Gulf Oil and Gas accountACCOUNT

Foster Wins PMC Contract for Petrochemical Complex

Source: www.gulfoilandgas.com 10/19/2010, Location: Africa

Foster Wheeler AG announced that Foster Wheeler USA Corporation, part of its Global Engineering and Construction Group, has been awarded a project management consultancy (PMC) contract by Carbon Holdings for a petrochemical complex in Ain Sokhna, Egyptwith a nameplate capacity to produce 1.35 million tons per annum of polyethylene.

The terms of the contract were not disclosed.
Foster Wheeler will provide technical support and consulting services to Carbon Holdings through financial close, estimated to be late 2011. Following financial close, Foster Wheeler will book the full scope of the PMC award, which includes overseeing the activities of the selected engineering, procurement and construction contractor and subcontractors.

The world-scale facility is expected to come on-stream in 2015.

Basil El-Baz, chairman and chief executive officer, Carbon Holdings, said "We are very pleased having Foster Wheeler committed as our PMC, and this represents an important part of ensuring the success of the project."

"Foster Wheeler was awarded the PMC after a competitive bidding process in which the firm clearly demonstrated its capabilities as a leading supplier of project management services for major petrochemicals complexes," said Charles Garfinkel, chief investment officer, Carbon Holdings.



Project & Resource Management News in Egypt >>

Ghana >>  3/24/2020 - Maersk Drilling has received a notification from Tullow Ghana Ltd. of early termination for convenience of the drilling contract for the drillship Mae...
Algeria >>  3/16/2020 - SONATRACH and CHEVRON proceeded, to the signing of a memorandum of understanding to initiate joint discussions on the opportunities concerning the exp...

Angola >>  3/10/2020 - TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from BP Angola for t...

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 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

Oil & Gas Projects in Egypt >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.