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Foster Wheeler awarded contract by Preem in Sweden

Foster Wheeler AG (Nasdaq: FWLT) announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Preem AB (Publ) Preemraff Lysekil (Preem) to perform the basic engineering design (BED) and front-end engineering design (FEED) for Preem's Energy Savings Program 2013 Turnaround at the Preemraff Lysekil oil refinery, located north of Gothenburg on the west coast of Sweden.

The Foster Wheeler contract value for this project was not disclosed. The contract value for the BED was included in the company's first-quarter 2011 bookings.



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