{{redirect|AMEC|Amex|American Express|other uses}} {{short description|British engineering company}} {{Use British English|date=April 2026}} {{Use dmy dates|date=February 2020}} {{Infobox company | name = Amec Foster Wheeler plc | image = AMEC Foster Wheeler, Portland, Maine.jpg | image_caption = AMEC Foster Wheeler building in Portland, Maine, USA | logo = Amec_Foster_Wheeler_logo.svg | logo_size = 150 | type = Public | traded_as = {{ubl|{{LSE was|AMFW}}|{{NYSE was|AMFW}}}} | fate = Acquired by Wood Group | foundation = {{start date and age|2014}} (by merger of AMEC plc and Foster Wheeler AG) | defunct = {{end date|df=yes|2017|10|09}} | location = London, United Kingdom | area_served = {{hlist|Europe|North America}} | key_people = {{ubl|John Connolly (chairman)|Jonathan Lewis (CEO)}} | industry = Engineering and project management | products = | revenue = £5,440 million (2016) | operating_income = £300 million (2016) | net_income = £-514 million (2016) | num_employees = 36,000 (2017) }}
'''Amec Foster Wheeler plc''' was a British multinational consultancy, engineering and project management company headquartered in London, United Kingdom. In October 2017, it was acquired by Wood Group.<ref name="PR Newswire">{{Cite press release | url=https://www.prnewswire.com/news-releases/wood-group-completes-acquisition-of-amec-foster-wheeler-300533093.html | title=Wood Group completes acquisition of Amec Foster Wheeler | publisher=PR Newswire | date=9 October 2017}}</ref><ref>{{Cite news | url=https://www.bizjournals.com/houston/news/2017/10/11/wood-group-completes-amec-foster-wheeler.html | title=Wood Group completes Amec Foster Wheeler acquisition, launches new brand, plans office closures | first=Olivia | last=Pulsinelli | work=American City Business Journals | date=11 October 2017}}</ref>
It was focused on the Oil, Gas & Chemicals, Mining, Power & Process and Environment & Infrastructure markets, with offices in over 55 countries worldwide. Roughly a third of its turnover came from Europe, half from North America and 12% from the rest of the world.
Amec Foster Wheeler shares were publicly traded on the London Stock Exchange and its American Depositary Shares were traded on the New York Stock Exchange.<ref>{{Cite web |title=Foreign Corrupt Practices Act: Investigations Dataset |url=https://fcpa.stanford.edu/investigation.html?id=368 |access-date=2023-09-25 |website=fcpa.stanford.edu}}</ref>
==History== Amalgamated Mechanical Engineering and Construction (AMEC) was formed from the 1982 amalgamation of Leonard Fairclough & Son (founded 1883) and the William Press Group (founded 1913). During 1988, AMEC went on to acquire Matthew Hall Group.<ref>{{cite web |url = http://www.actuaries.org.uk/files/pdf/library/TFA-041/0542-0553.pdf |title = Notes on Financial Times Actuaries Index 1988 |archive-url=https://web.archive.org/web/20080227193731/http://www.actuaries.org.uk/files/pdf/library/TFA-041/0542-0553.pdf |archive-date=27 February 2008 }}</ref><ref>{{cite web |url = https://www.constructionnews.co.uk/sections/news/14may92-uk-amec-scraps-names-of-press-offshore-and-matthew-hall-in-favour-of-its-own-corporate-image-14-05-1992/ |title = AMEC scraps names of Press Offshore and Matthew Hall in favour of its own corporate image |website = Construction News |date = 14 May 1992}}</ref>
