Foster Wheeler Awarded Gasification FEED Contract in South Korea
Foster Wheeler AG announced today that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded by Doosan Heavy Industries & Construction Co., Ltd. (DOOSAN) a contract for the front-end engineering design (FEED) and technical services for a new gasification island, based on Shell technology, to be built in South Korea. The plant is to be built in one of the existing coal-fired power plants and the project is partially supported by the Korean government as a part of national Research, Development & Demonstration projects.
DOOSAN is the engineering, procurement, construction (EPC) contractor selected for the realization of the gasification island of a coal-based integrated gasification combined cycle (IGCC) plant.
Foster Wheeler's contract value was not disclosed and will be included in the company's first-quarter 2009 bookings.
Foster Wheeler will undertake the FEED, provide procurement assistance for long-lead items, develop a capital cost estimate, and provide technical training on gasification and technical support during the EPC phase. The IGCC plant is expected to be completed by the end of 2014.
The IGCC process produces electricity from a solid or liquid fuel. First, the fuel through gasification is converted to syngas, which is a mixture mainly of hydrogen and carbon monoxide. Second, the syngas is cleaned to remove sulfur compounds and finally is converted to electricity in a combined cycle power block consisting of a gas turbine, a heat recovery steam generator and a steam turbine.
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