London, UK,
04
March
2016
|
12:16
Europe/London

Amec Foster Wheeler outlines its approach to world’s $100bn nuclear clean-up challenge

Newsfacts:
  • International gathering in USA will hear about benefits from technical innovation, collaboration and More 4 Less
  • Visit Amec Foster Wheeler in booth 417 at WM2016

Amec Foster Wheeler announces today that it will be outlining its approach to nuclear decommissioning at an international conference next week.

The WM2016 Symposia in Phoenix, Arizona, will hear how technical innovation, stronger collaboration, and the company’s More 4 Less methodology are making the delivery of clean-up projects more effective.

The market for dealing with power plant closures and managing radioactive waste is expected to be worth more than $100 billion over the next 15 years.

During that period:

  • More than 200 nuclear reactors are due to shut down;
  • Tens of millions of cubic metres of low and intermediate level waste must be safely managed; and

There is a need to complete the nuclear cycle by putting in place a long-term solution for hundreds of thousands of cubic metres of high-level waste.

Tom Jones, Vice President for Strategy and Business Development of Amec Foster Wheeler’s Clean Energy business
This is a global challenge and a global opportunity. Amec Foster Wheeler’s approach to seizing this opportunity is based on technical innovation, stronger collaboration and the More 4 Less methodology of delivering more work for less cost without compromising on safety.

 We have more than 4,000 nuclear specialists, engineers and project managers around the world and the depth and breadth of our experience enables us to create a flexible and commercial model for meeting customers’ challenges.

Waste management and decommissioning are not a distressed purchase. They are an investment in our future safety and security.
Tom Jones, Vice President for Strategy and Business Development of Amec Foster Wheeler’s Clean Energy business

Amec Foster Wheeler will be exhibiting on booth 417 on the main show floor and on stand 836 in the UK pavilion. The UK is the featured country at WM2016 this year

Several senior people will be presenting and taking part in panel discussions. Tom Jones will be presenting on ‘Nuclear Waste – a global challenge’ as part of the opening plenary session on Monday, March 7 in room 301CD.

Tom will also be taking part in a panel session on nuclear decommissioning in the UK as part of session 3 on Monday, March 7 in room 105AB. This will cover UK government policy, legacy challenges and the role of the regulator. Other panellists will include John Clarke, Chief Executive of the UK’s Nuclear Decommissioning Authority; René McTaggart, Head of Policy for Nuclear Safety and Radioactive Waste Management, Department of Energy and Climate Change; and Mina Golshan, Deputy Chief Nuclear Inspector, Office of Nuclear Regulation.

Other Amec Foster Wheeler experts will be speaking at the conference:

Monday, March 7

  • Dr Stuart Bailey, Principal Toxicologist, will present on gamma radiation surveys of roadways in Port Hope, Ontario, during session 11 in room 106C;

Tuesday, March 8

  • Dr Peter Walkden, Programme Director, will talk about supply chain integration in the Magnox clean-up programme in the UK as part of session 46 on in room 101C;

Wednesday, March 9

  • Dr Mayur Jagatia, Japan Nuclear Business Director, will be presenting on decommissioning at Fukushima Daiichi during session 73 on Wednesday, March 8 in room 102BC;
  • Philip Sinclair, Nuclear Sector Director, will update his WM2012 paper on remediation of commercial property contaminated with radium-226 during session 81 in room 105C;
  • Steve Rima, Vice President, Radiological Services and Engineering, will talk about off-site clean up and international collaboration at Fukushima during session 91 in room 102BC.

Thursday, March 10

  • Heath Downey, Radiological Engineering and Planning Manager, will outline the challenges of conducting radiological site assessment at a remote uranium mine during session 130 in room 106A.

Amec Foster Wheeler’s nuclear experience goes back to the industry’s inception more than 60 years ago. The company provides full life-cycle support and is currently working for customers in the UK, USA, Canada, Japan, France, Poland, Romania, Czech Republic, Ukraine, Slovakia, and South Africa.

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.