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Product category: Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial Team on 14 January 2005

New division focuses oil and gas
expertise

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Foster Wheeler Energy has formed a new Oil and Gas Division as part of its strategy to further expand its oil and gas business.

Foster Wheeler Energy has formed a new Oil and Gas Division The move is part of the company's strategy to further expand its oil and gas business

Malcolm Harrison has been appointed Divisional Director of the new group.

The new Oil and Gas Division, headquartered in Reading, UK, unites all of Foster Wheeler's oil and gas experts into a single group focused on meeting the needs of the onshore and offshore upstream oil and gas, gas processing, LNG and gas-to-liquids (GTL) markets.

The Oil and Gas Division will add value by providing high-level technical, commercial and management expertise to owners and developers of oil and gas reserves around the world.

"The oil and gas sector is of strategic importance to Foster Wheeler and offers significant growth potential", said Harrison.

"We believe we can add value, particularly at the strategic planning, conceptual and feasibility stages of projects".

"We aim to be as flexible, creative and responsive as the small expert consultants and, by leveraging our considerable experience in designing, project managing and constructing successful world-scale oil and gas facilities around the world, we will deliver practical and commercial solutions".

The new Oil and Gas Division will work closely with the company's oil and gas business development team, led by Ian Harrison, Global Business Line Leader, Upstream Oil and Gas, and Don Harris, Global Business Line Leader, LNG/GTL, to develop innovative and cost-effective solutions to meet the needs of its clients.

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