Foster Wheeler wins upgrade project

Foster Wheeler Ltd. announced that its subsidiary Foster Wheeler Iberia, S. A. was awarded a contract by BP Oil Refineria de Castellon, S.A. to upgrade part of its 120,000 barrels per stream day (BPSD) Castellon refinery in Spain to produce ultra-low sulfur fuels. The project is valued at approximately $100 million. Foster Wheeler will be responsible for the engineering, equipment and material procurement, and construction supervision for the project, which is scheduled for mechanical completion in mid-2004. The project, part of BP’s Ultimate Generation Fuels program, includes the installation of a new diesel hydrotreater, a hydrogen plant, and a naphtha hydrotreater. Foster Wheeler also will revamp the existing distillation, heavy/light gas oil, MEA regeneration and sour water stripper units, as well as the main utilities, including DCS and electricity. The project will be managed by Foster Wheeler with the participation of Technip for the hydrogen plant and utilities.

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