Amec Foster Wheeler US Heat Recovery Steam Generator Contract Win
November 24 2014 - 7:30AM
Business Wire
Amec Foster Wheeler today announces that BHI Co., Ltd., a
licensee of its Global Power Group, has been awarded a contract by
a prominent US power producer to design and supply two Heat
Recovery Steam Generators (HRSGs) in the United States. The HRSGs
will be part of a large power plant expansion in the Northeast
region of the US.
Commercial operation of the units is scheduled for the second
quarter of 2017.
Amec Foster Wheeler will act as a subcontractor to BHI on this
project providing a liaison project manager, technical advisor
services, and warranty support. The HRSG design is based on an
updated frame 7 style gas turbine with a large supplemental duct
firing system. BHI offers HRSGs, pulverized coal (PC) boilers,
circulating fluidized bed (CFB) boilers and oil and gas boilers all
utilizing Foster Wheeler’s proven technology.
“Since 2005, we have been building a strong team with sound
technical knowledge to design, supply and execute reliable HRSGs,”
said David J. Parham, Senior Vice President, Amec Foster Wheeler
Global Power Group. “We are fully committed to supporting BHI
during project execution and seamlessly providing aftermarket
support for this project.”
Woo Jong-Ihn, President, BHI Co., Ltd added: “BHI is pleased to
be making an important contribution by supplying environmentally
friendly and cost-effective HRSGs to the US market. We are honoured
with this award -- our first in the US.”
Notes to editors:
1.
Amec Foster Wheeler
(www.amecfw.com) designs, delivers and maintains strategic and
complex assets for its customers across the global energy and
related sectors.
With pro-forma 2013 annualised scope revenues of £5.5
billion and over 40,000 employees in more than 50 countries, the
company operates across the whole of the oil and gas industry –
from production through to refining, processing and distribution of
derivative products – and in the mining, clean energy, power
generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler’s Global Engineering and Construction Group
designs and constructs leading-edge processing facilities for the
upstream oil and gas, LNG and gas-to-liquids, refining, chemicals
and petrochemicals, power, minerals and metals, environmental,
pharmaceuticals, biotechnology and healthcare industries. The
company’s Global Power Group is a world leader in combustion and
steam generation technology that designs, manufactures and erects
steam generating and auxiliary equipment for power stations and
industrial facilities and also provides a wide range of aftermarket
services. 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.
2.
BHI Co., Ltd. (www.BHI.co.kr) is engaged
in the engineering, production, erection and sale of heat
exchangers and boilers in South Korea and internationally. The
company was formerly known as Bumwoo Eng Co., Ltd. and changed its
name to BHI Co., Ltd. in March 2009. BHI Co., Ltd. was incorporated
in 1998 and is based in Haman-Gun, South Korea.
Forward-Looking Statements
This announcement contains statements which constitute
“forward-looking statements”. Forward-looking statements include
any statements related to the timing 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.
Amec Foster WheelerLauren Gallagher,
+1-602-757-3211lauren.gallagher@amecfw.comorFrank Stokes, +44
(0)7712 008356frank.stokes@amecfw.com
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