Product category:
Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial
Team on 04 June 2004
Contract supports Chinese petrochemicals
complex
Foster Wheeler International E and C (Shanghai) Company has been awarded a professional services contract by CSPC.
Foster Wheeler International E and C (Shanghai) Company has been awarded a professional services contract by CSPC (China National Offshore Oil Corporation (CNOOC) and Shell Petrochemicals Company) CSPC is a joint venture of Shell Nanhai with 50% shareholding and CNOOC Petrochemicals Investment (CPI), also with 50%
This article was originally published on Engineeringtalk on 2 Feb 2001 at 8.00am (UK)
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CPI is owned by CNOOC (90%) and the Guangdong Investment and Development Company (10%).
CSPC is currently implementing the construction of the $4.3 billion Nanhai Petrochemicals Complex in Guangdong in the People's Republic of China.
Under this contract, Foster Wheeler will provide technical support services for at least the next two years, undertaking process, engineering and economic evaluations connected to the CSPC Nanhai Petrochemicals Project.
The company will record bookings at the time when orders are received from the client.
Jim Gibson, general manager of Foster Wheeler's E and C Group China Operations, stated: "I believe CSPC's continued confidence in Foster Wheeler demonstrates our valued input to the current CSPC Nanhai Petrochemicals Project".
"This new contract allows us to provide continued local and international support to CSPC in the realisation of its business goals at Daya Bay".
Foster Wheeler, working with its BSF consortium partners, Bechtel Petroleum and Chemical of the USA and Sinopec Engineering of China, is also the project management contractor for the implementation phase of the CSPC Nanhai Petrochemicals Project.
This includes the management of the EPC and EP contracts, performing the EPC of a significant part of the general facilities, off-sites and utilities and the management of all site integration and interfaces.
Active in China since 1972, Foster Wheeler currently has around 700 staff working in China.
It has offices in Shanghai and Beijing as well as a manufacturing facility in Xinhui, Guangdong Province.
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