Foster Wheeler has been selected by Rosneft and ExxonMobil
to undertake the initial phase of the front-end engineering
design (FEED) for a proposed Russian Far East liquefied natural
gas (LNG) project, the companies said on Monday.
Foster Wheeler is one of two companies to be awarded separate
contracts for the initial FEED work prior to selection of a
single contractor for the second FEED phase.
We are pleased with the technical progress of our joint
team of experts from Rosneft and ExxonMobil, said Igor
Sechin, president of Rosneft. With our initial FEED
contractors on board now, we will see the project begin to take shape in a
matter of months. We are taking a determined approach with this
project to help monetize the gas
resources of Russia.
The Foster Wheeler contract value was not disclosed and will
be included in the companys fourth-quarter 2013
Foster Wheeler will undertake preliminary engineering and
execution planning for the LNG
plant and associated gas pipelines, infrastructure and marine
facilities. The work will include
location and concept studies, design basis definition, main
technical solutions development, constructability assessment,
definition of project execution strategies and preparation of
preliminary information for submission to the Russian
We are delighted to have been selected by two of the
world's major oil and gas operators for this LNG
liquefaction project in the Russian Far
East, said Umberto della Sala, chief operating
officer of Foster Wheeler.
This award is testament to Foster Wheeler's proven
capabilities in the design and construction of large-scale LNG facilities in remote, challenging
and environmentally sensitive locations," he added. "Our proven
track record in the delivery of LNG
plants using modularization and pre-fabrication strategies will
be a key factor in the development of robust and efficient
concepts during the initial front-end design phase."