Product category:
Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial
Team on 05 October 2006
Contract covers oilfield front end
design
Foster Wheeler International has been awarded the front-end engineering design for the Sahil, Asab and Shah oilfield development project in the United Arab Emirates.
Foster Wheeler International Corp (Abu Dhabi branch) has been awarded the front-end engineering design (FEED) by the Abu Dhabi Company for Onshore Oil Operations (ADCO) for the Sahil, Asab and Shah (SAS) oilfield development project in the United Arab Emirates The Foster Wheeler contract value was not disclosed and will be included in the company's third-quarter 2006 bookings
This article was originally published on Engineeringtalk on 2 Feb 2001 at 8.00am (UK)
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ADCO plans to undertake the full field development of the SAS maturing fields not only to increase production, but also to enhance the environmental aspects of the fields and to provide adequate facilities for their operations.
Foster Wheeler's UK operations will execute the FEED and will update the basis of design, develop the technical data, specifications and requisitions and provide a detailed cost estimate in order to define the engineering, procurement and construction (EPC) scope of work to enable an invitation to bid for the EPC phase to be prepared and issued.
Foster Wheeler will also prepare material requisitions for long lead items and obtain estimated prices from vendors.
The FEED is scheduled for completion in mid-2007, after which an EPC contractor will be appointed by ADCO.
Commissioning of the project is expected in 2010.
"We are delighted to work with ADCO again", said Steve Davies, Chairman and Chief Executive Officer of Foster Wheeler's UK operations.
"We understand the strategic importance of this project and we will leverage our in-depth oil and gas expertise and our extensive FEED experience to deliver a high quality FEED to ADCO.
As we are also a highly experienced EPC contractor, we also understand how to achieve ADCO's ultimate project goals: to minimise disruptions to ongoing operations and to enable the work to be completed in an environmentally sound manner".
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