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| Foster Wheeler wins contract by Sasol for project in Canada Foster Wheeler AG (Nasdaq: FWLT) announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Sasol to perform the technical portion of a feasibility study for a planned gas-to-liquids facility in Canada, on behalf of the Sasol/Talisman Energy partnership. The technical portion of the feasibility study is expected to be completed during the fourth quarter of 2011. As well as the technical work on the feasibility study, Foster Wheeler will also develop a cost estimate to allow the partners in the joint venture (Sasol and Talisman Energy) to assess the economic viability of the planned facility, with a decision expected in the second half of 2012. write your comments about the article :: © 2011 Construction News :: home page |