London, UK,
25
January
2016
|
08:00
Europe/London

Amec Foster Wheeler moves to new regional headquarters in Aberdeen

Summary

• An Aberdeen headquarters for the next 25 years
• Cost efficient city centre location

Amec Foster Wheeler announces today that as part of its strategy to position itself for the next 25 years in the North Sea, it is moving its regional head office in Aberdeen from its City Gate buildings in Altens to the city centre.

The move will see approximately 450 people move from the company’s Altens and Westhill locations to Annan House next to Union Square.

The new office, which offers modern, sustainable, flexible, more efficient and more cost effective accommodation, consolidates a number of the company’s Aberdeen offices into one central hub. This move is in addition to the relocation of the brownfield projects hub in 2015 to three state-of-the-art City View pavilions, also close to the city centre.

Annan House will also be headquarters to qedi, Amec Foster Wheeler’s world-leading commissioning and completions business.

This consolidation into Annan House allows the business to be more cost effective and efficient, as well as being conveniently located next to the main city centre transportation links. Having key operations in these state of the art offices allows the business to use technology efficiently to work with the whole global organisation, enhancing the ability to export North Sea expertise while also minimising cost.

The move is part of a wide range of initiatives the company has put in place to increase efficiency and reduce costs for its customers.

Alan Johnstone, Amec Foster Wheeler’s Managing Director for Upstream Asset Solutions
Although we are sad to leave City Gate which has served us well for the last 25 years, we need to make sure we are best placed for the next 25 years. The move gives us a central, sustainable headquarters, bringing a number of offices together on one central site. We are doing things differently to support the long term sustainability of our industry and the North Sea, and this is just another example of that in action.
Alan Johnstone, Amec Foster Wheeler’s Managing Director for Upstream Asset Solutions

Amec Foster Wheeler employees approximately 3,000 people in and around Aberdeen, and over 40,000 people in 55 countries globally.

 

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.