Foster Wheeler Awarded Contract by Lukoil for Waste Heat Boiler in Russia

abarrelfullabarrelfull wrote on 01 Mar 2012 11:40
Tags: engineering foster-wheeler lukoil refinery russia


Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by a subsidiary of JSC LUKOIL for the supply of a waste heat boiler for LUKOIL Nizhegorodnefteorgsyntez Refinery, Nizhny Novgorod region, Russia.

The value of Foster Wheeler’s contract was not disclosed and was included in the company’s fourth-quarter 2011 bookings.

The waste heat boiler will be installed downstream of a fluid catalytic cracking unit, enabling the production of gasoline that is intended to meet European Union Euro-5 standards. Foster Wheeler has supplied a similar unit to the refinery, which unit has been in operation since 2010 to Lukoil’s full satisfaction.

Foster Wheeler’s scope of work is scheduled to be completed by March 2013.


Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License