During the mid 1990s, the Norwegian engineering company Kvaerner negotiated with AMEC's board towards a potential acquisition of the latter; after talks broke down, the firm resorted to a hostile takeover bid.<ref>{{cite web |url = https://www.heraldscotland.com/news/12061950.kvaerner-acquires-12-stake-in-amec/ |title = Kvaerner acquires 12% stake in Amec |date = 24 November 1995 |work = Herald and Times}}</ref><ref>{{cite web |url = https://www.independent.co.uk/news/business/kvaerner-launches-amec-bid-1584091.html |title = Kvaerner launches Amec bid |work = The Independent |first = Russell |last = Hotten |date = 28 November 1995}}</ref> Kvaerner quickly purchased a 26% stake in the firm and presented AMEC's other shareholders with a single offer of £361 million for the outstanding shares.<ref>{{cite web |url = https://www.constructionnews.co.uk/sections/news/kvaerner-holds-on-to-amec-stake-15-02-1996/ |title = Kvaerner holds on to Amec stake |website = constructionnews.co.uk |date = 15 February 1996}}</ref><ref>{{cite web |url = https://www.heraldscotland.com/news/12061903.engineer-rejects-100p-a-share-bid-before-having-its-own-offer-turned-down-by-mcalpine-amec-rebuffs-kvaerner-move/ |title = Engineer rejects 100p-a-share bid before having its own offer turned down by McAlpine. Amec rebuffs Kvaerner move |date = 28 November 1995 |work = Herald and Times}}</ref> Around the same timeframe, AMEC made its own bid to merge with rival British construction firm Alfred McAlpine; however, the latter's board voted against the move.<ref>{{cite web |url = https://www.independent.co.uk/news/business/amec-to-seek-new-talks-1526692.html |title = Amec to seek new talks |work = The Independent |first = Russell |last = Hotten |date = 20 December 1995 }}</ref><ref>{{cite web |url = https://www.constructionnews.co.uk/sections/news/defence-as-a-form-of-attack-14-12-1995/ |title = Defence as a form of attack |website = constructionnews.co.uk |date = 14 December 1995}}</ref>
In 1996, AMEC took a 40% stake in Spie Batignolles from Schneider in association with a management buyout.<ref>{{citation |url=https://www.independent.co.uk/news/business/amec-firmly-in-europe-with-pounds-40m-spie-buy-1315535.html |archive-url=https://web.archive.org/web/20121111182258/http://www.independent.co.uk/news/business/amec-firmly-in-europe-with-pounds-40m-spie-buy-1315535.html |archive-date=11 November 2012 |url-access=limited |url-status=live |title = Amec firmly in Europe with pounds 40m Spie buy |first=Michael |last=Harrison |date=21 December 1996 |work = The Independent |location=London, UK}}</ref> Amec launched the AMEC SPIE brand for engineering services in Europe,<ref>{{citation |url = http://www.amec.com/page.aspx?pointerid=f6bea91b1fd34c2bb1d88aec01eef81e |title = AMEC SPIE Brand Launched Across Continental Europe |date =1 July 2003 |work = amec.com |publisher = AMEC}}</ref> a rail construction business AMEC Spie Rail was created, and the remaining construction business was retained as Spie Batignolles.<ref name="fu2">{{citation |url = http://www.fundinguniverse.com/company-histories/Amec-Spie-SA-Company-History.html |title = International Directory of Company Histories |volume =57 |publisher = St. James Press |year = 2004 |pages = 28–31 |editor-first = Jay P. |editor-last = Pederson |work = fundinguniverse.com}} ([https://books.google.com/books?id=0lskAQAAMAAJ Google books])</ref> 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;<ref name="fu2"/><ref>{{citation |url=http://business.scotsman.com/business/Amec-in-talks-over-Spie.2428841.jp |title = Amec in talks over Spie Batignolles sale |date=20 May 2003 |work = business.scotsman.com |publisher = The Scotsman}}</ref> the management buyout of the construction arm of Spie was completed in September 2003 with the aid of Barclays Private Equity Finance,<ref name=history>{{cite web |url=http://www.spiebatignolles.fr/groupe/groupe_historique.aspx |title = Spie Batignolles: History |language =fr |archive-url = https://web.archive.org/web/20090222084833/http://www.spiebatignolles.fr/groupe/groupe_historique.aspx |archive-date = 22 February 2009 |work = spiebatignolles.fr}}</ref> and later that year Amec took full control of the remaining parts of Spie.