Search results for: Foster Wheeler

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  • 7 April 2014
    Business & Finance

    Foster Wheeler AG has announced today that ENI S.p.A. has renewed for a further two years its existing framework agreement with a subsidiary of Foster Wheeler’s Global Engineering and Construction Group. Under this agreement, Foster Wheeler provides basic design and front-end engineering design for downstream, upstream, power and petrochemical projects world-wide undertaken by five ENI […]

  • 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 November 2014
    Business & Finance, Project & Tenders

    AMEC plc and its subsidiary AMEC International Investments BV, have announced today that the offer to purchase all of the issued and to be issued registered shares of Foster Wheeler AG has been successfully completed. The company says that all conditions to the offer have been satisfied. AMEC is making the necessary filings today to […]

  • 19 January 2012
    Project & Tenders

    Foster Wheeler AG said today that its India subsidiary, Foster Wheeler India Private Limited, part of its Global Engineering and Construction Group, has been awarded a contract for a new LNG receiving terminal to be built in Ennore, in the state of Tamil Nadu, India. The contract was awarded by India’s national oil company, Indian […]

  • 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.

  • 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 […]

  • 13 January 2014

    Amec of UK said on Monday it has provisionally agreed to take over LNG engineering company Foster Wheeler for $3.2 billion in cash and stock. “Foster Wheeler and AMEC have negotiated non-binding terms of a business combination pursuant to which AMEC would acquire each outstanding share of Foster Wheeler common stock for transaction consideration consisting […]

  • 13 November 2014

    AMEC said that the offer to purchase all of the issued and to be issued registered shares of Foster Wheeler has been successfully completed. AMEC is making the necessary filings to change its name to Amec Foster Wheeler, the company said in a statement. As disclosed in the offer documents, Amec intends to complete the […]

  • 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 […]

  • 20 December 2013

    Foster Wheeler announced that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by Saudi Aramco for the provision of engineering and project management services for the development of the Fadhili Gas Program in the Eastern Province of the Kingdom of Saudi Arabia. The Foster Wheeler value of the contracts was not […]

  • 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 […]

  • 7 April 2014
    Project & Tenders

    Foster Wheeler said that Eni has renewed for a further two years its existing framework agreement with a subsidiary of Foster Wheeler’s Global Engineering and Construction Group. Under this agreement, Foster Wheeler provides basic design and front-end engineering design for downstream, upstream, power and petrochemical projects world-wide undertaken by five Eni business units: Eni Refining […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 13 February 2014

    Foster Wheeler said that it has entered into a definitive agreement with AMEC pursuant to which AMEC will make an offer to acquire all the issued and to be issued share capital of the company. Under the terms of the offer, AMEC will offer to exchange for each outstanding share of Foster Wheeler common stock […]

  • 12 September 2017
    Business & Finance

    A merger between two UK oilfield services companies, Wood Group and Amec Foster Wheeler, is set to be complete next month as the UK’s competition watchdog, the Competition and Markets Authority (CMA), has accepted the duo’s proposals to resolve competition concerns regarding the merger.  The CMA began investigating the merger of the two companies in June 2017. […]

  • 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. 

  • 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 […]

  • 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 […]