Aramco, Dow award EPCm deal to Foster Wheeler for Saudi propylene oxide unit
Foster Wheeler has been awarded an engineering, procurement and construction management (EPCm) contract from Saudi Aramco and Dow Chemical for a propylene oxide (PO) unit at Jubail Industrial City in Saudi Arabia.
This unit will be part of a world-scale, fully integrated chemicals complex owned and operated by Sadara Chemical Co. (Sadara), a joint venture between Aramco and Dow.
This contract was awarded as an extension to the front-end engineering design (FEED) contract awarded to Foster Wheeler by Aramco and Dow in 2008.
The contract value for the project was not disclosed and will be included in the companys fourth-quarter 2011 bookings, Foster Wheeler said.
The world-scale unit is expected to be completed during the first quarter of 2015.
A key factor in this win was the outstanding Foster Wheeler performance delivered on previous work for Saudi Aramco and Dow, said Umberto della Sala, chief operating officer of Foster Wheeler.
First, we received an excellent performance rating from both clients for the significant FEED work that we carried out for the new Jubail complex, he continued.
Second, we recently completed a new propylene oxide facility in Thailand for the Dow-Siam Cement Group joint venture. The new facility was delivered by our Thailand operation on time, within budget, with an outstanding safety record and to very high quality standards.
:The PO unit of the Jubail project will be managed by our Thailand operation, bringing the additional benefit of rolling over the high-performing, experienced Thai PO project team onto the Jubail project.
We also continue to support Saudi Aramco and Dow by executing additional FEED work scopes and assisting in the management of various other elements of the overall Jubail project.
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