Amec Foster Wheeler’s Group President, Strategy & Business Development to speak at Rice Global E&C Forum
How E&C industry is and will be dealing with a sustained period of low oil and gas prices
Amec Foster Wheeler will demonstrate its leadership across the oil and gas value chain at the 18th Annual Rice Global Engineering & Construction (E&C) Forum, September 22, 2015 at Rice University in Houston.
Jeff Reilly, Group President, Strategy & Business Development, Amec Foster Wheeler, will be speaking on ‘Strategic Options Available in a Continuously Volatile Market’. He will say that the strategic decisions and avenues taken are more critical right now because of the current down cycle in the always volatile oil and gas market. Firms need to be nimble and flexible yet not lose sight of their short and long term needs. Mr. Reilly will also provide a historical perspective on the engineering, procurement and construction industry and discuss how it is ‘business as usual’ adapting to market fluctuations.
The Rice Global E&C Forum fosters a global dialogue about the critical challenges and opportunities facing the E&C industry. Amec Foster Wheeler is pleased to share our integrated experience and expertise in oil and gas with this important audience.
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.
Rice Global E&C Forum
The Rice Global E & C Forum is the only organization focused solely on the discussion and study of problems and opportunities facing the contracting side of the E & C industry. The Rice Global E&C Forum (RGF) has a vision to be the premier venue for discussion of critical issues impacting the future of the global E & C industry. The mission of the RGF Council is to accomplish its vision through collaboration with Rice University, by conducting an Annual Forum and holding monthly roundtable meetings within a neutral environment. For more info:http://www.forum.rice.edu/
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.