The nine year agreement (five years plus two optional two-year periods) is currently one of the largest project management contracts within the UK nuclear industry and is worth up to £15 million a year.
Clive White, President of Amec Foster Wheeler's Clean Energy business, said: "This framework agreement further reinforces our long-standing relationship with EDF Energy.
"Our highly skilled work force of project managers, drawn from our extensive pool of expertise across Amec Foster Wheeler, is key in ensuring that the UK's existing nuclear power stations are truly world class in terms of safety and performance and can continue to generate safe, reliable electricity in the years to come."
In addition to EDF Energy's Generation offices at Barnwood in Gloucester and East Kilbride near Glasgow, Amec Foster Wheeler will provide these crucial services to the nuclear stations at Dungeness in Kent, Sizewell in Suffolk, Hunterston in North Ayrshire, Torness in East Lothian, Heysham 1 and 2 in Lancashire, Hartlepool on Teesside and Hinkley Point in Somerset.
Ends
Enquiries to:
Amec Foster Wheeler plc Julian Walker (media) Rupert Green (investors) | + 44 (0)20 7429 7500 |
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
With pro forma 2014 scope revenues of £5.5 billion and over 40,000 employees in more than 50 countries, the company operates across the whole of the oil and gas industry - from production through to refining, processing and distribution of derivative products - and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Within our nuclear business, we stand out for our ability to bring world-leading expertise, technology and scientific capabilities to customers' challenges. With 3,300 nuclear specialists around the world, we're able to support our customers with local expertise. We have been delivering in the nuclear sector since the beginning and have played a critical role in major nuclear projects around the world.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
Forward-Looking Statements
This announcement contains statements which constitute "forward-looking statements". Forward-looking statements include any statements related to the timing and success of contracts, and are generally identified by words such as "believe," "expect," "anticipate," "intend," "estimate," "will," "may," "continue," "should" and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements.
Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.
