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| Foster Wheeler awarded work by Chevron Nigeria  Foster Wheeler Ltd. announced that two subsidiaries in its Global Engineering and Construction Group, Foster Wheeler Energy Limited and Foster Wheeler (Nigeria) Limited, in a joint venture with National Engineering & Technical Company Limited (NETCO), have been authorized by Chevron Nigeria Limited (CNL), operator of the joint venture partnership with the Nigerian National Petroleum Corporation (NNPC), to undertake further design engineering for the Tubu and Madu offshore oilfield developments in Nigeria's Oil Mining Leases, OML 52 and OML 85, respectively.Foster Wheeler and NETCO will evaluate the economics of the planned development and will also investigate possible configurations for the surface facilities. NETCO is a wholly owned subsidiary of NNPC. These two separate scopes of work will be executed under the existing Foster Wheeler/NETCO three-year term services contract with CNL, which was announced at the end of 2005. The values of these two awards, which were included in the company's third-quarter 2006 bookings, were not disclosed. write your comments about the article :: © 2006 Construction News :: home page |