Heat Recovery Steam Generators Contract for Foster Wheeler

Foster Wheeler AG announced today that a subsidiary of its Global Power Group has been awarded a contract by Al-Toukhi Company for the design and supply of four heat recovery steam generators (HRSGs). The units will be installed at Saudi Electricity Company’s (SEC) Hail Power Plant in the central region of the Kingdom of Saudi Arabia.

Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed and the contract value will be included in the company’s third-quarter 2014 bookings.

Foster Wheeler will design and supply the vertical design HRSGs and provide advisory services for erection and start-up of the units. The Hail 2 project includes the conversion to combined cycle of four existing Siemens (SIEMENS.NS) SGT-2000 combustion turbines, firing Arabian light oil, by adding one steam turbine and four HRSGs. With this conversion the power output of the plant will be increased by 147 MW, without increasing the fuel consumption.

“Foster Wheeler is pleased to supply these HRSGs for SEC’s Hail 2 project featuring our improved state-of-the-art design for vertical HRSGs,” said Byron Roth, Chief Executive Officer of Foster Wheeler’s Environmental and Industrial Group. “With over 80 years of HRSG experience, we are confident our HRSG solutions best meet the project goals of our customers.”