<ref>{{citation |url=http://www.amec.com/page.aspx?pointerid=7543e20456f446a8a785593c2bb1799a |title = Exercise of Option To Acquire Outstanding Shares in Spie And Trading Update |date = 5 December 2002 |work = amec.com |publisher = AMEC}}</ref>
The company continued making numerous acquisitions during the new millennium. These included Ogden Environmental & Energy Services<ref>{{Cite news |work=Phoenix Business Journal |url=http://www.bizjournals.com/phoenix/stories/2000/10/30/daily10.html |title=Amec buys Ogden Corp subsidiary |publisher=Bizjournals.com |date= 30 October 2000 |access-date=18 April 2011}}</ref> and AGRA Monenco Inc., a North American engineering and services company, both in 2000<ref>{{cite web |url = http://www.amec.com/about/aboutwide.asp?pageid=24 |publisher = AMEC |title = History – 2000 acquisition of AGRA |archive-url=https://web.archive.org/web/20080303005434/http://www.amec.com/about/aboutwide.asp?pageid=24 |archive-date=3 March 2008 }}</ref> as well as the US operations and equipment of Lauren Kamtech in 2003.<ref>{{Cite web |url=http://www.amec.com/page.aspx?pointerid=b66fe8140f2f4ff4845345fcd3a415e3 |title=AMEC acquires Lauren Kamtech's U.S. operations to enhance project delivery in North America |publisher=Amec.com |date=2 October 2003 |access-date=18 April 2011}}</ref> Then, in 2004, AMEC, as part of a joint venture with Fluor Corporation, was awarded a multi-year contract to assist in the reconstruction of Iraqi infrastructure following the 2003 invasion of Iraq;<ref>{{Cite news |first=Terry |last=Macalister |url=https://www.theguardian.com/Iraq/Story/0,,1177375,00.html |title=Amec deal saves Government blushes in Iraq |work=The Guardian |location=UK |date= 25 March 2004 |access-date=18 April 2011}}</ref><ref>{{cite web |url = https://www.power-eng.com/news/amec-wins-leading-role-in-rebuilding-iraq/#gref |title = AMEC wins leading role in rebuilding Iraq |website = power-eng.com |date = 24 February 2004}}</ref> while lucrative in the long run, the arrangement initially yielded little profit as well as being a slow revenue stream.<ref>{{cite web |url = https://www.constructionnews.co.uk/sections/news/amec-profit-from-iraq-negligible-09-09-2004/ |title = Amec profit from Iraq 'negligible' |website = constructionnews.co.uk |date = 9 September 2004}}</ref><ref>{{cite web |url = https://www.constructionnews.co.uk/sections/news/amecs-debt-reduction-is-hit-by-slow-iraq-payments-08-09-2005/ |title = Amec's debt reduction is hit by slow Iraq payments |website = constructionnews.co.uk |date = 8 September 2005}}</ref> AMEC continued to be involved in Iraq into the late 2010s.<ref>{{cite web |url = https://www.standard.co.uk/hp/front/amec-dives-on-fears-over-iraq-6942107.html |title = AMEC dives on fears over Iraq |website = .standard.co.uk |date = 13 April 2012}}</ref><ref>{{cite web |url = https://www.hartenergy.com/news/amec-foster-wheeler-wins-bp-iraq-contract-109945 |title = Amec Foster Wheeler Wins BP Iraq Contract |website = hartenergy.com |date = 20 June 2016}}</ref>
