Foster Wheeler Wins Feed Contract for Master Gas System Expansion Project in Saudi Arabia

Foster Wheeler AG FWLT announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Aramco Overseas Company B.V. (AOC) to perform the front-end engineering design (FEED) for a gas compression project that is part of AOC's Master Gas System Expansion in Saudi Arabia. The Foster Wheeler contract value was not disclosed and was included in the second-quarter 2013 bookings. Foster Wheeler will be responsible for developing a FEED package on a fast-track basis, initially for two compressor stations. AOC plans to develop up to three additional compressor stations in a subsequent phase of this expansion.