Foster Wheeler Wins Basic Design and Feed Contract in Brazil

Foster Wheeler AG FWLT announced today that its Global Engineering and Construction Group has been awarded a basic engineering design and front-end engineering design contract for two grassroots refineries in Brazil for Petróleo Brasileiro S.A.,. The Premium I Refinery will be a dual train, 600,000 barrels per stream day facility in Maranhao State, and the Premium II Refinery will be a single-train 300,000 BPSD facility in Ceara State. Foster Wheeler will be the prime subcontractor to Honeywell's UOP, the managing process technology licensor. The value of the contract was not disclosed. The award will be included in Foster Wheeler's fourth-quarter 2010 bookings.