Foster Wheeler Energy Ltd. (FWEL), a Foster Wheeler Ltd. subsidiary, has a program management services contract with Saudi Basic Industries Corp. (SABIC). The agreement is for a new grassroots petroch..
Foster Wheeler Energy Ltd. (FWEL), a Foster Wheeler Ltd. subsidiary, has a program management services contract with Saudi Basic Industries Corp. (SABIC). The agreement is for a new grassroots petrochemicals facility to be built at Yanbu Industrial City, Kingdom of Saudi Arabia. Terms were not disclosed.
FWEL will perform program management contractor services and prepare front-end engineering design (FEED). It will also prepare and issue invitations to bid for each process unit, including analysis and award recommendations for engineering, procurement and construction (EPC) contractors. FWEL will also manage all EPC contractors and provide overall management, coordination and control
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