London, UK,
03
May
2016
|
13:00
Europe/London

Amec Foster Wheeler joint venture breaks ground as prime contractor on Port Granby environmental remediation

Newsfacts:
  • Safe-storage of historic low-level radioactive waste

Amec Foster Wheeler announces today the start of work on the Port Granby low level radioactive waste management facility in Southeast Clarington, Ontario. Following a shovel turning ceremony on Friday 29 April, Amec Foster Wheeler and its joint venture partner CB&I joined the Port Hope Area Initiative (PHAI) and its governmental and corporate partners in marking the initiative on the facility, which will be used to safely store historic low-level radio-active waste for hundreds of years.

The Port Granby Project will address a long-standing environmental issue by safely relocating 450,000 cubic metres of historic low-level radioactive waste away from the receding Lake Ontario shoreline for safe, long-term storage in the engineered aboveground mound facility being built approximately 700 metres north of the lake.

Honoured guests at the ground-breaking ceremony included Kim Rudd, Parliamentary Secretary to the Minister of Natural Resources and Member of Parliament for Northumberland - Peterborough South, and Adrian Foster, Mayor of the Municipality of Clarington.

In July 2015, the joint venture was awarded the Cdn$86.8 million contract to undertake the Port Granby Project on behalf of the PHAI. As prime contractor, the scope includes facility construction, waste excavation, construction of a roadway to permit transportation of the excavated material without using municipal roads, and restoration of the existing and new facility sites. The project is estimated to create economic benefits for the region in the form of jobs, supplies and services as subcontracts are awarded for various construction activities and materials are purchased from area businesses.

Our team plays an important role addressing this long-standing environmental issue safely by delivering this project to our customer’s requirements, while also supporting the community with economic opportunities.
Scott Anderson, Senior Vice President, Construction Remediation for Amec Foster Wheeler and AMEC-CB&I Joint Venture Chairman
Everything is now in place for us to start the clean-up phase of this important project. Our contractor brings extensive international expertise to environmental projects such as this, and the PHAI has assembled a strong team to oversee the work with safety and environmental protection as our top priorities.
Craig Hebert, PHAI General Manager
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 40,000 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.

 

 

On 31 July 2015, Amec Foster Wheeler, in a joint venture with CB&I, announced the award of a CAD$86.8 million construction remediation contract by Canadian Nuclear Laboratories to build the Port Granby long-term waste management facility in the municipality of Clarington in Ontario, Canada.

 

 

The Port Granby Project involves the relocation of approximately 450,000 cubic metres of historic low-level radioactive waste, located at an existing site on the shoreline of Lake Ontario in Southeast Clarington, to a new, engineered aboveground mound. Ongoing maintenance and monitoring will continue for hundreds of years after the facility is capped and closed. The historic waste resulted from radium and uranium refining operations of the former Crown Corporation Eldorado Nuclear and its private sector predecessors, which operated from the 1930s to 1988.

 

 

The Port Hope Area Initiative (PHAI) is a federal environmental clean-up programme. Its mandate is the remediation and local, long-term, safe management of historic low-level radioactive waste in Port Hope and the Port Granby area of Southeast Clarington. The PHAI Management Office, led by Canadian Nuclear Laboratories, is implementing these projects on behalf of Atomic Energy of Canada Limited, a federal Crown corporation.

 

 

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.