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Foster Wheeler JV signs Qatargas deal
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Saturday, 19 Nov 2011
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Trade Arabia reported that Global Engineering and Construction Group, a subsidiary of Foster Wheeler and its JV partner Qatar Kentz have signed an engineering, procurement and construction management framework agreement with Qatargas Operating Company.

The agreement covers projects associated with the existing Qatargas LNG facility at Ras Laffan Industrial City and will include both onshore and offshore work. The agreement will be for 3 years with an option to extend for a further 2 years. The booking values for the projects will be recorded as individual service orders are received.

Qatargas plans to issue invitations to its framework contractors to bid for specific packages of work which packages may include pre front end engineering design, Feed and EPCm services.

Mr Umberto della Sala COO of Foster Wheeler AG said that “Our JV’s combined strengths, Foster Wheeler’s upstream and LNG expertise and project execution track record and Qatar Kentz’ local presence, position us very strongly to deliver a full range of high, quality services for Qatargas at its Ras Laffan LNG facility.”

He said that “This is a further example of our focus on delivering a complete, local service to our clients which objective is a key element of our Global E&C Group’s Strategic Renewal Initiative.”

(Sourced from Trade Arabia)

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