Foster Wheeler wins FEED work for Saudi Aramco light crude expansion
Foster Wheeler has been awarded contracts for the front-end engineering design (FEED) for Saudi Aramcos Khurais Arabian light crude increment program in Saudi Arabia, officials said on Monday.
The Foster Wheeler contract value was not disclosed and was included in the companys second-quarter 2013 bookings.
The objective of the Khurais increment program is to increase production capacity at the Khurais central processing facilities by 300,000 bpd of oil from its current capacity of 1,200,000 bpd as well as to enhance production from the Mazalij and Abu Jifan fields by installation of a satellite Gas Oil Separation Plant (GOSP).
Foster Wheeler will be responsible for the FEED, equipment and material specifications, development of a cost estimate, and procurement assistance for long-lead items. The FEED is expected to be completed during the second quarter of 2014.
Foster Wheeler executed the original Khurais CPF FEED in 2005/2006, and was subsequently awarded an engineering, procurement and construction contract, with a joint venture partner, for the gas plant, a key part of the CPF.
Foster Wheeler has enjoyed a very successful long-term relationship with Saudi Aramco, and we are delighted to continue to play a role in Saudi Aramcos strategic investments, said Umberto della Sala, chief operating officer of Foster Wheeler.
This award reflects the confidence of Saudi Aramco in our FEED capability and project execution expertise, proven on previous major Saudi Aramco oil and gas developments, including Haradh, Qatif, Manifa, Karan and the original Khurais developments," he added.
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