In 2005 AMEC acquired Houston-based oil and gas engineering services company Paragon Engineering Services, Inc., and formed AMEC Paragon, Inc., to operate as part of AMEC's global oil and gas business.<ref>{{cite web |title=AMEC acquires Paragon |url=https://www.hartenergy.com/news/amec-acquires-paragon-52533 |publisher=Hart Energy |access-date=5 March 2025}}</ref> Also during 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.<ref>{{cite web |date=June 2005 |title=Amec offers to buy NNC Holdings |url=http://www.the-eic.com/News/Archive/2005/Jun/Article595.htm |archive-url=https://archive.today/20060322143314/http://www.the-eic.com/News/Archive/2005/Jun/Article595.htm |archive-date=2006-03-22 |website=the-eic.com}}</ref> The European engineering business, AMEC SPIE, was sold to PAI Partners for €1,040 million in 2006<ref>{{citation |url = http://www.amec.com/page.aspx?pointerid=601ada60aafe46249bd1b9ed53588781 |title = Disposal of AMEC SPIE |date =27 July 2006 |work = amec.com |publisher = AMEC}}</ref><ref>{{citation |url = https://www.telegraph.co.uk/finance/2926821/Amec-sells-off-Spie-and-considers-splitting-remaining-group.html |title = Amec sells off Spie and considers splitting remaining group |first = Caroline |last = Muspratt |date = 24 November 2005 |work = The Telegraph |location=London, UK}}</ref><ref>{{citation |url = http://www.amec.com/page.aspx?pointerid=b93f148eaf234f5aa00ec22d52280aee |title = AGM TRADING STATEMENT Proposed sale of AMEC SPIE and overall trading on track |date = 17 May 2006 |work = amec.com |publisher = AMEC}}</ref> and the European rail business joint venture Amec Spie Rail systems was sold for an estimated £200million in 2007, to Colas Group.<ref>{{citation |url = http://www.ianfraser.org/amec-sells-half-of-specialist-rail-arm-to-french-company/ |title=Amec sells half of specialist rail arm to French company |first = Ian |last = Fraser |work = ianfraser.org |date = 25 February 2007}}</ref><ref>{{citation |url=http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article1405182.ece |archive-url=https://web.archive.org/web/20070221145631/http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article1405182.ece |url-status=dead |archive-date=21 February 2007 |title = Amec sells out of rail business |first = Steve |last = Hawkes |date = 19 February 2007 |work = The Times |location=London, UK}}</ref><ref>{{citation |url=http://uk.reuters.com/article/uk-amec-colas-idUKL1919259820070219 |archive-url=https://web.archive.org/web/20160112215536/http://uk.reuters.com/article/uk-amec-colas-idUKL1919259820070219 |url-status=dead |archive-date=12 January 2016 |title = AMEC to sell stake in rail firm |date = 19 February 2007 |publisher = Reuters |work = uk.reuters.com}}</ref>
In 2007, AMEC purchased UK environmental consultancy Applied Environmental Research Centre (AERC),<ref>{{Cite web |last1=Goldie |first1=Anna |title=Amec buys Applied Environmental Research Centre |url=https://www.building.co.uk/news/amec-buys-applied-environmental-research-centre/3084432.article |access-date=19 November 2021 |website=Building |language=en}}</ref> providers of environmental science, planning engineering and monitoring services, and sold its UK construction arm to Morgan Sindall.