Foster Wheeler AG (Nasdaq: FWLT) is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. Foster Wheeler employs approximately 12,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups.



Foster Wheeler AG announced recenty that Foster Wheeler Upstream, part of its Global Engineering and Construction Group, has been awarded a contract by Ryckman Creek Resources, LLC, a subsidiary of Peregrine Midstream Partners, LLC, for project management support for the 35 billion-cubic-foot Ryckman Creek natural gas capacity storage facility. The new gas storage facility will serve the natural gas markets at the Opal Hub in Wyoming. The contract value, which was not disclosed, will be included in the company’s third-quarter 2011 bookings. Foster Wheeler Upstream's work on the contract is expected to continue through the third quarter of 2012.





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