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Engineering group Foster Wheeler offers Socar to set up JV

15 June 2011 10:05 (UTC+04:00)
Engineering group Foster Wheeler offers Socar to set up JV

BAKU – Head of Azerbaijan’s state energy firm Socar, Rovnag Abdullayev, on Tuesday met Umberto della Sala, president and interim chief executive officer of engineering and construction group Foster Wheeler AG.

Sala said his company planned to partake in implementing projects in Azerbaijan, adding that it was looking to establish a joint venture with Socar to provide a wide range of engineering services.

Abdullayev said Socar was ready to cooperate with Foster Wheeler AG. He added that the proposal to set up a JV would be thoroughly studied by experts.

Foster Wheeler is a global engineering and construction contractor and power equipment supplier, known for delivering high quality, technically advanced, reliable facilities and equipment with a world-class safety record.

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