Amec Foster Wheeler wins Hyundai Engineering contract for Gas-to-Liquid plant in Uzbekistan
- Supply of Amec Foster Wheeler’s leading hydrogen and unique Terrace Wall steam reformer technologies
Amec Foster Wheeler has been awarded a lump sum contract by Hyundai Engineering Co. Ltd for the delivery of hydrogen plant technology and design and materials supply for a Terrace WallTM steam reformer heater for Uzbekneftegaz National Holding Company’s OLTIN YO’L GTL (gas-to-liquid) plant which is under construction in the Kashkadarya Region of Uzbekistan.
Amec Foster Wheeler’s scope of work includes the basic design engineering for the 37,100 Nm3/h (normal cubic metres per hour) hydrogen unit, the basic and detailed engineering, and procurement for the steam reformer heater, plus site advisory services. Amec Foster Wheeler is currently in the detailed engineering phase for the plant's Terrace WallTM steam reformer, which is scheduled to be completed in the second quarter of 2018.
This contract supports Amec Foster Wheeler’s strategy to extend its technology offerings, including its leading hydrogen production and unique Terrace WallTM steam reformer technologies.
The Terrace WallTM design is a unique and fully proven global technology, part of Amec Foster Wheeler’s wider suite of innovative technologies which supports customers across the world. In addition to this contract win, in the last year Amec Foster Wheeler has announced contracts for its proprietary Terrace WallTM reformer technology in Russia, Egypt and Italy.
This award confirms the impressive performance of Amec Foster Wheeler’s hydrogen technology as well as the proven advantages of our Terrace Wall steam reformers. The combination of Terrace Wall reformers’ capital cost-competitiveness, energy consumption efficiency, very high reliability and compact “footprint”, ideal where space is limited, especially within existing facilities, is a compelling value proposition for our customers. We look forward to working closely with Hyundai Engineering, the Engineering Procurement and Construction contractor, to deliver the hydrogen technology and steam reformer heater for this advanced gas-to-liquids facility.
Learn more about Amec Foster Wheeler's proprietary Terrace WallTM reformer technology.
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
Employing around 35,000 people in more than 55 countries and with 2016 revenues of £5.4 billion, the company operates across the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, power and process, pharma, environment and infrastructure markets.
Amec Foster Wheeler offers full life-cycle services to offshore and onshore oil and gas projects (conventional and unconventional, upstream, midstream and downstream) for greenfield, brownfield and asset support projects, plus leading refining technology.
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.
This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing, results 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.