Foster Wheeler WorleyParsons Joint Venture Congratulates Woodside on First LNG Cargo from Pluto in Australia
May 13 2012 - 10:45PM
Business Wire
Foster Wheeler AG (Nasdaq: FWLT), under the auspices of the
Foster Wheeler WorleyParsons (FWW) joint venture, congratulates
Woodside on achieving LNG production and first cargo at its Pluto
LNG Project in Australia.
FWW was responsible for the engineering, procurement and
construction management of the onshore portion of the project which
comprises a single LNG processing train with a forecast production
capacity of 4.3 million tonnes of LNG per year.
“Foster Wheeler is proud to be associated with Pluto LNG, which
has involved application of specialist skills in modular design and
construction,” said Kent Masters, Chief Executive Officer of Foster
Wheeler AG. “The Pluto project has been a continuation of the
successful FWW joint venture, first formed in 2005 for the
North-West Shelf Project Phase V LNG Expansion, and we are looking
forward to further opportunities for this proven partnership.”
Foster Wheeler AG is a global engineering and construction
company 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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Company’s expectations about revenues (including as expressed by
its backlog), its liquidity, the outcome of litigation and legal
proceedings and recoveries from customers for claims and the costs
of current and future asbestos claims and the amount and timing of
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Company’s redomestication or the relocation of our principal
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the Securities and Exchange Commission.
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