Foster Wheeler Ltd. announced that a subsidiary of its Global Power Group has been awarded a contract for a heat recovery steam generator (HRSG) by UTE IBERESE-SOMAGUE -- a business alliance formed between Iberese and the constructor, Somague, a Portuguese subsidiary of the Spanish construction group Sacyr Vallehermoso.
The boiler will be integrated in a cogeneration plant that REPSOL is constructing at the SINES Refinery in Portugal. Foster Wheeler has received a full notice to proceed on this contract. The terms of the award were not disclosed, and the contract value will be included in the company's bookings for the fourth-quarter of 2008.
Foster Wheeler will design, supply and erect the HRSG, and will also provide start-up supervision for the HRSG, which will be coupled to a Siemens SGT-800 combustion turbine, with a total installed ISO rating of 47 MWe (gross megawatt electric). The HRSG will produce high and low-pressure steam for the refinery process. Commercial operation of the HRSG is scheduled for the second quarter of 2010.
Foster Wheeler Ltd. is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs over 14,000 talented professionals with specialized expertise dedicated to serving our clients through one of its two primary business groups. The company's Global Engineering & Construction (E&C) Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, environmental, pharmaceuticals, biotechnology and healthcare industries. The company's Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Hamilton, Bermuda, and its operational headquarters are in Clinton, N.J.