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| Foster Wheeler won FEED for ADCO project in Abu Dhabi Foster Wheeler Ltd. announced that its subsidiary Foster Wheeler International Corporation (Abu Dhabi branch), part of its Global Engineering and Construction Group, has been awarded the front-end engineering design (FEED) by the Abu Dhabi Company for Onshore Oil Operations (ADCO) for the Sahil, Asab and Shah (SAS) oilfield development project in the United Arab Emirates. The Foster Wheeler contract value was not disclosed and will be included in the company's third-quarter 2006 bookings. Foster Wheeler's UK operations will execute the FEED and will update the basis of design, develop the technical data, specifications and requisitions and provide a detailed cost estimate in order to define the engineering, procurement and construction (EPC) scope of work to enable an invitation to bid for the EPC phase to be prepared and issued. Foster Wheeler will also prepare material requisitions for long lead items and obtain estimated prices from vendors. The FEED is scheduled for completion in mid-2007, after which an EPC contractor will be appointed by ADCO. Commissioning of the project is expected in 2010. ADCO is part of the ADNOC group of companies and the UAE's largest onshore oil producing company; it operates and produces oil primarily from a number of fields including SAS fields which are located in a desert area some 180 kilometers south of Abu Dhabi City. write your comments about the article :: © 2006 Construction News :: home page |