Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded a project management consultancy (PMC) services contract by South Oil Company (SOC) for the Iraq Crude Oil Export Expansion Project onshore in southern Iraq and offshore in Iraqi waters. SOC is a company under the Ministry of Oil […]
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According to a report from Reuters, international oil executives will gather in Baghdad on Saturday to discuss contracts for four new oil refineries. “There are many international companies that expressed their interest to participate and to reach an agreement with the Oil Ministry,” said Oil Ministry spokesman, Assim Jihad. Iraq’s eight oil refineries have a […]
Foster Wheeler AG announces that its Global Engineering and Construction Group has been awarded a feasibility study and FEED contract by the Iraqi Ministry of Oil – the proposed refinery will have a capacity of 300,000 barrels per day.
The establishment of the platforms export is being implemented with , Foster Wheeler, a British company for consulting and engineering, he added that the Ministry of Oil has decided “not to divide the project into two phases and agreed to create a full form of its importance.”