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.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in