22 Jan 2016 17:00
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Tue, 02nd Feb 2016 07:49
(ShareCast News) - Amec Foster Wheeler has been awarded a seven-year contract by the US Air Force.The oil and gas engineering firm said it has won a prime contractor position on the Air Force Civil Engineer Center (AFCEC) Architect-Engineering 2013 services contract starting September 2015.The contract, estimated to reach completion by 2022, has an aggregate maximum value of $950m (£660m) for the multiple awardees.Group president Simon Naylor said: "We are honoured to be selected for this AFCEC contract and look forward to building upon our 25+ years of support for the US Air Force across the globe."This award is a pivotal part of our strategy to continue our growth through the delivery of design engineering and construction services."
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22 Jan 2016 14:24
FTSE 250 movers: Petrofac, Acacia Mining, Virgin Money
(ShareCast News) - A second day of large gains saw West Texas Intermediate crude oil futures clock in with their biggest two-day advance since August 2015. According to Blacrock's chief, institutionals began wading into financial markets as far back as last Wednesday. Dovish remarks from the ECB's M
Read more18 Jan 2016 15:25
FTSE 250 movers: Miners a drag on second tier
(ShareCast News) - The FTSE 250 continued to slide on Monday, dropping 188.52 points (1.17%) to 15,972.08 by mid-afternoon. Vedanta Resources led a bunch of miners featuring on the fallers list, after JP Morgan Cazenove re-evaluated its stance on the mining sector. In a note released on Monday, the
Read more18 Jan 2016 12:01
18 Jan 2016 07:30
Amec Foster Wheeler CEO steps down
(ShareCast News) - Amec Foster Wheeler's chief executive Samir Brikho is stepping down from his role, the oil and gas engineer announced alongside a very brief trading update. Chief financial officer Ian McHoul has been appointed to the role of interim CEO with immediate effect and will chair the gr
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