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February 21, 2013
05:50 EDTFWLTFoster Wheeler awarded study contract by ETI to assess poser systems in UK
Foster Wheeler announced that its Global Engineering and Construction Group has been awarded a study contract by the Energy Technologies Institute, or ETI. The five-month-long study will assess the economics of flexible power generation systems which involve the production of hydrogen from coal, biomass or natural gas, the intermediate storage of hydrogen and the production of power in flexible turbines. Foster Wheeler will execute the study in collaboration with the British Geological Survey. The value of Foster Wheeler's contract was not disclosed and will be included in the company's Q1 bookings.
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October 14, 2014
07:31 EDTFWLTFoster Wheeler awarded contract from PEMEX
Foster Wheeler announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by PEMEX REFINACIÓN for an ultra-low sulfur diesel project at the Salina Cruz refinery, Oaxaca, Mexico. Foster Wheeler’s scope of work, which also includes start-up and testing, is scheduled to be completed in 2018. The Foster Wheeler contract value was not disclosed. The initial release of work, relating to detailed design and the procurement of long-lead items, will be included in the company’s Q3 bookings. The balance of the agreed workscope is expected to be released in FY15. The investment in the Salina Cruz refinery, in excess of $500M, is part of a clean fuels program being implemented by PEMEX as a result of the country’s recent Energy Reform. The objective of the program is to significantly reduce the sulfur content of diesel produced from 500 to 15 parts per million.

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