London, UK,
08
March
2017
|
11:00
Europe/London

Amec Foster Wheeler wins Eni contract in excess of €50 million for ‘green’ refinery conversion

Newsfacts:
  • First green refinery contract demonstrates growth potential
  • Application of proven Amec Foster Wheeler technology
  • Contract builds on long-term customer relationship

Amec Foster Wheeler announced today that it has been awarded a lump sum turn-key contract in excess of €50 million by Eni SpA for the engineering, procurement and construction of a new steam reforming plant for hydrogen production to be built at its refinery at Gela, Italy.

Building on its long-standing relationship with the supermajor, Amec Foster Wheeler was hired by Eni as part of a major investment programme in Italy to convert its refineries from ‘conventional’ to ‘green’ bio-refineries, and will use our proven Hydrogen technology and our differentiated Terrace WallTM fired heater.

Marco Moresco, President, Downstream Capital Projects, EMEA, Amec Foster Wheeler
This is the first contract that Amec Foster Wheeler has been awarded in the new ‘green refineries’ market, and represents an area in which we see significant growth potential.

Amec Foster Wheeler’s work for Eni will involve using our proprietary technology to maximise the value of their assets, and we’re delighted that it builds on the long-term relationship we have with Eni.  
Marco Moresco, President, Downstream Capital Projects, EMEA, Amec Foster Wheeler

Amec Foster Wheeler’s scope of work includes engineering, procurement services and supply of materials and equipment, construction and supervision, pre-commissioning, and training. Amec Foster Wheeler will also support Eni during commissioning, start-up and testing of the new steam reforming plant. The company's role is expected to be completed in the fourth quarter of 2018.

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.

Employing around 36,000 people in more than 55 countries and with 2015 revenues of £5.5 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, clean energy, power generation, 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.

 

Forward-Looking Statements

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.