Foster Wheeler

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• 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.

• Awarded an owner's engineer contract for a new LNG liquefaction project to be located in Hackberry, Louisiana.

• The Foster Wheeler contract value for this project was not disclosed, and an initial booking was included in the company's fourth-quarter 2011 bookings, with the main releases of work expected to follow in 2012.

• The Foster Wheeler contract value for this project was not disclosed and will be included in the company's first-quarter 2012 results.

• For the full-year 2011 net income was $162.4 million.

• The Foster Wheeler contract value, which was not disclosed, will be included in the company's fourth-quarter 2011 bookings.

• Foster Wheeler AG announced that the Iraq Crude Oil Export Expansion Project (ICOEE) has achieved its 'first oil ready for start-up' milestone.

• The Foster Wheeler contract value for this project was not disclosed and will be included in the company's fourth-quarter 2011 bookings.

• Foster Wheeler has been awarded an engineering, procurement and construction management contract.
• Oil and gas liquids are transported into the system through pipelines from over 30 offshore fields and the St. Fergus gas terminal.

• Kentz Corporation signs engineering, procurement and construction management framework agreement with Qatargas Operating Company Limited, in joint venture with Foster Wheeler.
• The framework agreement covers projects associated with the existing Qatargas Liquefied Natural Gas facility at Ras Laffan Industrial City and will include both onshore and offshore work.
• The agreement will be for three years with an option to extend for a further two years.

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