Shell signs technology enterprise framework agreement with Foster Wheeler

Shell signs technology enterprise framework agreement with Foster Wheeler

9:23 AM, 15th February 2013
Shell signs technology enterprise framework agreement with Foster Wheeler

ZUG, SWITZERLAND: Foster Wheeler’s Global Engineering and Construction Group has signed a global enterprise framework agreement with Shell Global Solutions International BV. Shell may request Foster Wheeler to provide support in the preparation of basic engineering packages for the following Shell technologies: distillation, hydrocracking, hydrotreating, thermal conversion, ethylene oxide, pyrolysis gas, fluid catalytic cracking and CANSOLV sulfur dioxide scrubbing.

The agreement is for a five-year period, with an option for Shell and Foster Wheeler to agree to extend the agreement for another five years. Foster Wheeler will record bookings as work orders are received from Shell.

“We are already working with Shell on a diverse portfolio of their planned investments under the Asian Enterprise Framework Agreement, both within Asia and elsewhere, which will provide additional global support to Shell, this time in the development of technology packages. It is a key strategic objective of Foster Wheeler to develop and extend long-term relationships with our clients to leverage our technical expertise, global reach and local project delivery to support their global investment plans,” said Umberto della Sala, President and Chief Operating Officer, Foster Wheeler AG.

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