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Foster Wheeler Awarded Project Management Consultancy Contract by Abu Dhabi Gas Industries Ltd. -GASCO-.

Publication: Business Wire
Publication Date: 09-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HAMILTON, Bermuda -- Foster Wheeler Ltd. (OTCBB: FWHLF) announced today that its subsidiary Foster Wheeler International Corporation has been awarded a project management consultancy (PMC) contract by Abu Dhabi Gas Industries Ltd. (GASCO) for the engineering, procurement and construction (EPC) phase of the third Natural Gas Liquids (NGL) train project at Ruwais, Abu Dhabi, United Arab Emirates. The terms of the award were not disclosed. The project will be included in the company's first-quarter 2005 bookings.

The project, which will be carried out by Foster Wheeler's UK office, is one of three GASCO projects (the other two being the AGD-II and OGD-III facilities) in a suite of five integrated projects being undertaken in conjunction with GASCO's sister companies, ADCO (for gas gathering and reinjection), and TAKREER (for condensate storage and shipping). The whole suite of...

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