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Product category: Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial Team on 12 December 2005

Three-year services contract in Nigeria

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Foster Wheeler Energy and Foster Wheeler (Nigeria), in a joint venture with Netco, have been awarded a three-year services contract by Chevron Nigeria.

Foster Wheeler Energy and Foster Wheeler (Nigeria), in a joint venture with Netco, have been awarded a three-year services contract by Chevron Nigeria, a joint venture in which Nigerian National Petroleum (NNP) has a 60% equity shareholding and Chevron 40% Netco is a wholly owned subsidiary of NNP

The contract sets the terms for any engineering and project management services Chevron Nigeria may ask Foster Wheeler and Netco to perform for its future onshore and offshore projects.

The booking values will be recorded as individual work orders are received.

"We are delighted to have this opportunity to build on our good working relationship with Chevron Nigeria," said Steve Davies, Chairman and CEO of Foster Wheeler Energy.

"We have been working closely with Chevron Nigeria on the Escravos gas-to-liquids project in Nigeria, for which we prepared the feasibility studies, the front-end design and the invitation to tender for the engineering, procurement and construction contract".

Foster Wheeler's Houston operation carried out design verification for the Escravos Gas Project Phase 3A Onshore project.

"NNP supports Foster Wheeler and Netco's relationship, which is focused on providing high quality services and meeting local content objectives," said Philip Chukwu, Managing Director of Netco.

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