ZUG, Switzerland--(BUSINESS WIRE)--Aug. 1, 2012-- Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Samsung Engineering Co. Ltd. (Samsung) for a waste heat recovery unit for PTT Public Company Limited's (PTT) Power Generation and Heat Recovery project at the Map Ta Phut Industrial Complex in Thailand. Samsung is PTT's engineering, procurement and construction and pre-commissioning contractor for this project. In 2010, Foster Wheeler successfully delivered two similar waste heat recovery units to Samsung for PTT. The design for all three units is in accordance with applicable environmental standards.

Foster Wheeler will design, engineer and supply the waste heat recovery unit, including a selective catalytic reduction system and other associated equipment. Delivery of the waste heat recovery unit to site is expected during the third-quarter of 2013.

KUALA LUMPUR – July 26, 2012 – National Instruments, a global technology company that began operations in Malaysia in 2009 with an $80 million capital investment, today announced plans for a significant expansion of the research and development (R&D) center in Penang. Over the next five years, NI plans to recruit 250 engineers in the Penang R&D center in electrical, mechanical and engineering management.

Once completed, the expansion will make NI Penang the largest R&D center for National Instruments outside of its headquarters in Austin, Texas. National Instruments provides engineers and scientists with software and hardware to meet any engineering challenge, including test, measurement, control and embedded design applications.

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“We are pleased that National Instruments has decided to expand their R&D operations in Malaysia,” said Dato’ Sri Mustapa Bin Mohamed, Minister of International Trade and Industry. “This is a testament to the continued attractiveness of Malaysia for multinationals.”

SAN RAMON, Calif., July 30, 2012 - Chevron Corporation (NYSE: CVX) today announced that its subsidiary will proceed with the expansion of its Bibiyana natural gas field in north-west Bangladesh.

The new project will include expansion of the gas plant to process increased natural gas volumes from the Bibiyana Field, additional development wells, and an enhanced gas liquids recovery unit. The project is estimated to cost approximately $500 million and is expected to boost Chevron's total natural gas production capacity in Bangladesh by more than 300 million cubic feet per day to 1.4 billion cubic feet per day, and 4,000 barrels per day of natural gas liquids. First production is expected in 2014.

George Kirkland, vice chairman, Chevron Corporation, said, "As the largest holder of natural gas resources in Asia-Pacific among our peers, this investment in Bangladesh further strengthens our regional portfolio of major gas projects and enhances our position as a leading supplier in the Asia Pacific region."

Melody Meyer, president, Chevron Asia Pacific Exploration and Production, said, "Bibiyana is the largest producing gas field in Bangladesh and a leading example of how technology, investment, and expertise can assist countries to utilize domestic resources to secure reliable, cleaner-burning, and affordable sources of energy."

Chevron to Expand Bangladesh Natural Gas Project

Yokogawa Electric Corporation announces that its affiliate, Yokogawa Kontrol (Malaysia) Sdn. Bhd., has received an order from the CTCI Consortium*1, to supply control systems and field devices for the Kimanis combined cycle power plant*2, which is being built for Kimanis Power Sdn. Bhd. in the Malaysian state of Sabah, in the northeast part of Borneo island.

The Kimanis combined cycle power plant will have a total output of 300 MW (three 100 MW units). The first 100 MW unit, now under construction, is scheduled to start operation in December 2013.

This order is for a comprehensive range of control and instrumentation including the CENTUM® VP integrated production control systems for the power plant's boilers and its boiler and turbine auxiliary facilities; the ProSafe®-RS safety instrumented system for safely shutting down the plant if any abnormal conditions occur; exhaust gas analyzers; and differential pressure/pressure transmitters. Yokogawa Kontrol (Malaysia) Sdn. Bhd. will be responsible for project execution, including engineering, installation, and commissioning services.