Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAMFW.L Share News (AMFW)

  • There is currently no data for AMFW

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Amec Foster Wheeler Gets Extension To Abu Dhabi Field Contract

Tue, 18th Aug 2015 06:16

LONDON (Alliance News) - Engineering services company Amec Foster Wheeler PLC on Tuesday said it has won an extension on its project management consultancy contract for the UZ750 project in the Upper Zakum field in Abu Dhabi.

No financial details on the contract were disclosed.

The FTSE 250-listed company said the contract has been awarded by the Zakum Development Co, which operates the oil field in a joint venture involving Abu Dhabi National Oil Co, US major ExxonMobil Inc and the Japan Oil Development Co Ltd.

The UZ750 project started in 2008 to redevelop the Upper Zakum field, which is the second largest oil field in the Gulf region, and Amec has been involved with the project since it started.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
22 Jan 2016 17:00

LONDON MARKET CLOSE: Oil Rebound, Draghi Comments Lift Global Stocks

Read more
22 Jan 2016 14:24

FTSE 250 movers: Petrofac, Acacia Mining, Virgin Money

(ShareCast News) - A second day of large gains saw West Texas Intermediate crude oil futures clock in with their biggest two-day advance since August 2015. According to Blacrock's chief, institutionals began wading into financial markets as far back as last Wednesday. Dovish remarks from the ECB's M

Read more
22 Jan 2016 12:12

LONDON MARKET MIDDAY: Oil Bounce, ECB Stimulus Hopes Drive Stock Rally

Read more
22 Jan 2016 08:39

LONDON MARKET OPEN: Commodity Stocks Push Higher As Oil Price Rebounds

Read more
21 Jan 2016 09:38

BROKER RATINGS SUMMARY: UBS Starts Coverage Of ITV With Sell Rating

Read more
20 Jan 2016 08:39

LONDON MARKET OPEN: Equities Fall As Oil Market Glut Seen Worsening

Read more
19 Jan 2016 09:35

BROKER RATINGS SUMMARY: UBS Upgrades Burberry To Buy From Neutral

Read more
18 Jan 2016 17:10

LONDON MARKET CLOSE: Iran Resumes Oil Exports And Sends Shares Lower

Read more
18 Jan 2016 15:25

FTSE 250 movers: Miners a drag on second tier

(ShareCast News) - The FTSE 250 continued to slide on Monday, dropping 188.52 points (1.17%) to 15,972.08 by mid-afternoon. Vedanta Resources led a bunch of miners featuring on the fallers list, after JP Morgan Cazenove re-evaluated its stance on the mining sector. In a note released on Monday, the

Read more
18 Jan 2016 12:08

CORRECT: LONDON MARKET MIDDAY: Oil Prices Bounce But Stocks Flatten

Read more
18 Jan 2016 12:01

LONDON MARKET MIDDAY: Oil Prices Bounce But Stocks Flatten

Read more
18 Jan 2016 10:17

WINNERS & LOSERS SUMMARY: Empyrean Energy Jumps On Sugarloaf Deal

Read more
18 Jan 2016 07:30

Amec Foster Wheeler CEO steps down

(ShareCast News) - Amec Foster Wheeler's chief executive Samir Brikho is stepping down from his role, the oil and gas engineer announced alongside a very brief trading update. Chief financial officer Ian McHoul has been appointed to the role of interim CEO with immediate effect and will chair the gr

Read more
18 Jan 2016 07:22

Amec Foster Wheeler CEO Steps Down, CFO Appointed On Interim Basis

Read more
14 Jan 2016 17:05

LONDON MARKET CLOSE: Late Oil Price Bounce Trims FTSE 100 Loss

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.