Petrobras Selects Foster Wheeler to Execute Engineering for New Fertilizer Complex

CÓRDOBA, ARGENTINA--October 31, 2012--Researched by Industrial Info Resources Latin America (Cordoba, Argentina)--Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil), Brazil's national petroleum company, has selected Foster Wheeler AG (NASDAQ:FWLT) (Baar, Switzerland) for the execution of the basic engineering design (BED) and the front-end engineering and design (FEED) in the construction of a greenfield nitrogenous fertilizers complex that will be built in Linhares, Espirito Santo state, in Brazil. The complex is also known as Nitrogenous Fertilizers Unit 4 (UFN4).