VOL. XLI

No. 28

13-July-1998

EGYPT

Foster Wheeler Wins Contract For Alexandria Lube Oil Plant

Foster Wheeler of the US on 9 July announced that its French unit, Foster WheelerFrance SA, has received a lump-sum contract from the Alexandria Mineral Oils Company tobuild a $200mn lube oil plant in Alexandria. Alexandria Minerals, an Egyptian company withmixed public and private shareholding, was formed to take over ownership of the plant. Theshareholders reportedly include Petrojet and ENPPI, both...