Foster Wheeler JV wins Aramco Shaybah contract

US firm link up with local outfit to conduct pre-FEED study in KSA

ADNOC, Foster Wheeler, Kuwait, Oil and gas middle east, Oil and gas projects Gulf, Oil and gas Saudi Arabia, Oil revenues Middle East, Saudi Arabia, Saudi Aramco, Shaybah, Sofcon, NEWS, Onshore, Exploration & Production

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A joint venture between US oil and gas contractor Foster Wheeler and Saudi Arabian firm Sofcon has been awarded the pre-front end engineering and design (FEED) study for the development of gas supplies from the Shaybah field by the state-owned hydrocarbons giant Saudi Aramco.

The field, located in Saudi Arabia’s Empty Quarter, has already undergone a huge US$3 billion expansion to increase its oil capacity by 250,000 barrels per day (bpd) to 750,000.

The current plan is to develop the field’s gas deposits and will involve the construction of a plant being built that will contain six trains to liquefy the natural gas over the period stretching from 2014 and 2033.

Business intelligence gathering service MEED says the contract will run for six months and that Aramco will tender the remaining FEED and EPC contracts either next year or in 2011. 

 

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