By an OGJ Online correspondent
BANGKOK, Mar. 6 -- PTT PLC, formerly known as Petroleum Authority of Thailand, has awarded a $6.68 million contract to Foster Wheeler International Corp. for engineering and consultancy services for a new natural gas processing project. The project will be PTT's fifth gas processing plant and will process 530 MMcfd of gas.
The contract is in line with the Thai energy firm's recently revised strategy to place the $227 million projectwhich was shelved last yearback on the table.
Under terms of the contract, Foster Wheeler will conduct a feasibility study, front-end engineering and design, and bid invitation preparation and evaluation. Foster Wheeler also will oversee engineering, procurement, construction, and commission of the plant.
The new facility will be built alongside PTT's three existing gas processing trains at Mab Ta Phud, Rayong, about 220 km southeast of Bangkok. PTT's fourth gas plant is in Khanom, southern Thailand.