Foster Wheeler has been selected by Farabi Petrochemicals Company to undertake
a concept study and technology selection contract for
the Jazan Petrochemicals Project in Saudi Arabia, the
companies said on Thursday.
The Foster Wheeler contract value was not disclosed and will
be included in the companys fourth-quarter 2013
Farabi Petrochemicals are pleased to award
this contract to Foster Wheeler and look forward to working
with them to develop this key investment in our companys
future, said Mohammed Al-Wadaey, president of Farabi Petrochemicals Company.
Foster Wheelers scope of work will include development
of the overall concept for the project, which is planned to include
a world-scale linear alkyl benzene plant and a range of units
producing specialty chemicals derived from diesel feedstock.
Foster Wheeler will also recommend the technology for the production of low
aromatics solvent and for the treatment of heavy fuel oil, as
well as develop a capital and operating cost estimate and the
invitation to tender for the front-end engineering
The study is scheduled for completion in the first quarter of
We are delighted that Farabi Petrochemicals Company has awarded
this important strategic study to Foster Wheeler, continuing a
relationship that stretches back over a decade, said
Umberto della Sala, chief operating officer of Foster
We look forward to making a key contribution in assisting
our client to progress this significant investment, and
delivering a strong performance that will position us well for
subsequent phases of the project," he added.