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Foster Wheeler awarded contract by CEPSA in Spain

Foster Wheeler Ltd. announced that its Spanish subsidiary, Foster Wheeler Iberia, S.A., part of its Global Engineering and Construction Group, has been awarded a lump-sum contract by Compaснa Espaсola de Petrуleos, S.A. (CEPSA), one of the main Spanish refining companies, for the front-end engineering design and early procurement services for new crude, vacuum and gas concentration units at La Rábida Refinery at Huelva, in Spain.

The Foster Wheeler contract value was not disclosed. The project will be included in the company's third-quarter 2006 bookings.



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