Foster Wheeler JV signs EPCm framework contract with Qatargas

Foster Wheeler JV signs EPCm framework contract with Qatargas

2:53 AM, 17th November 2011
Foster Wheeler JV signs EPCm framework contract with Qatargas

 

ZUG, SWITZERLAND: Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction (E&C) Group and the subsidiary’s joint venture partner, Qatar Kentz WLL, have signed an engineering, procurement and construction management (EPCm) framework agreement with Qatargas Operating Company Limited (Qatargas).

The framework 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 three years with an option to extend for a further two 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 (pre-FEED), FEED and EPCm services.

“Our joint venture’s combined strengths, Foster Wheeler’s upstream and LNG expertise and project execution track record and Qatar Kentz’ local presence, position us strongly to deliver a full range of high, quality services for Qatargas,” said Umberto della Sala, Chief Operating Officer, Foster Wheeler AG.

(C) WOC News

 

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