LONDON--(BUSINESS WIRE)--Amec Foster Wheeler announces today it has been awarded a five-year contract with U.S. Naval Facilities Engineering Command (NAVFAC) to clean up and restore Navy properties contaminated with low-level radioactive materials and industrial wastes. Many of the properties are on the Superfund National Priority List and are predominantly located in California.
The contract has an aggregate maximum value of US$240 million for the multiple awardees and is estimated to reach completion by 2022.
Winning this contract places Amec Foster Wheeler in a prime position for remediation work with the U.S. Navy. It recognises Amec Foster Wheeler as a leading company for innovative solutions involving investigation, remediation, and handling of radioactive materials. The company’s proprietary Orion ScanSortSM1 soil sorting technology and Orion ScanPlotSM2 mapping technology will be used to safely deliver cost-efficient results.
Amec Foster Wheeler has an established and leading position in radiological remediation and waste management. This contract comes on the back of Amec Foster Wheeler’s project wins and ongoing work for the U.S. Department of Energy, U.S. Army Corps of Engineers, Canadian Nuclear Laboratories, and other public and private-sector clients around the world.
Ann Massey, President of Amec Foster Wheeler’s Environment & Infrastructure business, said:
“Using our proven expertise and experience in radiological remediation, we will continue our 15-year history of support for the U.S. Navy’s environmental programs to deliver a first-class service. We use safe, efficient and highly innovative methods for the environmental remediation of radiological waste. We are proud to receive this commission from NAVFAC, which complements our ongoing work on similar radiological projects around the world and represents another example of our success in this area.”
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 35,000 people in more than 55 countries and with 2016 revenues of £5.4 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, power and process, 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.
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.
Publication on Website
A copy of this announcement will be made available on Amec Foster Wheeler’s website at www.amecfw.com by no later than 12 noon (London time) on the business day following publication of this announcement. For the avoidance of doubt, the contents of this website are not incorporated into and do not form part of this announcement.
1 ORION ScanSortSM is a portable, conveyor-based system for laboratory quality radiometric scanning and real-time segregation of radioactive material. ScanSortSM offers significant benefits over traditional sorting methods, such as reducing waste volumes by up to 95%; scanning excavated materials precisely and accurately; and reduced manpower, transport and disposal costs.
2 ORION ScanPlotSM is a mobile system that performs surface and shallow-depth radiological examination and characterisation of open land. It provides instant output in a customisable GIS report format and delivers spatially precise maps with plotted locations of detected radioactivity, including concentrations of each radioactive isotope detected and measured. It delivers fast, accurate all-weather scanning of up to 20 acres per day, over difficult terrains.