Foster Wheeler AG announced that a subsidiary of its Global Power Group has been awarded a contract by North West Redwater (NWR) Partnership for the design and supply of three model AG-5325 package steam generating systems located at NWR’s Sturgeon Refinery, Sturgeon County, Alberta.

Foster Wheeler has received a full notice to proceed (FNTP) on this contract. The terms of the agreement were not disclosed and the contract value for the FNTP will be included in the company’s fourth-quarter 2013 bookings. Delivery of the new steam generating systems is scheduled to begin in the first-quarter of 2015.

“Our package steam generator designs employ proven techniques and components for attaining or exceeding performance standards while meeting applicable environmental regulatory requirements,” said Byron Roth, Chief Executive Officer of Foster Wheeler North America Corp. “With over 475 installations worldwide, we have earned our reputation as a supplier of high-quality, reliable and cost-effective package steam generating systems.”

The NWR Partnership is a joint venture between North West Upgrading Inc. and Canadian Natural Resources Limited, with each company owning 50% stake in the Partnership. The Partnership targets to build and operate a world-class bitumen refinery in Alberta’s Industrial Heartland, which will add significant value to the region’s bitumen resources in a responsible and sustainable manner. For more information on NWR, please visit their Web site at nwrpartnership.com.

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.

About North West Redwater Partnership

North West Redwater Partnership was formed in 2010 as a joint partnership between NWU and a wholly owned subsidiary of CNRL to build the world's first bitumen refinery which will combine the already proven processes of gasification technology with an integrated carbon capture and storage solution. The Sturgeon Refinery, which will be located 45 km north-east of Edmonton, is also the first bitumen refinery to sell its CO2 for the purposes of enhanced oil recovery. NWR could expand capacity to convert 150,000 barrels of bitumen directly to fuels and other high value, low sulphur products required in the Alberta and world markets in three equal phases of which Phase 1 has now been sanctioned. The process is also optimized to minimize the environmental footprint of the facility and make the bitumen upgrading/refining process sustainable in Alberta.

See the site of Sturgeon refinery