Foster Wheeler Awarded EPCm Contract by TOTAL for Hydrodesulfurization Unit Revamp in Belgium

abarrelfullabarrelfull wrote on 04 Apr 2012 07:11
Tags: belgium engineering europe foster-wheeler refinery total

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Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management (EPCm) services contract by TOTAL Raffinage-Chimie for the revamp of a hydrodesulfurization unit at TOTAL's refinery in Antwerp, Belgium.

Foster Wheeler has received a full notice to proceed on this contract, for which the contract value was not disclosed. The value of engineering and procurement services will be included in the company's first-quarter 2012 bookings. Construction management services are expected to be included in the company's third-quarter 2012 bookings upon agreement of the full scope of the services to be provided by Foster Wheeler.

The revamp of the hydrodesulfurization unit should enable the refinery to produce jet fuel with a sulfur content below 30 parts per million (ppm), and diesel with a sulfur content below 10 ppm, in accordance with European Union requirements.

Foster Wheeler has already completed the front-end engineering design for this revamp. The revamp is expected to be mechanically complete by the end of July 2013.


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