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Amec Foster Wheeler wins Spanish uranium project contact

Tue, 14th Feb 2017 07:48

(ShareCast News) - Energy services group Amec Foster Wheeler has been awarded a contract by Berkeley Energia to help develop its uranium processing plant at its Salamanca Project in western Spain.The scope of work by Amec Foster Wheeler will include engineering and procurement services to determine the capital cost of the front end crushing plant, and detailed engineering of the plant in preparation for the construction phase.The work will be undertaken by Amec Foster Wheeler's South African mining company MDM Engineering.Amec had previously carried out the definitive feasibility study (phase for the project during which a smart design approach was adopted that will enable significantly reduced capital costs.Dave Lawson, Amec's president for Mining, said: "The award of this contract is testament to our strong performance during the DFS phase which has resulted in us identifying a number of design efficiencies for the Salamanca facility."We will leverage our extensive experience in delivering large scale uranium projects and apply our significant heap leach processing expertise to this next important phase of the project."
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26 Aug 2016 15:58

Broker tips: CRH, Amec Foster Wheeler, BAE

(ShareCast News) - Societe Generale downgraded its recommendation on building materials group CRH to 'hold' from 'buy' following the stock's outperformance. The bank said CRH's equity story is still attractive, but after the 31% year-to-date outperformance versus the broader market, the medium-term

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26 Aug 2016 10:21

Morgan Stanley ups Amec Foster to 'overweight'

(ShareCast News) - Morgan Stanley upgraded Amec Foster Wheeler to 'overweight' from 'equalweight' and bumped up the price target to 700p from 500p saying restructuring should outweigh disposals. The bank attributed the price target lift to increased confidence that the new CEO will drive a better ea

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26 Aug 2016 07:07

LONDON BRIEFING: All Eyes Turn To Fed Chair Yellen's Speech

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23 Aug 2016 09:19

Tuesday broker round-up

(ShareCast News) - Ithaca Energy: Barclays reiterates underweight with a target price of 70p. Mediclinic: JP Morgan maintains neutral with a 1160p target. Premier Oil: Barclays reiterates overweight with a 100p target. South 32: Jefferies reiterates hold with a 110p target. Mondi: Citigroup keeps

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23 Aug 2016 08:22

BROKER RATINGS SUMMARY: Jefferies Upgrades BHP Billiton To Buy

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16 Aug 2016 16:01

LONDON MARKET CLOSE: End Of Eight-Day Rally Despite Higher Oil Prices

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12 Aug 2016 09:36

Friday broker round-up

(ShareCast News) - Britvic: Berenberg reiterates buy with a target price of 775p. RSA Insurance: Deutsche Bank maintains hold with a 525p target. GlaxoSmithKline: JP Morgan reiterates neutral with a 1900p target. Amec Foster: Goldman Sachs stays at buy with a 691,1p target. A.G. Barr: Berenberg d

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10 Aug 2016 08:35

BROKER RATINGS SUMMARY: Panmure Raises RSA Insurance To Buy From Hold

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9 Aug 2016 19:10

Amec Foster Wheeler leads gains among oil equipment and service stocks

(ShareCast News) - Oil equipment and services stocks saw another day of gains, with shares in Amec Foster Wheeler spearheading the advance in the wake of its latest interim figures. Amec reported higher sales and lower earnings in the first half of the year which were better than the market expected

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9 Aug 2016 09:43

WINNERS & LOSERS SUMMARY: Worldpay Bid Up After Strong First Half

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9 Aug 2016 09:01

EXTRA: Amec Foster Wheeler's Underlying Results Beat Expectations

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9 Aug 2016 08:38

Amec Foster Wheeler beats first-half forecasts, review due in autumn

(ShareCast News) - Amec Foster Wheeler's higher sales and lower earnings in the first half were better than the market expected, while the engineer also impressed with cost cutting and its continued expansion into renewable energy. Revenue in the six months to 30 June of £2.8bn was up 7% on the same

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9 Aug 2016 06:51

Amec Foster Wheeler Turns To Loss Despite Managing To Lift Revenue

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12 Jul 2016 07:18

Amec Foster Wheeler wins two contracts with Repsol Sinopec

(ShareCast News) - Amec Foster Wheeler said it had won two long-term major services contracts as part of Repsol Sinopec Resources UK's long-term transformation and commitment to the North Sea. Both contracts are for an initial three-year term with up to two one year extensions. The new contracts ar

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12 Jul 2016 06:40

Amec Foster Wheeler Wins Two Maintenance Deals In North Sea

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