Amec Foster Wheeler awarded three-year nuclear services contract for UK Ministry of Defence
Amec Foster Wheeler announces today the award of a contract by the UK Ministry of Defence’s (MOD) Defence Nuclear Safety Regulator (DNSR) to supply independent regulatory services across the entire spectrum of their activities. DNSR is part of the MOD’s Defence Safety Authority and is responsible for the regulation of the Defence Nuclear Programme.
The value of the three-year contract, which has an option to extend for a further four years, has not been announced, but it renews Amec Foster Wheeler’s support to DNSR which goes back more than 20 years.
Under the contract, the service will be delivered from an independent specialist team within Amec Foster Wheeler and includes development of regulatory policy and guidance, training and assurance, safety case assessment and regulatory inspection.
This contract maintains Amec Foster Wheeler’s position as the largest provider of independent regulatory support services to the UK defence regulator and also provides them with access to our unique capabilities and the vast resource pool across all our technical areas.
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 50 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.
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.