Foster Wheeler Awarded GTL Project in Qatar
Foster Wheeler is the first contractor, using the Sasol GTL technology, to be involved in a Sasol GTL plant outside South Africa. The contract places the company in a position as the world-leading contractor using this technology.
Foster Wheeler's scope of work includes preparation of the FEED, selection of long lead package vendors and a geotechnical survey, and preparation of the invitation to bid. The company is also responsible for prequalifying engineering, procurement and construction (EPC) contractors and will assist in the selection of bidders, lender evaluation and award of the EPC contract.
The project will provide 24,000 barrels per day of fuel, 9,000 barrels per day of naphtha and 1,000 barrels per day of liquefied petroleum gas from a daily supply of 330 million standard cubic feet of lean natural gas. The liquid fuels produced by the GTL facility have virtually no sulfur, a high cetane number and a very low aromatic content and enable significant reductions in noxious emissions such as particulates, nitrous and sulfur oxide, carbon monoxide and hydrocarbons.
Ian Bill, chairman and chief executive, FWEL, said: "This contract follows five years of close cooperation between Foster Wheeler and Sasol. We are delighted to have the opportunity to continue our involvement in GTL and environment-friendly fuels."
The complete project from FEED to beneficial operation is on a fast-track schedule with commercial production expected in the first quarter of 2005.
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- McDermott Settles Reficar Dispute
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea