Middle East Economic Survey
Foster Wheeler Signs For Sharq Expansion Utility Offsites
SABICs Eastern Petrochemical Company (Sharq) on 24 August signed a letter of intent (LOI) to award contracts to Foster Wheeler to construct utility offsite facilities for its Sharq-3 expansion project. In July, Sharq signed LOIs to award three major construction contracts as part of its 2.8mn tons/year expansion plan. Under the awards, UK-based Stone and Webster will...