Engineering Services: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

Foster Wheeler Awarded Gasification FEED Contract in South Korea

Source: 2/19/2009, Location: Asia

Share |

Foster Wheeler AG announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded by Doosan Heavy Industries & Construction Co., Ltd. (DOOSAN) a contract for the front-end engineering design (FEED) and technical services for a new gasification island, based on Shell technology, to be built in South Korea.

The plant is to be built in one of the existing coal-fired power plants and the project is partially supported by the Korean government as a part of national Research, Development & Demonstration projects.

DOOSAN is the engineering, procurement, construction (EPC) contractor selected for the realization of the gasification island of a coal-based integrated gasification combined cycle (IGCC) plant.

Foster Wheeler’s contract value was not disclosed and will be included in the company’s first-quarter 2009 bookings.

Foster Wheeler will undertake the FEED, provide procurement assistance for long-lead items, develop a capital cost estimate, and provide technical training on gasification and technical support during the EPC phase. The IGCC plant is expected to be completed by the end of 2014.

“We have considerable expertise in gasification and IGCC using a wide range of feedstocks. We believe that coal-based IGCC is an efficient and flexible technology and is part of a portfolio of products offered by Foster Wheeler for clean coal power generation,” said Marco Moresco, chief executive officer, Foster Wheeler Italiana.

“DOOSAN has great confidence in Foster Wheeler’s unrivalled experience and know-how in IGCC plants and technologies,” said Dong Soo Suh, executive vice president, DOOSAN. “This contract further enhances our cooperation with Foster Wheeler, with whom we already have in place a clean coal technology licensing agreement for subcritical-pressure circulating fluidized bed steam generators.”

The IGCC process produces electricity from a solid or liquid fuel. First, the fuel through gasification is converted to syngas, which is a mixture mainly of hydrogen and carbon monoxide. Second, the syngas is cleaned to remove sulfur compounds and finally is converted to electricity in a combined cycle power block consisting of a gas turbine, a heat recovery steam generator and a steam turbine.

Engineering Services News in South Korea >>

Japan Stock Movements in July 2014
Japan >>  7/22/2014 - In Japan, total commercial oil stocks rose by 8.5 mb in May, following a build last month, to stand at 159.2 mb. Despite this build, Japanese oil inve...
Russia Economy in July 2014
Russia >>  7/20/2014 - The country’s GDP posted growth of -0.5% q-o-q in 1Q14, while the yearly comparison showed growth of 0.9%. Retail sales in May grew by 2.1% y-o-y, the...

India Oil Trade in July 2014
India >>  7/16/2014 - India’s May crude imports declined by 493 tb/d or 12% from the previous month to average 3.5 mb/d. Annually crude imports showed a drop of 522 tb/d or...
Teekay Awarded $2.1b Contracts for 6 LNG Carrier for Yamal
Russia >>  7/9/2014 - Teekay LNG Partners L.P, through a new 50/50 joint venture with China LNG Shipping Limited, has finalized shipbuilding contracts for six international...

Baku Higher Oil School Establishes Cooperation with Emerson
Azerbaijan >>  7/8/2014 - Joint educational program for future oil industry staff will allow meeting business demand for skilled specialists and current industrial requirements...
Caspian Oil Supply in June 2014
Kazakhstan >>  7/6/2014 - Kazakhstan’s oil supply is expected to decrease by 20 tb/d over 2013 to average 1.62 mb/d in 2014, unchanged from the previous month. Kazakhstan’s exp...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management  Training & Education 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management  Training & Education 

South Korea Oil & Gas 1 >>  2 |

More News

Oil & Gas Companies in South Korea >>

Related Links

Countries Quick Links

Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us