$FWLT News

Last published 2y ago

2y agoPCG UGI FWLTUGI Names Robert Flexon, President and Chief Executive OfficerBusiness WireUGI Corporation (NYSE: UGI) announced that UGI's Board of Directors appointed Robert C. Flexon as President and Chief Executive Officer, effective November 1, 2024. Mr.
11y agoFWLTAmec Foster Wheeler US Heat Recovery Steam Generator Contract WinBusiness WirePERRYVILLE, N.J.--(BUSINESS WIRE)--Amec Foster Wheeler today announces that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded a contract by a prominent US power producer to design and supply two Heat Recovery Steam Generators (HRSGs) in the United States. The HRSGs will be part of a large power plant expansion in the Northeast region of the US.
12y agoFWLTFoster Wheeler Intends to Voluntarily Delist from NASDAQBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) announced today that it intends to voluntarily delist the registered shares of the Company, par value CHF 3 per share (the "Shares"), from the NASDAQ Global Select Market (“NASDAQ”) and, provided that the requirements for deregistration are met, in due course, it intends to subsequently deregiste ...
12y agoFWLTFoster Wheeler Reports Results for Third Quarter of 2014Business WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) today reported income from continuing operations for the third quarter of 2014 of $25.4 million, or $0.25 per diluted share, compared with $48.9 million, or $0.50 per diluted share, in the third quarter of 2013.
12y agoFWLTFoster Wheeler Receives Fifth Consecutive NOSCAR Award for Occupational Risk Management System and Occupational Health and Safety Performance in South AfricaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq: FWLT) announced today that Foster Wheeler South Africa (Pty) Limited (FWSA), a subsidiary of its Global Engineering and Construction Group, has received its fifth consecutive NOSCAR award in recognition of FWSA’s occupational risk management system and occupational health and safety performance. The prestigious award was presented on 11 ...
12y agoFWLTFoster Wheeler Closes Acquisition of MDM Engineering Group LimitedBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”) on terms consistent with the merger implementation agreement entered into on March 12, 2014.
12y agoFWLTFoster Wheeler Awarded EPC Contract for ExxonMobil’s Antwerp Refinery Upgrade in BelgiumBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Petroleum & Chemical BVBA (“Esso”) for the Antwerp Northwest Europe Resid Upgrade Project – Revamp and Offsites facilities at the Esso Antwerp Refinery at Ant ...
12y agoFWLTFoster Wheeler Awarded Engineering, Procurement and Construction Contract by PEMEX for Clean Fuels Project at Salina CruzBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (NASDAQ:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by PEMEX REFINACIÓN for an ultra-low sulfur diesel (ULSD) project at the Salina Cruz refinery, Oaxaca, Mexico. Foster Wheeler’s scope of work, which also includes start-up and testing, is scheduled to be completed in 2018.
12y agoFWLTFoster Wheeler Awarded Contract for Air Quality Control System Upgrade in West VirginiaBusiness WireZUG, SWITZERLAND--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group’s Environmental and Industrial division has been awarded a contract by Longview Power, LLC to rehabilitate and optimize the wet flue gas desulfurization system at their existing 700 MWe (net megawatt electric) Longview Power facility in Maidsville, West Virginia, USA.
12y agoFWLTFoster Wheeler Awarded Coker Training, Commissioning and Start-Up Services Contract by Petron in PhilippinesBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petron Corporation to provide operator training, commissioning, and start-up assistance services for the new delayed coking unit at Petron’s Bataan Refinery in the Philippines.
12y agoFWLTFoster Wheeler Enters into Collaboration Agreement with ZeoGas LLC on US Gulf Coast Gas-to-Gasoline PlantBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (NASDAQ:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has entered into a Collaboration Agreement with ZeoGas LLC. In the first instance, Foster Wheeler will support ZeoGas’ final site selection and project planning towards the development of ZeoGas’ first fuels manufacturing plant, to be located on the ...
12y agoFWLTFoster Wheeler Selected as a Preferred Engineering Partner by PlaxicaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a UK subsidiary of its Global Engineering and Construction Group has been selected as a preferred engineering partner by Plaxica Limited. Foster Wheeler has signed a technical services agreement with Plaxica under which Foster Wheeler will provide engineering services for the global implementation of Plaxica’s ...
