Foster Wheeler Wins Owner's Engineer Contract for LNG Liquefaction Facility in Louisiana

abarrelfullabarrelfull wrote on 28 Apr 2012 07:24
Tags: engineering foster-wheeler lng n-america sempra usa

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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 owner's engineer contract for a new LNG liquefaction project to be located in Hackberry, Louisiana, by Cameron LNG LLC, an affiliate of Sempra Energy, planned to export up to 12 million tons per annum of LNG.

The Foster Wheeler contract value for this project was not disclosed, and an initial booking was included in the company's fourth-quarter 2011 bookings, with the main releases of work expected to follow in 2012.

Foster Wheeler's scope of work includes technical assistance for project development, the execution of front-end engineering to support permit applications to the U.S. Federal Energy Regulatory Commission, development of technical specifications and invitation to bid packages for engineering, procurement and construction activities, and technical reviews. The work will also include integration with existing Cameron LNG facilities and may include additional scopes of work as the project develops.

"We are pleased that Cameron LNG has selected Foster Wheeler to fulfill the role of owner's engineer up to the EPC phase of the project," said Umberto della Sala, Chief Operating Officer of Foster Wheeler AG. "With our proven track record of executing safe, successful LNG liquefaction projects, we are well positioned to respond to opportunities provided by the drive to monetize gas resources in the U.S. market."

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