One-Page Deal Sheet
Foster Wheeler, Statoil Ink Norwegian FEEDs Deal
Foster Wheeler Ag Equinor
Announced Date
December 12,2012
Transaction Type
Asset
Location
Country
Norway
Transaction Details: Subscribe to see
Foster Wheeler AG has reported that a subsidiary of its Global Engineering and Construction Group has signed a three-year frame agreement with Statoil Petroleum AS for the provision of front-end engineering design (FEED) services for future projects at the Kårstø and Kollsnes processing plants, located in Norway north of Stavanger and north-west of Bergen, respectively. The frame agreement includes an option for Statoil to extend the agreement for a further two years and for Foster Wheeler to execute concept studies as well as FEEDs.
The value of the agreement was not disclosed. Bookings will…
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