-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CljoWjGGMVAj8DVXDunFZ6ABOZzCaWJ+ciflC8CCKPeDMjQbfqCQQ2NFBFYWKsZ3
 4q82AoSpSKTe19/2RppWgQ==

<SEC-DOCUMENT>0001144204-10-027507.txt : 20100514
<SEC-HEADER>0001144204-10-027507.hdr.sgml : 20100514
<ACCEPTANCE-DATETIME>20100514160951
ACCESSION NUMBER:		0001144204-10-027507
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100513
FILED AS OF DATE:		20100514
DATE AS OF CHANGE:		20100514

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SEXTON BETH
		CENTRAL INDEX KEY:			0001179523

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31305
		FILM NUMBER:		10833473

	MAIL ADDRESS:	
		STREET 1:		IKON OFFICE SOLUTIONS INC
		STREET 2:		70 VALLEY STREAM PARKWAY
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FOSTER WHEELER AG
		CENTRAL INDEX KEY:			0001130385
		STANDARD INDUSTRIAL CLASSIFICATION:	HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600]
		IRS NUMBER:				223802649
		STATE OF INCORPORATION:			V8
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		80 RUE DE LAUSANNE
		CITY:			GENEVA
		STATE:			V8
		ZIP:			CH 1202
		BUSINESS PHONE:		9087304000

	MAIL ADDRESS:	
		STREET 1:		PERRYVILLE CORPORATE PARK
		STREET 2:		SERVICE ROAD EAST 173
		CITY:			CLINTON
		STATE:			NJ
		ZIP:			08809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FOSTER WHEELER LTD
		DATE OF NAME CHANGE:	20001221
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v185190_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-05-13</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001130385</issuerCik>
        <issuerName>FOSTER WHEELER AG</issuerName>
        <issuerTradingSymbol>FWLT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001179523</rptOwnerCik>
            <rptOwnerName>SEXTON BETH</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FOSTER WHEELER AG</rptOwnerStreet1>
            <rptOwnerStreet2>MAILING: PERRYVILLE CORPORATE PARK</rptOwnerStreet2>
            <rptOwnerCity>CLINTON</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08809-4000</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Exec VP of Human Resources</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units (Right to Acquire)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2010-05-13</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>44294</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2011-05-13</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2013-05-13</value>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Registered Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>44294</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>44294</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">1-for-1</footnote>
        <footnote id="F2">Granted pursuant to Foster Wheeler AG Omnibus Incentive Plan. The restricted stock units vest as to one-third of the shares
 on May 13, 2011, one-third of the shares on May 13, 2012, and the remaining one-third of the shares on May 13, 2013. Upon
 vesting, registered shares will be issued on a one-for-one basis.</footnote>
        <footnote id="F3">Not applicable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John A. Doyle, Jr., by Power of Atty.</signatureName>
        <signatureDate>2010-05-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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