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Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial
Team on 10 October 2005
Contract supports Saudi expansion
Foster Wheeler has received an EPIC contract to support the SHARQ 3rd expansion project at Al-Jubail, Saudi Arabia.
Foster Wheeler Energy Limited and Foster Wheeler Arabia have received a contract from SABIC affiliate, Eastern Petrochemical Company (SHARQ), for the engineering, procurement and construction management contracts for the complete utilities and offsite facilities to support the SHARQ 3rd expansion Project at Al-Jubail, Saudi Arabia SHARQ is a 50:50 joint venture between SABIC and SPDC, a Japanese consortium headed by Mitsubishi
This article was originally published on Engineeringtalk on 2 Feb 2001 at 8.00am (UK)
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This is a major expansion of SHARQ's existing complex, and will add a total of 2.8 million tonnes per year to production, including 1.3 million tonnes per year of ethylene, 700,000 tonnes per year of ethylene glycol, 400,000 tonnes per year of linear low density polyethylene, and 400,000 tonnes per year of high density polyethylene.
The Foster Wheeler contract value was not disclosed and the project will be included in the company's third-quarter 2005 bookings.
"The offsites and utilities required to support this world-scale expansion are significant and we are delighted to have secured these EPC contracts against strong international competition", said Steve Davies, Chairman and Chief Executive Officer of Foster Wheeler Energy.
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"As programme management services contractor (PMC) for the entire 3rd expansion project, we have developed a strong working relationship with SHARQ and its partners during the front-end engineering design (FEED) phase".
"I am pleased that we now have the opportunity to extend and reinforce this relationship".
"As PMC for the entire expansion and EPC contractor for the offsites and utilities, we are uniquely positioned to integrate and co-ordinate the various elements of this complex project to achieve SHARQ's beneficial operations target".
Foster Wheeler's scope of work as PMC included the FEED preparation, and preparation and issue of invitations to bid for engineering, procurement and construction (EPC) contracts.
Foster Wheeler is also managing all EPC contractors and providing the overall management, co-ordination and control of all phases of the expansion programme.
The project is scheduled for completion in early 2008.
"We are pleased to continue our relationship with Foster Wheeler for this important element of the project", commented Mohammad Al-Jabri, President, Eastern Petrochemical Company.
"After the expansion, SHARQ will be one of the world's largest petrochemical sites, and the world's largest single producer of ethylene glycol, boosting SABIC's contribution to the national economy and enhancing its competitiveness worldwide".
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