Foster Wheeler on Wednesday acquired Three Streams
Engineering, a privately-held engineering company located in
Three Streams is a multi-discipline full service
engineering, procurement, and construction management company with
upstream and downstream projects located in Western
It has approximately 450 employees.
The acquisition of Three Streams is part of our stated
strategy to grow the upstream capabilities and the geographic
footprint of our global engineering and construction group, said Kent
Masters, CEO of Foster Wheeler.
Additionally, with Three Streams, we have taken a step to
increase our presence in the Canadian SAGD market," he
continued. "We are excited about the opportunities that this
acquisition brings us in Canada.
"The combination of talents from the two companies gives us a
very strong team in that market, and we welcome the employees
of Three Streams to Foster Wheeler.