Gulf Oil and Gas accountACCOUNT

Foster Awarded Pre-FEED & FEED Contract in Kuwait

Source: www.gulfoilandgas.com 3/4/2014, Location: Middle East

Share |
A subsidiary of Foster Wheeler AG (FWLT) Global Engineering and Construction Group has been awarded the pre-front-end engineering design and the front-end engineering design contract by Kuwait National Petroleum Company (KNPC) for a new onshore LNG import and regasification terminal to be built in Kuwait.

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

Foster Wheeler has previously completed conceptual and detailed feasibility studies for the terminal, to assist in the selection of the most suitable technology and location for the new terminal. The new terminal will have a design send-out capacity of approximately 1,500 million standard cubic feet per day (MMscf/d) of gas, with four full-containment LNG storage tanks, each of 180,000 cubic meters. The design will also allow for future expansion(s) up to 3,000 MMscf/d and the installation of a further four LNG storage tanks of the same capacity as the initial four tanks. Foster Wheeler will work with a local partner in executing this work, which is scheduled to be completed in October 2014. KNPC plans to start commercial operation of the terminal in 2020.

“We are pleased to receive this award, which demonstrates KNPC’s satisfaction with the studies we have completed and their confidence in our LNG expertise,” said Roberto Penno, Chief Executive Officer, Global E&C Group, Foster Wheeler AG. “In addition to our LNG expertise, we also have a very strong track record in winning and successfully executing large, complex projects in the Middle East, a strategically important region for Foster Wheeler.”

For more information about related Opportunities and Key Players visit Kuwait Oil and Gas Projects

FEED News in Kuwait >>

United Arab Emirates >>  11/11/2018 - On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, grantin...
Saudi Arabia >>  11/7/2018 - WorleyParsons has been awarded a five-year framework agreement by Saudi Basic Industries Corporation (SABIC), for the provision of engineering, procur...

Israel >>  11/4/2018 - Israel announces the launching of its second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Easter...
United Arab Emirates >>  11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase it...

Saudi Arabia >>  10/23/2018 - At the highly impactful Future Investment Initiative (FII) forum in Riyadh, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic an...
Saudi Arabia >>  10/22/2018 - Seabed Geosolutions (Seabed) and its partner have been awarded a 3D ocean bottom node survey in the Red Sea. The S-79 project will require the acquisi...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Kuwait Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

 

Oil & Gas Companies in Kuwait >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.