Honeywell UOP/Foster Wheeler Technology Selected for Oman Refinery Expansion
September 13 2011 - 7:30AM
Business Wire
Foster Wheeler AG (NASDAQ: FWLT) announced today that its Global
Engineering and Construction Group, through a collaborative
agreement with Honeywell’s UOP, was recently awarded a contract by
Oman Refineries and Petrochemicals Co. (Orpic). UOP/Foster Wheeler
will provide a basic engineering design package for a solvent
deasphalting (SDA) unit at the Sohar Refinery in Oman.
The SDA unit is a major part of the Sohar Refinery Expansion
Project which will significantly increase the refinery’s production
of petroleum products such as LPG, naphtha, Jet A-1 fuel, gasoline,
diesel and propylene. The SDA unit will be designed to process 2.5
million metric tonnes per annum of vacuum residue of Oman Export
Blend crude to produce Deasphalted Oil (DAO) and asphalt for road
bitumen production.
“We are very pleased that Orpic has selected UOP/Foster Wheeler
technology for this strategically important refinery project in the
Middle East,” said Umberto della Sala, Interim Chief Executive
Officer, Foster Wheeler AG. “This latest award constitutes a strong
vote of confidence in the added value we deliver in heavy oil
processing and continues our successful record in licensing large
SDA Units.”
The SDA Unit is expected to be on stream in 2015. The terms of
the contract were not disclosed. The contract value was included in
the company’s second-quarter bookings for 2011.
Foster Wheeler AG is a global engineering and construction
contractor and power equipment supplier delivering technically
advanced, reliable facilities and equipment. The company employs
approximately 12,000 talented professionals with specialized
expertise dedicated to serving its clients through one of its two
primary business groups. The company’s Global Engineering and
Construction Group designs and constructs leading-edge processing
facilities for the upstream oil and gas, LNG and gas-to-liquids,
refining, chemicals and petrochemicals, power, mining and metals,
environmental, pharmaceuticals, biotechnology and healthcare
industries. The company’s Global Power Group is a world leader in
combustion and steam generation technology that designs,
manufactures and erects steam generating and auxiliary equipment
for power stations and industrial facilities and also provides a
wide range of aftermarket services. The company is based in Zug,
Switzerland, and its operational headquarters office is in Geneva,
Switzerland. For more information about Foster Wheeler, please
visit our Web site at www.fwc.com.
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the failure of such other assumptions to be realized, as well as
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Exchange Commission.
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