Foster Wheeler awarded project management contract by Eni/Repsol JV for Venezuela’s Perla offshore field

8/1/2013

Foster Wheeler awarded project management contract by Eni/Repsol JV for Venezuela’s Perla offshore field

BY MELANIE CRUTHIRDS, News Editor

ZUG, Switzerland -- Foster Wheeler announced that a subsidiary of its Global Engineering and Construction Group has been awarded a project management contract by Cardon IV, for new production facilities for the Perla field in the Gulf of Venezuela. Cardon is a JV owned by Eni Venezuela and Repsol YPF Venezuela Gas.

The value of the contract was not disclosed. The award will be included in the company's second-quarter 2013 bookings.

The new production facilities will comprise offshore structures, trees, controls, offshore processing, subsea flowlines, export pipelines, the shore approach and utilities facilities from the wellheads to an onshore gas plant, and tie-in to an existing gas and condensate pipeline system. First gas is planned at the end of 2014.

Foster Wheeler will supervise the engineering, procurement and construction contractors, and the procurement of long-lead equipment. The company’s scope of work requires supervision activities to be carried out in engineering centers in Houston, Madrid, London and Rijeka, Croatia, and in more than 15 countries for fabrication and construction of equipment and materials at module and jacket fabrication yards and for site installation.

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