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Foster Wheeler-led JV awarded feed contract in Libya


Published Jul 18, 2014
Foster Wheeler AG

Foster Wheeler AG says that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia), has been awarded a front-end engineering design (FEED) contract by Nafusah Oil Operations B.V. Libyan Branch for an onshore oilfield development, known as the Area 47 Development Project in Libya. Area 47 (North Hamada Field) is located in the Hamada region, approximately 200 km south of Tripoli, in the Ghadames Basin.

The Foster Wheeler contract value was not disclosed and will be included in the company's second-quarter 2014 bookings.

Tags: Foster Wheeler Ltd.




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