10 Mar 2016 12:11
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Don't have an account? Click here to register.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."
More News
10 Mar 2016 09:16
Amec swings to loss in 2015 but outlook welcomed
(ShareCast News) - Amec Foster Wheeler said it swung to a loss in 2015 but shares in the oil and gas engineer rose sharply as investors welcomed the company's debt line and outlook. The group posted a pre-tax loss of £235m compared with a profit of £155m in 2014 amid challenging conditions in the oi
Read more4 Mar 2016 12:03
Amec Foster Wheeler surges on US Air Force contract win
(ShareCast News) - Shares in Amec Foster Wheeler surged on Friday after the oilfield services firm said it has secured a seven-year contract with the US Air Force. The FTSE 250 company said it has been awarded prime contractor position on the Air Force Civil Engineer Center (AFCEC) Architect-Enginee
Read more3 Mar 2016 16:24
3 Mar 2016 10:41
Amec Foster secures £125m contract with BP
(ShareCast News) - Engineering services company Amec Foster Wheeler has secured a one-year engineering, procurement and construction contract with BP worth £125m. The contract is to build a new refrigeration plant that will maintain efficient operations across BP's Forties pipeline system. It cover
Read more2 Mar 2016 08:33
Amec Foster Wheeler completes debt refinancing
(ShareCast News) - Amec Foster Wheeler has completed a £1.7bn refinancing of its main debt facilities. The engineering services company said the new facility with a syndicate of 20 banks includes a three year £650m term loan, a five-year £650m term loan and a five-year £400m revolving credit facilit
Read more23 Feb 2016 06:59
Amec Foster Wheeler wins US defence construction contract
(ShareCast News) - Amec Foster Wheeler has won a $183m contract from the US Army Corp of Engineers (ASACE) to help build at the Aegis missile site in Poland. The FTSE 250 company will provide USACE with launcher foundations, apron and crane pads, power plant facilities, warehouses and affiliated
Read more