This DICE Press Release (thanks Battlefield Nation) looks like the latest version of the same press release they've already issued twice prior to this (story and story), though the date and development studio have changed, so it's possible this is an additional project, rather than just a restatement. Presumably this will all be cleared up eventually with some details to fill in the blanks. Here's the latest announcement:

Digital Illusions signs a new contract for the development of a PC game within the shooter genre. Publisher is Electronic Arts. The game is based on Digital Illusions’ brand and is planned for a fall 2006 debut.

- Digital Illusions is one of the best developers of PC games in the world. The product is expected to generate royalty incomes to the Company during 2006, said Patrick Söderlund, CEO at Digital Illusions.

The development of the PC game will take place at the Company’s Stockholm studio. Digital Illusions receives a development budget from the publisher Electronic Arts.

The game is planned for a fall 2006 debut. So far the product is untitled.