Amec Foster Wheeler to play key maintenance role at world’s leading nuclear fusion project
Contract win further boosts role as supplier of specialist robotics services for ITER experimental reactor
Amec Foster Wheeler today announces that it has signed a framework contract to supply maintenance and remote handling services to ITER, the world’s largest nuclear fusion research project.
Securing the Maintenance and Remote Handling Framework further strengthens the company’s role at ITER, a 35-nation project to build a tokamak, or an experimental fusion reactor, in the South of France.
This contract win represents another step forward in our aspiration to play a major role across the ITER project. It underlines our leading expertise in nuclear remote handling and robotics and highlights the key role we are playing in developing future nuclear technologies while continuing to support the existing nuclear fission power industry.
The purpose of the framework contract, expected to be worth up to €4m over four years, is to provide engineering support based on experience of nuclear installation in-service inspection for developing the maintainability and inspectability of the ITER structures, systems, and components during their design.
The scope will cover critical complex areas such as the hot cell, where irradiated components are dismantled and treated, and the Cryostat, at 3,850 tonnes the second largest high-vacuum pressure chamber ever built. Amec Foster Wheeler will also carry out work to analyse reliability, control costs, carry out virtual and physical mock-ups to test procedures, and produce maintenance documentation.
In May 2015, a joint venture led by Amec Foster Wheeler won a €70m, seven-year contract to carry out all activities ranging from design, manufacturing, factory testing, delivery, on-site integration, commissioning and final acceptance tests for ITER’s neutral beam remote handling system.
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.
ITER (‘the way’ in Latin) is one of the most ambitious energy projects in the world today. A total of 35 nations are collaborating to build the world's largest tokamak, a magnetic fusion device that has been designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy based on the same principle that powers our Sun and stars.
The experiments that will be carried out at ITER’s base at Cadarache in the South of France are crucial to advancing fusion science and preparing the way for the fusion power plants of tomorrow.
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.