Refinery contract for FW

Foster Wheeler Iberia has been awarded a contract for the design and construction of a new crude heater, a new vacuum heater and a combustion air preheater system.

The equipment, ordered by Compañía Española de Petróleos (CEPSA), will be installed at the La Rábida Refinery in Huelva, Spain. The new heaters form part of a project CEPSA is undertaking to increase the refinery's production of middle distillates.

The Foster Wheeler contract value was not disclosed although the project was included in the company's second-quarter 2007 bookings.

This latest award follows the award to Foster Wheeler Iberia in the first quarter of 2007 of a contract for the detailed engineering of new crude, vacuum, and gas recovery units at the same refinery, which in turn had followed the company's successful completion of the front-end engineering design for these units. Mechanical completion of the two vertical cylindrical-type heaters and preheater system is scheduled for June 2009.

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