Foster Wheeler Wins Engineering and Procurement Contract for New Coker in Argentina

abarrelfullabarrelfull wrote on 19 Nov 2013 13:08
Tags: argentina axion engineering foster-wheeler refinery s-america

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Foster Wheeler AG (NASDAQ:FWLT) today announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Axion Energy Argentina S.A. (“Axion”), a subsidiary of Bridas Corporation, to provide engineering and procurement services for a new delayed coking unit based on Foster Wheeler’s SYDEC(SM) delayed coking technology, to be installed at the Campana Refinery in Buenos Aires Province, Argentina.

The Foster Wheeler contract value was not disclosed and was included in the company’s third-quarter 2013 bookings.

“Foster Wheeler brings to this project extensive experience in the design and delivery of delayed coker projects, a strong track record in executing projects in South America and impressive technical expertise in heavy crude processing,” said Umberto della Sala, Chief Operating Officer, Foster Wheeler AG.

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