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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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27 Apr 2016 08:21

Amec FW appoints Halliburton man as new CEO, Q1 sales down

(ShareCast News) - Amec Foster Wheeler has appointed 20-year Halliburton veteran Dr Jon Lewis as its new chief executive, and reported a decline in first-quarter sales. In the three months to the end of March, the engineering group generated revenue of £1.3bn, which was down 1.5% against last year's

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27 Apr 2016 07:33

LONDON MARKET OPEN: Barclays Core Strength Boosts Shares

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27 Apr 2016 06:54

Amec Foster Wheeler Appoints New CEO, Reiterates Full Year Guidance

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26 Apr 2016 13:09

Tuesday broker round-up

(ShareCast News) - Premier Foods: Jefferies upgrades to buy with a 60p target. Aberdeen Asset Management: Citigroup downgrades to sell with a 265p target. Smiths Group: Jefferies keeps at buy with a target price of 1100p and Credit Suisse reiterates outperform with a target of 1275p. Close Brother

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26 Apr 2016 08:40

BROKER RATINGS SUMMARY: Citi Raises Standard Chartered, Cuts Aberdeen

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21 Apr 2016 11:18

LONDON MARKET MIDDAY: Ex-Dividends Offset Crude Rally Ahead Of ECB

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21 Apr 2016 07:41

LONDON MARKET OPEN: FTSE 100 Flat As Ex-Dividends Offset Oil Rally

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20 Apr 2016 15:17

AGM, EGM Calendar - Week Ahead

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13 Apr 2016 15:04

Earnings, Trading Statements Calendar - Week Ahead

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11 Apr 2016 16:20

Monday broker round-up

(ShareCast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 942p. Fresnillo: RBC downgrades to underperform with a target price of 750. Jupiter Management: UBS reiterates neutral with a target price of 410p and Jefferies keeps at buy, 472p target. Petrofac: Nomura keep

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6 Apr 2016 11:37

Oil & Gas UK Appoints New Co-Chairmen, Including EnQuest Manager

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18 Mar 2016 09:36

BROKER RATINGS SUMMARY: Nomura Says Reduce StanChart And HSBC

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16 Mar 2016 14:38

2nd UPDATE: UK Govt To Scrap Oil Tax And Support Small Nuclear Plants

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15 Mar 2016 09:31

BROKER RATINGS SUMMARY: Macquarie And Morgan Stanley Downgrade Miners

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11 Mar 2016 09:34

BROKER RATINGS SUMMARY: Goldman Promotes Shell To Conviction Buy List

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