

Foster Wheeler Ltd’s UK subsidiary Foster Wheeler Energy Limited has been awarded a programme management services contract by Eastern Petrochemical Company (Sharq) for the expansion of its existing petrochemicals complex at Jubail Industrial City.
Known as the Sharq 3rd Expansion Project, the project will include a grassroots 1.3 million tonnes per year (tpy) ethylene cracker, an 800,000 tpy polyethylene plant, a 600,000 tpy ethylene glycol plant and associated offsites and utilities.
As part of the contract Foster Wheeler will be responsible for the preparation of front-end engineering design (FEED) and preparation and issue of invitations to bid for each of the process units, including bid evaluation and award recommendations for engineering, procurement and construction (EPC) contractors.
Foster Wheeler will also manage all EPC contractors and provide the overall management, coordination and control of all phases of the programme. Mechanical completion is scheduled for early 2008.
“This is yet another significant win for Foster Wheeler and continues our recent success for similar work with our clients in the Kingdom. We are already working as project management consultant with Sabic for its new grassroots petrochemicals facility to be built at Yanbu Industrial City,” said Steve Davies, chairman and chief executive officer, Foster Wheeler Energy Limited.
The project will be included in third-quarter bookings, Foster Wheeler added. Sharq is a joint venture between Sabic\) and Saudi Petrochemical Development Corp.