Middle East Economic Survey

VOL. XLVII

No 28

12-July-2004

SAUDI ARABIA

Foster Wheeler Wins Management Contract For SABIC Petrochemical Project

Foster Wheeler announced on 1 July that its subsidiary Foster Wheeler Energy had been awarded a program management services contract by Saudi Basic Industries Corporation (SABIC) for a new grassroots petrochemicals facility to be built at Yanbu Industrial City. The terms of the award were not disclosed. Foster Wheeler said it would perform program management...