Foster Wheeler wins contract for pipeline and power plant project in Peru
Foster Wheeler AG has announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Wood Mackenzie Limited to provide consultancy services for two projects in Peru: The Energy Security and South Pipeline Project and the Energy Node Project.
Foster Wheeler will develop the design and cost estimated for both of the planned investments. Foster Wheeler's scope of work is expected to be completed in the fourth quarter of 2013.
Diversification initiative
The principal stakeholders involved in the two projects are ProInversion, the Peruvian Government Agency responsible for promoting private investments and for the awarding process of these two projects, and the Ministry of Energy and Mines, as the governing body of the energy and mines sector.
Wood Mackenzie has been contracted by ProInversion to promote private investment in infrastructure to strengthen the energy security of the country, to decentralise the power generation from the central area of the country, and to promote the development of a petrochemical complex in the south of Peru as part of the Peruvian Government's diversification initiative.
Projects prospects
The Energy Security and South Pipeline Project will involve the development of pipelines to support the existing natural gas and natural gas liquids transportation system from Las Malvinas to the Chiquintirca compression station, and the development of the southern pipeline from the existing natural gas transportation system to the south coast.
The Energy Node and South Peru Project will involve the development of thermoelectric power generation plants with a capacity up to 200 MW to promote the development of an energy centre and petrochemical complex in the south of the country.
"Both projects leverage our technical expertise in geographical information systems, pipelines and power plant design," said Umberto Della Sala, President and Chief Operating Officer at Foster Wheeler AG. "We will evaluate options for the proposed gas transportation infrastrucure and routing, as well as power plant configuration and location, to accommodate the challenging Peruvian geography and to optimise the implementation schedule for the projects."
Adapted from press release by Hannah Priestley-Eaton
Read the article online at: https://www.worldpipelines.com/business-news/21112013/foster_wheeler_wins_contract_for_pipeline_and_power_plant_project_in_peru/
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