Foster Wheeler joint venture with Three Streams Engineering for Canadian Oil sands project

11/16/2012

Foster Wheeler joint venture with Three Streams Engineering for Canadian Oil sands project

Foster Wheeler announced today that a joint venture of a subsidiary of its Global Engineering and Construction and Three Streams Engineering has been awarded the front end engineering design for the proposed Cenovus Energy. Telephone Lake SAGD central processing facility phases a development.

“Our emphasis on efficient project implementation through modularization is expected to be an important component in the design. This joint venture expands upon our current and growing market focus in Canada.”

The project, located in northern Alberta, is expected to have an initial production capacity of 90,000 boepd over two phases and an estimated.

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