London, UK,
14
January
2016
|
08:00
Europe/London

Amec Foster Wheeler awarded Bruce Power Strategic Supplier Master Services Agreement

Summary

• Extensive range of engineering and project management services
• Continues expansion of support to Bruce Power

Amec Foster Wheeler announces today the award of a six-year Strategic Supplier Master Services Agreement with Bruce Power in Canada for the provision of an extensive range of engineering and project management services. This agreement will enable Amec Foster Wheeler to continue the expansion of its support to Bruce Power, enhancing job security for its employees, and providing employment opportunities for Ontarians.

As a key strategic supplier, Amec Foster Wheeler will help Bruce Power achieve success in its focus on planning and executing Major Component Replacement Outages and executing a wide-ranging asset management campaign, all aligned to support Ontario’s long term energy plan.

Bruce Power is Canada’s first private nuclear generator, providing 30% of Ontario’s power. Its eight units provide over 4,000 full-time, direct jobs to highly skilled employees, and thousands more indirectly.

 

Simon Naylor, Group President Americas
We are pleased to extend our support for Bruce Power as we continue our work at this exciting and pivotal time for the Canadian nuclear industry. This agreement positions Amec Foster Wheeler for success in achieving our vision of being recognised as an essential trusted partner to our clients and the nuclear industry.
Simon Naylor, Group President Americas
Duncan Hawthorne, President and CEO, Bruce Power
We look forward to building on our already strong relationship with Amec Foster Wheeler with a goal of continuing to be a key source of Ontario’s electricity supporting the economy while creating and sustaining jobs. Ontario’s Long-Term Energy Plan is counting on Bruce Power’s eight units to help power the province for decades to come, and this means clean, affordable and reliable electricity for families and businesses along with ongoing positive economic impacts. Both Bruce Power and Amec Foster Wheeler look forward to continuing to forge a strong relationship while delivering safe, reliable nuclear power to Ontario.
Duncan Hawthorne, President and CEO, Bruce Power

Amec Foster Wheeler has some 3,000 nuclear specialists and have been a primary supplier to Bruce Power for 13 years, providing key support in engineering and operational analysis including support for the Bruce Units 1 & 2 Refurbishment project.

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.