TIDMIRV
RNS Number : 0907O
Interserve PLC
16 August 2017
Media release
Interserve and Amec Foster Wheeler secure GBP160m
Sellafield framework
* OneAIM JV wins Operations Site Works contract
* Cost-efficient engineering support for reprocessing
plants and linked facilities at Cumbrian nuclear site
London, 16 August 2017 - OneAIM, a joint venture between Amec
Foster Wheeler and Interserve, has won a key framework contract to
support reprocessing plants and facilities at the Sellafield
nuclear site in Cumbria.
Operations Site Works, which is worth up to GBP160 million over
four years, covers engineering support services for asset care and
maintenance.
OneAIM's participation in the full project lifecycle is designed
to produce greater cost-efficiencies for Sellafield Limited, the
company responsible for reprocessing, decommissioning and nuclear
waste management.
Each of the OneAIM partners has extensive experience in the
nuclear sector. Amec Foster Wheeler's existing work at Sellafield
includes:
-- Lot 3 of the Decommissioning Delivery Partnership, a 10-year,
GBP125 million framework to support accelerated clean-up of the
site;
-- Membership of the Axiom alliance, which supplies design,
engineering, and safety case assessment services for projects and
tasks supporting accelerated hazard reduction;
-- Delivery, as part of a joint venture, of the Box
Encapsulation Plant, a GBP600 million project to tackle one of the
site's most hazardous legacy facilities;
-- A 10-year contract for laboratory-based analysis and
characterisation of waste.
Interserve has worked with Sellafield for 17 years, supporting
it during major projects such as the opening of the new Evaporator
D facility - a significant expansion to the capacity for processing
nuclear waste material on the 6km(2) site.
Guy Bruce, Managing Director - infrastructure and industrial, at
Interserve, said:
"Having worked in the nuclear sector for more than 65 years,
we're extremely well equipped to deal with the challenges that
operating in such an environment presents. Our team of experts
carry out their day-to-day responsibilities with the level of
precision and care required at a reprocessing plant, using their
skills and knowledge to manage customer projects in a safe and
efficient way.
"The nature of work at Sellafield also requires flexibility to
scale up activity to deliver complex multidisciplinary projects.
Our longstanding relationship with Sellafield has given us an
in-depth understanding of its unique needs, allowing us to work
with our partners Amec Foster Wheeler to tailor the service we
provide."
Clive White, President of Amec Foster Wheeler Clean Energy,
said:
"Winning the Operations Site Works framework reflects our
strategy to extend the range of services we provide to Sellafield
Limited.
"We welcome the opportunity of taking a greater role in the full
project lifecycle, focusing on delivering safe, efficient and
predictable outcomes and supporting Sellafield Limited in its
cost-efficiency objectives, while also having a positive social
impact on communities, skills and growth in Cumbria.
"The combination of Amec Foster Wheeler and Interserve creates a
highly capable vehicle that will work to bring international best
practice and value-driven solutions to the Sellafield mission."
ENDS
Photo caption: Sellafield's Thermal Oxide Reprocessing Plant
(Thorp)
Notes to editors:
Interserve (www.interserve.com) is Interserve is one of the
world's foremost support services and construction companies. Our
vision is to redefine the future for people and places. Everything
we do is shaped by our core values. We are a successful, growing,
international business: a leader in innovative and sustainable
outcomes for our clients and a great place to work for our people.
We offer advice, design, construction, equipment, facilities
management and frontline public services. Headquartered in the UK
and FTSE listed, we have gross revenues of GBP3.7 billion and a
workforce of circa 80,000 people worldwide.
For Interserve news follow: @interservenews
For facilities management updates follow: @INT_FM
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 GBP5.4 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, pharmaceutical, environment and
infrastructure markets.
The company's nuclear business stands out for its ability to
bring world-leading expertise, technology and scientific
capabilities to customers' challenges throughout the life-cycle
from new build and reactor operations to life extension and
decommissioning. With more than 3,000 nuclear specialists around
the world, we're able to support our customers with local
resources.
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.
OneAIM is a consolidated delivery vehicle for the OSW contract,
which replaces the Multi-Discipline Site Works and Site Wide Asset
Care frameworks. The joint venture will provide civil, mechanical
and electrical works and project delivery to support Sellafield's
operational assets and focus on safe, predictable and
cost-efficient delivery.
Sellafield Limited (www.sellafieldsites.com) is the company
responsible for safely delivering decommissioning, reprocessing and
nuclear waste management activities on behalf of the Nuclear
Decommissioning Authority. The Sellafield site in West Cumbria,
formerly home to the world's first commercial nuclear power
station, processes and stores waste from the UK's operational
reactors and from nuclear power plants overseas. Meanwhile, other
parts of the complex site are going through a decommissioning
process.
Forward-Looking Statements
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.
For further information contact:
Steve Brauner +44 (0)1565 684462
stephen.braune@amecfw.com
Achilleas Georgiou +44 (0)20 7429 7511
achilleas.georgiou@amecfw.com
Rhys Jones +44 (0)1189 60 2285
Group Head of PR, Interserve rhys.1.jones@interserve.com
Matthew Thomlinson +44 (0)203 219 8818
CNC matthew.Thomlinson@cnc-communications.com
Andrea Gordon +44(0)20 3267 1265
Head of PR, Interserve andrea.gordon@interserve.com
This announcement contains inside information
Legal identifier number: 549300MVYY4EZCRFHZ09
This information is provided by RNS
The company news service from the London Stock Exchange
END
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