Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has signed a technical services agreement with OJSC Khabarovsk Oil Processing Refinery to provide construction management services for the hydroprocessing project at the refinery in Russia’s Far East.
The terms of the agreement were not disclosed and bookings will be recorded as work is released by OJSC.
The objective of the project is to produce more higher-value, lighter products. The complex includes a hydrocracker, hydrotreater, hydrogen unit, amine regeneration unit, sour water stripper, sulfur recovery unit, vapor recovery unit, waste water treatment unit, ground flare, tank farm and pump houses. The hydrogen plant is based on Foster Wheeler’s proprietary Terrace Wall
steam methane reforming technology.
“Foster Wheeler has been working at this refinery for ten years,” said Umberto della Sala, President and Chief Operating Officer of Foster Wheeler AG. “We executed the front-end engineering design for the entire hydroprocessing complex, basic design for the hydrogen production facility, design and supply of the steam reformers for the hydrogen plant, and have been providing on-going project management consultancy services as the project progressed into the engineering, procurement and construction phases. We are very pleased to extend our role on this project, which is now in the construction phase.”
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 13,000 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 Reading, United Kingdom. For more information about Foster Wheeler, please visit our Web site at
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