Research Opinions on Foster Wheeler AG and McDermott International Inc. -- Strengthening Economic Recovery Translating Into Heav
15 Februar 2011 - 2:07PM
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Foster Wheeler AG (NASDAQ: FWLT)
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The strengthening economic recovery and higher oil-prices
combined with the increased global demand for energy is expected to
amplify the volume of awarded contracts during the coming quarters.
This is good news for companies within the Heavy Construction
sector like McDermott International Inc. which specializes in
offshore projects. McDermott just won a contract to construct a
15,000 ton platform for Noble Energy. McDermott
International Inc. research report is available for free by
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While public funding for highway projects has been constrained,
the booming levels of spending in the energy sector are one of the
main reasons for optimism. One company in this space, Fluor,
recently won a $3.5 billion contract to build a liquefied natural
gas project in Australia. This is a good sign for the company
because it proves its ability to compete with Asian construction
and engineering firms. Fluor stands to benefit also from increased
spending in the mining sector. Foster Wheeler AG is a company that
has also benefited from the mining sector, recently winning a
feasibility study contract from Karnalyte Resources. This is a key
development as the company works to grow its mining expertise.
Foster Wheeler AG report is accessible for
free by registering today at
http://www.shinesroomonline.com/reports/February1511FosterWheelerAG(FWLT)150211.php.
Like Fluor, Shaw Group is also slated to benefit at Asia's
expense, though for different reasons. Shaw, up over 14% during the
past year, recently won $29 million in an arbitration award for
added costs associated with a nuclear power project for Taiwan
Power Co. Visit www.shinesroomonline.com to see how companies in
this industry have grown over the past years and how they are
expected to perform in the future.
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