Search results for: Amec Foster Wheeler

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  • 13 March 2017

    UK-based energy services company Wood Group has made an offer to acquire its compatriot consultancy, engineering and project management company, Amec Foster Wheeler.  The two companies said on Monday they have agreed the terms of a recommended all-share offer by Wood Group to acquire the entire issued and to be issued share capital of Amec Foster Wheeler. […]

  • 13 March 2017
    Business & Finance

    Amec Foster Wheeler and Wood Group have reached agreement on the terms of a recommended all-share offer by Wood Group to acquire the entire issued and to be issued share capital of Amec Foster Wheeler. Under the terms of the so-called combination, each Amec Foster Wheeler Shareholder will receive for each Amec Foster Wheeler share […]

  • 5 October 2017

    A UK court has sanctioned the scheme of arrangement related to Wood Group’s proposed takeover of rival Amec Foster Wheeler. The combination of the two oilfield services providers will become effective on Friday, October 6, following the delivery of the court order.  Wood Group launched the offer for Amec Foster Wheeler back in March, valuing AFW […]

  • 6 June 2016
    Project & Tenders

    UK-based LNG engineer Amec Foster Wheeler on Monday said it has been awarded a contract by Indian Oil LNG Private (IOCPL) for the LNG import terminal in Ennore, Tamil Nadu, on India’s east coast.

  • 16 December 2015
    Business & Finance

    Amec Foster Wheeler has been awarded three contracts by BP to provide services to the Glen Lyon Floating Production, Storage and Offloading (FPSO) vessel as part of the Quad 204 Project, located 175 km west of the Shetland Isles, UK. The FPSO recently started sea trials as it began its journey towards the west of Shetland. The FPSO […]

  • 2 August 2017

    The UK’s Competition and Markets Authority (CMA) said Wood Group’s acquisition of Amec Foster Wheeler creates reasons for competition concerns. 

  • 12 July 2017
    Business & Finance

    The UK Serious Fraud Office (SFO) has opened an investigation into the activities of Amec Foster Wheeler and any predecessor companies owning or controlling the Foster Wheeler business. The investigation focuses on the activities of any subsidiaries, company officers, employees, agents and any other person associated with any of these companies for suspected offences of […]

  • 30 September 2015
    Business & Finance

    Amec Foster Wheeler, a multinational consultancy, engineering and project management company headquartered in London, announced Wednesday that it was expanding its UAE operations in response to recent contract awards and growing opportunities in the Middle East. The company said the Middle East market remained strong in a time of oil price uncertainty and Amec Foster Wheeler […]

  • 28 May 2015
    Project & Tenders

    Amec Foster Wheeler informed that it has been awarded a pre-FEED contract by the Government of Timor-Leste for the proposed Beaço liquefied natural gas plant.

  • 15 April 2015
    Equipment, Project & Tenders

    Amec Foster Wheeler has been awarded a contract by BP to provide operations, maintenance and project support for the Forties Pipeline System (which includes the Unity offshore platform and onshore pumping stations in Aberdeenshire and Perthshire) and the Central Area Transmission System terminal in Teesside, north-east England. The contract, worth over £50 million, will run […]

  • 2 August 2017
    Business & Finance, Operations & Maintenance

    The Competition and Markets Authority CMA has today determined that the acquisition of Amec Foster Wheeler by Wood Group gives rise to competition concerns in the supply of engineering and construction (E&C) services and operation and maintenance (O&M) services on the UK continental shelf. Recognising the potential for today’s decision, Wood Group had previously made […]

  • 3 March 2016

    Amec Foster Wheeler has secured a one-year £125 million ($176.6M) Engineering, Procurement and Construction (EPC) contract by BP to build a new refrigeration plant that will maintain efficient operations across the North Sea’s Forties Pipeline System. The contract is for BP’s Refrigerated Liquid Petroleum Gas (RLPG) site in Grangemouth, Scotland. It is part of the company’s […]

  • 3 October 2016
    Business & Finance

    Amec Foster Wheeler has been awarded a consultancy contract by Inpex, Japan’s oil & gas exploration and production company, for the Ichthys Liquefied Natural Gas (LNG) Project in Australia. Ichthys is the largest discovery of hydrocarbon liquids in Australia in the last 40 years. The company said on Monday that the scope of work involves […]

  • 16 December 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Amec Foster Wheeler has won three contracts from BP to provide services to the Glen Lyon floating production, storage and offloading (FPSO) vessel as part of the Quad 204 Project, located 175 km west of the Shetland Isles, UK. According to the company, the three reimbursable contracts are worth £31.5 million (approx. $47.3 million) and will create […]

  • 1 July 2016

    Amec Foster Wheeler has been awarded a contract by the Spanish LNG terminal operator Enagas for a study to revamp its gas treatment facility, part of their Gaviota underground storage plant in northern Spain.

  • 15 December 2014

    Amec Foster Wheeler has acquired Scopus Group

  • 18 August 2015
    Business & Finance

    Amec Foster Wheeler has been awarded an extension to its existing Project Management Consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) field, located 84 kilometres north-west of Abu Dhabi. The value of the contract has not been announced. The contract was awarded by the Zakum Development Company (ZADCO), which operates the […]

  • 15 August 2017

    The UK’s Competition and Markets Authority (CMA) accepted in principle a remedy formally proposed by Wood Group regarding its merger with Amec Foster Wheeler.

  • 12 July 2017

    The UK Serious Fraud Office has launched an investigation into Amec Foster Wheeler, a UK engineering company set to be acquired by the oilfield services giant Wood Group. In a statement on Tuesday, Amec Foster Wheeler said it was informed by the SFO that it “has now opened an investigation into Amec Foster Wheeler, predecessor […]

  • 9 October 2017

    WorleyParsons has entered into a binding agreement to acquire Amec Foster Wheeler’s UK North Sea business. Describing the target company, WorleyParsons said that AFW UK has world-class Maintenance, Modifications and Operations (“MMO”) capabilities and is a leader in the Engineering & Construction, Operations and Maintenance and Hook-up services markets on the UK Continental Shelf. The […]

  • 15 April 2015

    Amec Foster Wheeler announces today that it has been awarded a contract by BP to provide operations, maintenance and project support for the Forties Pipeline System – which includes the Unity offshore platform and onshore pumping stations in Aberdeenshire and Perthshire – and the Central Area Transmission System terminal in Teesside, north-east England. The contract, […]

  • 7 April 2017
    Business & Finance

    Amec Foster Wheeler has been awarded a global framework contract by BP to provide engineering, procurement support and project management services for pre-FEED (front end engineering and design) and FEED work across a range of projects. The award will allow Amec Foster Wheeler to deliver large, complex and integrated projects for BP, the company informed […]