Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by LLC KINEF, a subsidiary of the oil company Surgutneftegaz, for the engineering and material supply of nine fired heaters for the new High Octane Gasoline Compounds Production Complex to be built at the KINEF - Kirishinefteorgsyntez refinery in Kirishi, Leningradsky Region, Russia. The Kirishinefteorgsyntez refinery has a crude oil processing capacity of 230,000 barrels per stream day.

The value of Foster Wheeler’s contract was not disclosed and will be included in the company’s third-quarter 2013 bookings.

“We have a long and very successful track record in designing and supplying heaters for the Russian market, and we are very pleased to have received this major award, which constitutes another vote of confidence in the quality and reliability of our heaters,” said Umberto della Sala, President and Chief Operating Officer, Foster Wheeler AG.

“The supply of all of the fired heaters required for this new complex at one of the largest refineries in Russia is one of the biggest and most critical packages we have awarded, and we are pleased to have selected Foster Wheeler,” said V.E. Somov, General Director of Kirishinefteorgsyntez. “We are confident that Foster Wheeler will bring its renowned reputation and experience to this project.”

Foster Wheeler’s scope of work is scheduled to be completed in the first quarter of 2015.

About Foster Wheeler
Foster Wheeler AG (Nasdaq:FWLT) is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, minerals and metals, environmental, pharmaceuticals, biotechnology and healthcare industries. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Reading, United Kingdom.

See the site of the Kirishi refinery