12y agoFWLTFoster Wheeler Awarded EPCm Contract by Sasol for Electrical Expansion and Fuel Gas Superheater Project in MozambiqueBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management (EPCm) services contract by Sasol Petroleum Temane Limitada (“Sasol”) for an Electrical Expansion and Fuel Gas Superheater Project at Sasol’s Temane gas processing facility in M ...
12y agoFWLTFoster Wheeler Awarded Contract for Heat Recovery Steam Generators in Saudi ArabiaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) 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.
12y agoFWLTFoster Wheeler Awarded Contract for Heat Recovery Steam Generator in MexicoBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Iberdrola, for the design and supply of a heat recovery steam generator (HRSG). The unit will be installed at a cogeneration plant that Iberdrola is building at the Kimberly Clark de Mexico Ramos Arizpe Facility in Coahuila, Mexico.
12y agoFWLTFoster Wheeler Licensee Receives Contracts for Heat Recovery Steam Generators in AsiaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded two contracts for Heat Recovery Steam Generators (HRSGs) in Asia. BHI offers HRSGs, pulverized coal (PC) boilers, circulating fluidized bed (CFB) boilers and oil and gas boilers all utilizing Foster Wheeler’s proven technology.
12y agoFWLTADDING and REPLACING Foster Wheeler Reports Results for Second Quarter of 2014Business WireZUG, Switzerland--(BUSINESS WIRE)--Add financial tables after last paragraph of release.
12y agoFWLTFoster Wheeler-Led JV Awarded Feed Contract for Nafusah Onshore Oilfield Development in LibyaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia), has been awarded a front-end engineering design (FEED) contract by Nafusah Oil Operations B.V. Libyan Branch for an onshore oilfield development, known as the Area 47 Development Proje ...
12y agoFWLTFoster Wheeler Achieves Two British Safety Council Five-Star RatingsBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that Foster Wheeler Energy Limited (FWEL), the UK subsidiary of its Global Engineering and Construction Group, has achieved two prestigious Five-Star ratings from the British Safety Council (BSC) in connection with its environmental and health and safety management systems.
12y agoFWLTFoster Wheeler Announces Results from Extraordinary General MeetingBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq: FWLT) (“Foster Wheeler” or the “Company”) announced the results from its Extraordinary General Meeting (the “EGM”), which was held today at the Company’s offices in Baar, Switzerland.
12y agoFWLT OCFoster Wheeler Awarded EPCM Contract for Owens Corning Manufacturing Facility in U.S.Business WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Owens Corning (NYSE:OC) for a new composite materials manufacturing facility in Gastonia, North Carolina. The Gastonia operation will support growing customer demand ...
12y agoFWLTFoster Wheeler Licensee Receives Contract for Power Equipment in Saudi ArabiaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded a contract by Samsung C&T for the design and supply of six heat recovery steam generators (HRSGs) for the 2,100 megawatt Rabigh II combined-cycle power plant in Saudi Arabia.
12y agoFWLTFoster Wheeler Awarded Contract for Terrace WallTM Steam Reformer Heater in RussiaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Glencore Oil Projects AG for the engineering and material supply of a steam reformer heater for hydrogen production for the Orsknefteorgsyntez Refinery at Orsk, Russia.
12y agoFWLTFoster Wheeler Signs EPCm Services Agreement with BOC for Replacement Heat Exchangers at Teesport, UKBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has signed an engineering, procurement and construction management (EPCm) services agreement with BOC, a member of The Linde Group, for the installation of replacement heat exchangers at BOC’s Teesport facility, Teesside, in northeast England.
12y agoFWLTFoster Wheeler Receives Contract for Retrofit-SCR System in FinlandBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Turun Seudun Energiantuotanto Oy (TSE) for the design, supply and erection of a retrofit-selective catalytic reduction (SCR) system for TSE’s Naantali unit 3 in Finland.
