Northern Offshore Appoints New Senior Vice President

Northern Offshore, Ltd. announced today that Mr. Gary L. Bauer has joined the company as Senior Vice President, Operations. Gary W. Casswell, Northern Offshore’s president and CEO, said “Gary is a welcome addition to Northern Offshore, and we are very pleased to have him join our team. His extensive experience with operations and international... 

Foster Wheeler to Supply Heat Recovery Steam Generator in Spain

Foster Wheeler Ltd. announced that a subsidiary of its Global Power Group has been awarded a contract for a heat recovery steam generator (HRSG) by UTE IBERESE-SOMAGUE — a business alliance formed between Iberese and the constructor, Somague, a Portuguese subsidiary of the Spanish construction group Sacyr Vallehermoso. The boiler will be integrated... 

Foster Wheeler Announces Proposed Redomestication from Bermuda to Switzerland

Foster Wheeler Ltd. announced that its board of directors has unanimously approved the redomestication of the company from Bermuda to Switzerland. Foster Wheeler’s shareholders will be asked to vote in favor of the proposal at a shareholders meeting expected to be scheduled for January 2009. If approved by shareholders, and subject to the approval... 

Foster Wheeler Awarded Contract for New Refinery in Libya

Foster Wheeler Ltd. announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded a contract by Zwara Oil Refinery Company Limited (ZORCO) for consultancy and project management services for a planned new 200,000 barrels per stream day crude oil refinery at Mellita,... 

Foster Wheeler Awarded Coal-to-Liquids Feasibility Study in China

Foster Wheeler Ltd. announced that its subsidiaries, Foster Wheeler Energy Limited and Foster Wheeler International Engineering & Consulting (Shanghai) Co. Ltd., together with its consortium partner, Wuhuan Engineering Company, have been awarded contracts by Sasol Synfuels International (Proprietary) Limited (Sasol) and Shenhua Ningxia Coal Industry... 

Foster Wheeler Enters into License Contract for Advanced Pulverized-Coal Technology in Korea

Foster Wheeler Ltd. announced today that a subsidiary of its Global Power Group has entered into a fifteen-year agreement with Bumwoo ENG Co., Ltd. to provide an advanced technology license for wall-fired subcritical and supercritical pulverized-coal (PC) steam generators to be sold in South Korea. The terms of the agreement were not disclosed. The... 

Storm Surge From Hurricane Gustav Has Potential to Overtop New Orleans’ Levees

A strengthening of Gustav to a category 4 hurricane as forecast, could produce a storm surge of between 13 and 18 foot, and may overtop some floodwalls and levees in New Orleans if it were to hit the city, according to catastrophe risk experts, Risk Management Solutions (RMS). This would set a critical test of whether they could handle such a powerful... 

Foster Wheeler Awarded Conceptual & Basic Design of New Alcon Pharmaceutical Manufacturing Plant in Singapore

Foster Wheeler Ltd. announced today that its U.S. subsidiary, Biokinetics, Inc., along with Foster Wheeler’s Singapore office, both part of its Global Engineering and Construction Group, has been awarded a contract by Alcon Laboratories Inc. to provide engineering and architectural services for the conceptual and basic design of its new 250,000 square... 

Energy XXI to Present At Oil & Gas Conference

Energy XXI (Bermuda) Limited announced Chairman and CEO John Schiller will present at The Oil & Gas Conference(r) in Denver on Aug. 11, 2008, beginning at 2:20 p.m. MDT. A slide presentation and information regarding webcasting will be available on the Energy XXI homepage (http://www.energyxxi.com) in the Investor Relations, Events & Presentations...