Amec Foster Wheeler wins Sweden refinery contract
• Engineering, Procurement and Construction management for Preem AB’s Lysekil refinery
• Unit to manufacture Vacuum Gas Oil
Amec Foster Wheeler announces today the award of a contract by Preem AB, the largest fuel company in Sweden, for the Engineering, Procurement and Construction management (EPCm) of their Lysekil refinery’s new Vacuum Distillation Unit (VDU). The new facility will manufacture Vacuum Gas Oil hence removing the need for its import.
The award of the EPCm contract follows the successful completion of a feasibility study for the VDU by Amec Foster Wheeler in 2014 to confirm the technical viability of the project, and its subsequent Front End Engineering Design in 2015.
“I am delighted that we are able to continue our work for Preem on this important facility for them. The award of this contract demonstrates our excellent relationship with Preem and our ability to constantly deliver high-value solutions for customers.”
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.
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.