12y agoFWLTFoster Wheeler Files Definitive Proxy Materials for Extraordinary General MeetingBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) announced today that it has filed with the U.S. Securities and Exchange Commission (“SEC”) definitive proxy materials in connection with its Extraordinary General Meeting (the “EGM”) to be held on July 10, 2014 at the Company’s offices in Baar, Switzerland. The Company also is mailing these defin ...
12y agoFWLTFoster Wheeler Receives Seventh Successive Order of Distinction Award for Health and Safety by UK’s RoSPABusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq: FWLT) announced today that the UK subsidiary of its Global Engineering and Construction Group has been awarded, for the seventh successive year, the prestigious Order of Distinction Award for Occupational Health and Safety by the UK’s Royal Society for the Prevention of Accidents (RoSPA). The award will be presented during a ceremony in ...
12y agoFWLTFoster Wheeler Awarded Contract for Terrace Wall Steam Reformer Heater in KazakhstanBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Marubeni Corporation for the engineering and material supply of a new Terrace Wall steam reformer heater, including an air preheating system, for the KazMunayGaz oil refinery located at Atyrau, Republic of Kazakhstan.
12y agoFWLTFoster Wheeler JV Awarded FEED and Project Execution Services Contract for LNG Canada Project in Kitimat, British ColumbiaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with affiliates of Chiyoda Corporation, Saipem S.p.A. and WorleyParsons Limited (“CFSW JV”), has been awarded a contract by LNG Canada Development Inc. (“LNG Canada”) for the provision of front-end engineering design (“FEED”) and pr ...
12y agoFWLTFoster Wheeler Shareholders Approve One-Time DividendBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that its shareholders have approved the payment of a one-time cash dividend of $0.40 per registered share.
12y agoFWLTFoster Wheeler Reports Results for First Quarter of 2014Business WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) today reported income from continuing operations for the first quarter of 2014 of $17.1 million, or $0.17 per diluted share, compared with $16.9 million, or $0.16 per diluted share, in the first quarter of 2013.
12y agoFWLTFoster Wheeler Closes Acquisition of Siemens Environmental Systems and ServicesBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has finalized the acquisition of the Siemens Environmental Systems and Services business that supplies and services clean air technologies for use in power plants and industrial facilities. The transaction was closed April 30, 2014.
12y agoFWLTFoster Wheeler Awarded Contracts for Steam Condensers and Feed-Water Heaters for Yanbu Power & Desalination Plant Phase 3 in Saudi ArabiaBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded two contracts for the design and supply of five steam condensers and thirty feed-water heaters for Saline Water Conversion Corporation’s (SWCC) Yanbu Power and Desalination Plant, Phase 3, located in Saudi Arabia. The contracts were signed with a consortiu ...
12y agoFWLTFoster Wheeler Awarded EPC Contracts by Pemex for Coker Slide Valves at Cadereyta and Madero Refineries in MexicoBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group, together with a joint venture partner for the project, Altair Strickland LLC, have been awarded contracts by Pemex Refinación (“Pemex”) for the engineering, design, procurement, construction, commissioning, and start-up of slide valve systems on the ...
12y agoFWLTFoster Wheeler Awarded Basic Engineering Contract for AngloGold Ashanti’s U.S. Cripple Creek and Victor Gold MineBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for basic engineering for the Squaw Gulch ADR2 project, a new adsorption, desorption and recovery (ADR) facility at AngloGold Ashanti (Colorado) Corp.’s Cripple Creek and Victor Gold Mining Company’s site in Teller, Colora ...
12y agoFWLTFoster Wheeler Awarded Contract for Incinerator in VietnamBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for the design and supply of a carbon monoxide (CO) incinerator package for a residue fluidized catalytic cracker. The contract was awarded by JGC Corporation (UK) Ltd, which is acting on behalf of the engineering, procure ...
12y agoFWLTFoster Wheeler and ENI Renew Frame AgreementBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that ENI S.p.A. has renewed for a further two years its existing framework agreement with a subsidiary of Foster Wheeler’s Global Engineering and Construction Group.
12y agoFWLTFoster Wheeler Receives Contract for Two Pulverized Coal Steam Generators in VietnamBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Marubeni Corporation for the design and supply of two pulverized coal arch fired steam generators to be installed at the Thai Binh Thermal Power Station for Vietnam Electricity (EVN). The project is located in Thai Binh Province in Vietnam.
