Foster Wheeler Ltd. (Nasdaq: FWLT) announced that its Spanish subsidiary, Foster Wheeler Iberia, S.A.U., part of its Global Engineering and Construction Group, has been awarded a contract by Compañía Española de Petróleos, S.A. (CEPSA), one of the main Spanish refining companies, for the design, material supply, construction, and erection of a new crude heater, a new vacuum heater and a combustion air preheater system for La Rábida Refinery in Huelva, Spain. The new heaters form part of a project CEPSA is undertaking to increase the refinery's production of middle distillates.

The Foster Wheeler contract value was not disclosed. The project was included in the company's second-quarter 2007 bookings.

This latest award follows the award to Foster Wheeler Iberia in the first quarter of 2007 of a contract for the detailed engineering of new crude, vacuum, and gas recovery units at the same refinery, which in turn had followed the company's successful completion of the front-end engineering design for these units. Mechanical completion of the two vertical cylindrical-type heaters and preheater system is scheduled for June 2009.