Foster Wheeler wins BANAGAS contract
Posted: 16 April 2008
Foster Wheeler Ltd subsidiary, Foster Wheeler Energy Limited, has been awarded a contract by the Bahrain National Gas Company (BSC) (BANAGAS) to carry out the pre-FEED (pre-front-end engineering design) for the revamp and expansion of the BANAGAS liquefied petroleum gas (LPG) facilities in Bahrain.
The expansion will allow the plant to increase its gas throughput, which is planned to reach 530 million standard cubic feet per day by 2020.
"The award of this contract continues Foster Wheeler’s long-standing relationship with BANAGAS," said Michael J. Beaumont, chairman and chief executive officer, Foster Wheeler Energy Limited.
"With our knowledge of BANAGAS’ existing facilities and our in-depth technical expertise, we will work with our client to develop an optimized development scheme of this expansion."
The Foster Wheeler contract value for this project was not disclosed and will be included in the company’s first-quarter 2008 bookings.
Foster Wheeler will develop the configuration for the expanded plant, which will include high-yield LPG recovery unit(s).
The company will also produce a licensor evaluation and the basis of design for the selected technology and other areas to be revamped for inclusion in an invitation to bid for the FEED phase of the project.
Posted by Richard Price, Editor, EnergyME.com
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