins EPCm Contract for London Gateway Import Facilities in the UK
Foster Wheeler announced today that its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management (EPCm) contract by a subsidiary of DP World for the London Gateway Import Facilities project at the former Shell Haven refinery in the Thames estuary, some 40 kilometers from Central London.
The project involves the replacement of Shell's existing jetties and oil import facilities with new facilities, as part of the London Gateway container port and logistics park development. The new deepwater port and logistics park will be the first deepwater container port to be built in the UK for more than two decades.
Foster Wheeler did not disclose the project's contract value, which was booked over multiple quarters beginning in the fourth quarter of 2008 and ending in the first quarter of 2010.
Foster Wheeler's EPCm scope of work comprises new jetty topsides, a control room, a substation, import and export piping and associated modifications.
"We are proud to be a part of such a strategically important project for the UK," said Umberto della Sala, interim chief executive officer, Foster Wheeler AG. "The award of this contract to Foster Wheeler is a demonstration of our long and successful EPC track record and our ability to build on established long-term partnerships to extend our business into related sectors and with new clients."
Foster Wheeler AG (Nasdaq: FWLT) is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialised expertise dedicated to serving its clients through one of its two primary business groups. 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. The company's Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland.
Published 01/11/2010
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