Foster Wheeler bags Statoil’s FEED contract in Norway

Foster Wheeler bags Statoil’s FEED contract in Norway

10:57 AM, 17th December 2012
Foster Wheeler bags Statoil’s FEED contract in Norway

ZUG, SWITZERLAND: Foster Wheeler’s subsidiary of Global Engineering and Construction Group has signed a three-year frame agreement with Statoil Petroleum AS for the provision of front-end engineering design (FEED) services for future projects at the Karsto and Kollsnes processing plants, located in Norway north of Stavanger and north-west of Bergen, respectively. The frame agreement includes an option for Statoil to extend the agreement for a further two years and for Foster Wheeler to execute concept studies as well as FEEDs.

“We have developed an excellent working relationship with Statoil and have been working with them at these facilities under an existing agreement for some time, as well as working with them on other projects, including Snohvit LNG. We will continue to focus on providing responsive and flexible service, combining our in-depth technical skills and our significant upstream experience and capability to support Statoil in successfully delivering its planned portfolio of projects at Kollsnes and Karsto,” said Umberto della Sala, Chief Operating Officer, Foster Wheeler.

© WOC News

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