As part of the deal, Foster Wheeler will develop overall concept for the project, and is planned to include a world-scale linear alkyl benzene plant, as well as units producing specialty chemicals derived from diesel feedstock.

The company will also develop technology to produce low aromatics solvent and for the treatment of heavy fuel oil.

In addition, it will develop a capital and operating cost estimate and front-end engineering design for the project.

The study is expected to be completed in the first quarter of 2014.

Foster Wheeler president and COO Umberto della Sala said, "We look forward to making a key contribution in assisting our client to progress this significant investment, and delivering a strong performance that will position us well for subsequent phases of the project."