Foster Wheeler was awarded an engineering, procurement and construction (EPC) contract by Enterprise Products for a propane dehydrogenation unit (PDH) and associated power, utilities and infrastructure at Mont Belvieu, Texas.
The contract value was not disclosed. An initial release of engineering and procurement services, made under Foster Wheelers master services agreement with Enterprise, will be included in the companys second-quarter 2013 bookings.
The balance of the EPC work will be booked with the execution of this EPC contract and will be included in the companys third-quarter 2013 bookings, according to Foster Wheeler officials.
The construction phase of the project will be executed through Foster Wheelers combined use of direct-hire labor and subcontractors.
The award for this world-scale project is clear evidence of our ability to be a major player in the US chemicals market, reflecting our extensive chemicals expertise and confirming our EPC project execution capability, said Umberto della Sala, chief operating officer of Foster Wheeler.
It is a significant step forward in the expansion of our relationship with Enterprise, and we are focused on delivering world-class performance to meet our clients business objectives," he added.