London, UK,
10
August
2017
|
08:07
Europe/London

Amec Foster Wheeler JV enters Australian petrochemicals market with major ammonia facilities contract

Newsfacts:
  • Clough AMEC JV achieves major breakthrough into Australian petrochemicals sector with Yara Pilbara contract win
  • Five-year contract (with option to extend) involves range of maintenance services at Yara Pilbara facilities
  • Contract win recognises Clough AMEC’s success in delivering cost-effective solutions

Clough AMEC has won a landmark contract to provide maintenance services to ammonia facilities in Western Australia that supply international and domestic fertiliser markets and explosives used in the mining industry.

The five-year deal, with an option to extend to 2027, is Clough AMEC’s first entry into Australia’s petrochemicals sector.

The JV will provide maintenance planning support and routine maintenance services and shutdowns, as well as the supply of management, tools and systems, to the Yara Pilbara Fertilisers Pty Ltd (YPFPL) and Yara Pilbara Nitrates PTY (YPNPL) facilities located near Karratha.

Owned by Yara Pilbara Holdings Ltd., YPFPL is one of the world's largest ammonia production facilities, with a capability of approximately 850,000 metric tons annually. Output from the plant is sold in the Australian domestic market, as well as South-East Asian market such as Indonesia and Korea. Liquid ammonia is a vital raw material for the manufacture of fertilisers.

Adjacent to this is YPNPL, a technical ammonium nitrate facility opened last year that cost AUS $800m (£487m) to build. This plant produces ammonium nitrate used for explosives in the domestic mining market.

For Amec Foster Wheeler, this win supports the Company’s strategy to leverage its skills into adjacent sectors, and grow its chemicals business by expanding its services across the full asset lifecycle. The contract also offers a significant opportunity for additional technical and implementation support to Yara Pilbara’s fertiliser operations and future capital projects.

Since the JV was formed 13 years ago, Clough AMEC has built an impressive track record for delivering operations, maintenance and shutdown success in the oil and gas sector in Australasia. This entry into the Australian petrochemicals sector recognises our success in delivering cost-effective solutions for our customers. It strengthens our position as the asset support services contractor of choice.
Nigel Hudson, Clough AMEC Director
Notes to editors

Clough AMEC is a 50/50 Joint venture between Clough and Amec Foster Wheeler. The Joint Venture was established in 2004 to provide engineering, operations and maintenance services to the Australasian oil and gas industry. Clough AMEC has offices in Australia as well as access to a combined worldwide resource pool of over 40,000 people.

More information is available at www.cloughamec.com.au

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, pharmaceutical, 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.