London, UK,
11
November
2015
|
08:00
Europe/London

Amec Foster Wheeler awarded lifetime enterprise agreement by EDF Energy Generation

Summary

Agreement for nuclear reactor services support

Amec Foster Wheeler announces today the award of a lifetime enterprise agreement from EDF Energy to provide technical support and expertise for the lifetime of their current UK reactor fleet.

The agreement, the value of which has not been announced, will cover all interfaces of work with a focus on EDF Energy’s reactor systems, reactor technology and plant performance to the end of the operating life of its existing UK fleet of Advanced Gas-cooled Reactors.

The agreement further strengthens Amec Foster Wheeler’s long-term relationship with EDF Energy and will see the company continue to provide technical support across a wide range of disciplines, including:

  • Modelling and Simulation, ensuring compliance with design codes, standards and regulations, future proofing key platforms and systems.
  • Rigs, facilities, specialist chemistry, corrosion and materials – developing solutions to solve key future and emergent challenges.
  • Managing ageing and obsolescence eliminating constraints associated with high integrity Control and Instrumentation systems that will enable Plant Life Extension and improve generation
  • Plant Performance – integrating tacit knowledge and targeted tools to predict plant performance in support of the drive for improvements to equipment reliability.

 

Clive White, President of Amec Foster Wheeler’s Clean Energy business
This agreement will allow both parties to plan on a long term, strategic basis and invest in resources, tools and facilities to secure safe, reliable operational performance, to deliver EDF Energy’s objectives for their nuclear stations.

It further reinforces Amec Foster Wheeler’s long-term knowledge and expertise in the field of reactor support and will allow us to help ensure that EDF Energy can generate, clean, reliable and safe electricity for years to come.
Clive White, President of Amec Foster Wheeler’s Clean Energy business
Amec Foster Wheeler’s unique range of skills and capabilities in nuclear engineering, combined with its longstanding relationship with EDF Energy, makes it the ideal partner to deliver the Lifetime Enterprise Agreement. The contract will enable us continue to deliver the secure, reliable, low carbon electricity the UK needs now and into the future.
Brian Cowell, Director of Nuclear Operations at EDF Energy
Notes to editors

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 annualised scope revenues of £5.5 billion and over 40,000 people in more than 55 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.

 

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.