Foster Wheeler to coordinate Perla construction campaign offshore Venezuela

Offshore staff

ZUG, Switzerland – Cardon IV, an Eni/Repsol joint venture, has contracted Foster Wheeler (Nasdaq: FWLT) to provide project management for the new production facilities for the Perla field in the Gulf of Venezuela.

These will comprise offshore structures, trees, controls, offshore processing, subsea flowlines, export pipelines, the shore approach and utilities facilities from the wellheads to an onshore gas plant, and tie-in to an existing gas and condensate pipeline system. First gas is planned at the end of 2014.

Foster Wheeler will supervise the engineering, procurement and construction contractors, and the procurement of long-lead equipment, from engineering centers in Houston, Madrid, London, and Rijeka, Croatia. Contractors in more than 15 countries are involved in fabrication and construction of the equipment and materials at module and jacket fabrication yards, and for site installation.

8/20/2013

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