Under the name Dee Gees, as in Dave Grohl's initials, the band will make an album with four cover songs: the classics Night fever, Tragedy ”, You should be dancing and More than a woman.
The B-side of the album will feature live versions of songs from Foo Fighters' latest album Medicine at midnight.
In addition, a new version of Andy Gibb's Shadow dancing will be made.
The news was announced by a falsetto-singing Grohl, and the album - which has been named "Hail satin" will be released on July 17.