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Foster Wheeler Awarded FEED Contracts by S-OIL Corporation for Residue Upgrading Project in South Korea

ZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) for a residue upgrading project at S-OIL’s Onsan refinery in Ulsan, South Korea.