12y agoFWLTFoster Wheeler Signs Alliance Agreement with OMVBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has signed an alliance agreement with OMV to provide integrated project management and engineering, procurement and construction management services.
12y agoFWLTFoster Wheeler Signs Agreement with Siemens Energy to Acquire Environmental BusinessBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has signed an asset purchase agreement with Siemens Energy, Inc. to acquire the Siemens Environmental Systems and Services business that supplies and services clean air technologies for use in power plants and industrial facilities. Closing of the transaction is subject to ...
12y agoFWLTFoster Wheeler and Kentz Joint Venture Company Awarded Contracts by Shell for Majnoon Oil Field Development in IraqBusiness WireDUBAI, UAE--(BUSINESS WIRE)--Foster Wheeler Kentz Energy Services DMCC, the Dubai-based joint venture company of Foster Wheeler and Kentz, announced today that it has been awarded framework contracts by Shell Iraq Petroleum Development B.V. (“Shell”), for the provision of engineering, procurement and related services for the Majnoon Oil Field Commercial Production Project in Iraq. Shell is the ope ...
12y agoFWLTFoster Wheeler to Acquire MDM Engineering Group LimitedBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq: FWLT) (“Foster Wheeler” or the “Company”) announced today that an indirect wholly owned subsidiary of the Company has entered into a merger implementation agreement (“MIA”) with MDM Engineering Group Limited (AIM:MDM) (“MDM Engineering”) to acquire all of the ordinary shares and options in issue of MDM Engineering in a cash transaction ...
12y agoFWLTFoster Wheeler Awarded FEED Contracts by S-OIL Corporation for Residue Upgrading Project in South KoreaBusiness WireZUG, 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.
12y agoFWLTFoster Wheeler Awarded Contract for an LNG Import and Regasification Terminal in KuwaitBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded the pre-front-end engineering design and the front-end engineering design contract by Kuwait National Petroleum Company (KNPC) for a new onshore LNG import and regasification terminal to be built in Kuwait.
12y agoFWLTFoster Wheeler Awarded Contract for Two Grate Boilers in PakistanBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Shanghai Marine Diesel Engine Research Institute (SMDERI) for the design and supply of two grate boilers for Fatima Energy Limited, a subsidiary of Fatima Group. The new 120 MWe co-generation power plant will be located at the Fatima sugar mi ...
12y agoFWLTFoster Wheeler Cash DividendBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that its board of directors has recommended the payment of a cash dividend of $0.40 per registered share, subject to approval by the company’s shareholders at the company’s annual general meeting, to be held on May 7, 2014.
12y agoFWLTFoster Wheeler Reports Results for Fourth Quarter and Full Year of 2013Business WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) today reported a loss from continuing operations for the fourth quarter of 2013 of $37.2 million, or $0.38 per diluted share, compared with income from continuing operations of $18.6 million, or $0.18 per diluted share, in the fourth quarter of 2012.
12y agoFWLTFoster Wheeler Signs Collaboration Agreement with Tecnimont for North American Chemicals ProjectsBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that Foster Wheeler USA Corporation, a subsidiary of its Global Engineering and Construction Group, has signed a collaboration agreement with Tecnimont USA Inc., a subsidiary of Maire Tecnimont S.p.A., for front-end engineering (FEED) design, detailed engineering, procurement and construction (EPC) of petrochemicals ...
12y agoFWLTFoster Wheeler Awarded Study for Statoil Snøhvit Improvement Project in NorwayBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Statoil Petroleum AS to perform a study for the Snøhvit Improvement Project 2 at Melkøya, 450 kilometers north of the Arctic Circle in Norway.
12y agoFWLTFoster Wheeler Enters into Definitive Agreement with AMECBusiness WireZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) today announced that it has entered into a definitive agreement with AMEC plc (“AMEC”) pursuant to which AMEC will make an offer to acquire all the issued and to be issued share capital of the Company. Under the terms of the offer, AMEC will offer to exchange for each outstanding share of Foster ...