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:
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Amec Foster Wheeler (www.amecfw.com)
designs, delivers and maintains strategic and complex assets for
its customers across the global energy and related sectors.
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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.
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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.
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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.
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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.
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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.
Copyright Business Wire 2014