AMEC

Amec Foster Wheeler

Type	Public limited company
Traded as	:  : AMFW
Industry	Engineering and project management
Founded	2014 Amec Foster Wheeler 1982 AMEC plc 1927 Foster Wheeler AG 1848 Matthew Hall
Headquarters	London, United Kingdom
Key people	John Connolly (Chairman) Jonathan Lewis (CEO)
Revenue	£5,440 million (2016)
Operating income	£318 million (2016)
Number of employees	36,000 (2017)
Website	www.amecfw.com

Amec Foster Wheeler plc is a British multinational consultancy, engineering and project management company headquartered in London, United Kingdom. It is focused on the oil and gas, minerals and metals, clean energy, environment and infrastructure markets and has offices in over 55 countries worldwide. Roughly a third of its turnover comes from Europe, half from North America and 12% from the rest of the world.

Amec Foster Wheeler shares are publicly traded on the and its American Depositary Shares are traded on the . Both trade under the ticker AMFW. Amec Foster Wheeler is a constituent of the FTSE 250 Index.

AMEC was formed from the 1982 amalgamation of Leonard Fairclough & Son (founded 1883) and the William Press Group (founded 1913). In 1988, AMEC went on to acquire Matthew Hall Group. In 1996, AMEC took a 40% stake in Spie Batignolles from Schneider in association with a management buyout. Amec launched the AMEC SPIE brand for engineering services in Europe, a rail construction business AMEC Spie Rail was created, and the remaining construction business was retained as Spie Batignolles. The company announced that it would seek to sell the construction arm of the business Spie Batignolles, and entered negotiations to secure a management buyout of that division; the management buyout of the construction arm of Spie was completed in September 2003 with the aid of Barclays Private Equity Finance and later that year Amec took full control of the remaining parts of Spie.

Acquisitions in the new millennium included Ogden Environmental & Energy Services and AGRA Monenco Inc., a North American engineering and services company, both in 2000 as well as the U.S. operations and equipment of Lauren Kamtech in 2003. Then in 2004, AMEC was awarded a contract to assist in the reconstruction effort in Iraq, as part of a joint venture with Fluor Corp.

In 2005, AMEC acquired UK-based NNC, a large nuclear consulting company and its subsidiaries, including Ontario-based Nuclear Safety Solutions ('NSS'), the nuclear safety division of OPG, which was spun off when OPG was privatised. The European engineering business, AMEC SPIE, was sold to PAI Partners for €1,040 million in 2006 and the European rail business joint venture Amec Spie Rail systems was sold for an estimated £200million in 2007, to Colas Group.