Foster Wheeler has been awarded a front-end engineering design contract (FEED) by the Abu Dhabi Company for Onshore Oil Operations (ADCO) for the Sahil, Asab and Shah oilfield development project.
ADCO plans to undertake the development of the maturing fields to increase production and enhance the environmental aspects of the sites and to provide adequate facilities for their operations.
Foster Wheeler�s UK branch will execute the FEED and will update the basis of design, develop the technical data, specifications and requisitions and provide a detailed cost estimate in order to define the engineering, procurement and construction scope of work.
The company will also prepare material requisitions for long lead items and obtain estimated prices from vendors.
The FEED is scheduled for completion in mid-2007, after which an EPC contractor will be appointed by ADCO.
Commissioning of the project is expected in 2010.
“We understand the strategic importance of this project and we will leverage our in-depth oil and gas expertise, and our extensive FEED experience, to deliver a high quality FEED to ADCO,� said Steve Davies, chairman and chief executive officer, Foster Wheeler UK.
“As we are also a highly experienced EPC contractor, we also understand how to achieve ADCO�s ultimate project goals: to minimise disruptions to ongoing operations and to enable the work to be completed in an environmentally sound manner.�
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