Foster Wheeler AG,under the auspices of the Foster Wheeler WorleyParsons (FWW) joint venture, congratulates Woodside on achieving LNG production and first cargo at its Pluto LNG Project in Australia.FWW was responsible for the engineering, procurement and construction management of the onshore portion of the project which comprises a single LNG processing train with a forecast production capacity of 4.3 million tonnes of LNG per year.
“Foster Wheeler is proud to be associated with Pluto LNG, which has involved application of specialist skills in modular design and construction,” said Kent Masters, Chief Executive Officer of Foster Wheeler AG. “The Pluto project has been a continuation of the successful FWW joint venture, first formed in 2005 for the North-West Shelf Project Phase V LNG Expansion, and we are looking forward to further opportunities for this proven partnership.”
Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 12,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. VAALCO Energy Announces First Quarter 2012 Results.The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, mining and metals, 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 Zug, Switzerland, and its operational headquarters office is in Geneva, Switzerland.
Foster Wheeler AG news releases may contain forward-looking statements that are based on management’s assumptions, expectations and projections about the Company and the various industries within which the Company operates. These include statements regarding the Company’s expectations about revenues (including as expressed by its backlog), its liquidity, the outcome of litigation and legal proceedings and recoveries from customers for claims and the costs of current and future asbestos claims and the amount and timing of related insurance recoveries. Such forward-looking statements by their nature involve a degree of risk and uncertainty.
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