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Foster Wheeler to begin feed for possible ExxonMobil complex

Foster Wheeler Ltd. has been authorized by ExxonMobil Asia Pacific Pte. Ltd. to proceed with the early phase of the front-end engineering design (FEED) for certain downstream units and associated plant infrastructure of the Singapore Parallel Train (SPT) project.

In January 2006, Foster Wheeler announced the award of a project coordination and services contract by ExxonMobil Asia Pacific Pte. Ltd. to a team of Foster Wheeler and WorleyParsons for the study phase of the SPT project, a potential new world-scale steam-cracking complex at ExxonMobil's Singapore refining and chemical plant site.

The Foster Wheeler team has been authorized, under its contract, to undertake the FEED of selected process units and the overall SPT project infrastructure. The Foster Wheeler contract value for this phase of the FEED was not disclosed and will be included in the company's second- and third-quarter 2006 bookings.



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