<ref>{{cite news |url=https://www.building.co.uk/news/morgan-sindall-buys-amecs-ailing-construction-business/3088392.article |title=Morgan Sindall buys Amec's ailing construction business |work=Building |date=4 June 2007}}</ref><ref>{{cite web |url = https://www.theconstructionindex.co.uk/news/view/amec-inheritance-drives-morgan-sindall-into-the-red |title = Amec inheritance drives Morgan Sindall into the red |date = 23 February 2016}}</ref> During 2008, it sold its internal plant hire division to Speedy Hire<ref>{{Cite news |last=Goodman |first=Eleanor |url=https://www.building.co.uk/news/speedy-hire-buys-amec-equipment-hire-arm/3103297.article |title=Speedy Hire buys Amec equipment hire arm |work=Building |date=9 January 2008}}</ref> before buying project services company Rider Hunt International,<ref>{{cite web |url = http://www.amec.com/news/mediareleasedetails.asp?Pageid=876&MediaID=1277 |title = AMEC acquires leading project services company Rider Hunt International |archive-url=https://web.archive.org/web/20130219000753/http://www.amec.com/news/mediareleasedetails.asp?Pageid=876&MediaID=1277 |archive-date=19 February 2013 }}</ref> North American environmental consulting firm Geomatrix Consultants, Inc., and Slovakian nuclear services company AllDeco.<ref>{{cite web |url=https://www.constructionnews.co.uk/archive/amec-buys-nuclear-firm-for-11-1m-22-07-2008/ |title=Amec buys nuclear firm for £11.1m |publisher=Construction News |date=22 July 2008 |access-date=24 February 2013}}</ref> In 2009, AMEC acquired Performance Improvement Group, Journeaux, Bedard & Associates and GRD Limited<ref>{{cite web |url = http://www.builderandengineer.co.uk/news/general/amec-buys-grd-4132.html |title = Amec buys GRD |publisher = Builder & Engineer}}</ref> and in 2010, it continued to expand with the £61.2 m purchase of Entec UK, one of the UK's largest Environmental Consultancies.<ref>{{cite web |url = http://www.planningresource.co.uk/news/ByDiscipline/Business/993943/Amec-moves-buy-Entec/ |title = Amec moves to buy Entec |publisher = Planning Resource |date = 2 April 2010}}</ref> GRD Ltd. was a Perth-based company incorporating three companies Global Renewables, GRD Minproc, and Kirfield.<ref>{{cite web |url = http://www.grd.com.au/about-us/history |title = About us: History |website = grd.com.au |archive-url=https://web.archive.org/web/20090914081855/http://www.grd.com.au/about-us/history |archive-date=14 September 2009}}</ref>
During 2011, the company acquired US-based BCI Engineers & Scientists, Inc.,<ref>{{cite news |url=https://www.bizjournals.com/tampabay/news/2011/02/02/bci-engineers-and-scientists-acquired.html |title=BCI Engineers and Scientists acquired by AMEC |work=American City Business Journals |date=2 February 2011}}</ref> MACTEC, a US-based engineering consultancy company,<ref>{{cite news |url=https://www.rttnews.com/1639219/amec-closes-mactec-acquisition-quick-facts.aspx |title=AMEC Closes MACTEC Acquisition - Quick Facts |work=RTTNews |date=6 June 2011}}</ref> and Zektin Group, an Australian-based specialist engineering consultancy for the oil and gas and resources industries.<ref>{{cite news |url=https://www.hartenergy.com/news/amec-buys-australian-engineering-firm-zektin-group-us484mm-44486 |title=AMEC Buys Australian Engineering Firm Zektin Group For US$48.4MM |work=Hart Energy |date=4 March 2011}}</ref> AMEC also purchased Australian-based businesses Currie and Brown (Australia)<ref>{{Cite web |last=Harris |first=James |url=http://www.mandadeals.co.uk/m-and-a-news/1145348/amec-buys-currie-and-brown.thtml |title=AMEC buys Currie & Brown |publisher=Mandadeals.co.uk |access-date=18 April 2011 |archive-url=https://web.archive.org/web/20111005204342/http://www.mandadeals.co.uk/m-and-a-news/1145348/amec-buys-currie-and-brown.thtml |archive-date=5 October 2011 |url-status=dead }}</ref> and BurmanGriffiths; furthermore, it acquired a majority stake in S2V Consulting.<ref>{{Cite web |url=http://realtimetraders.com/ArticleView.aspx?Id=1499265 |archive-url=https://web.archive.org/web/20110715194232/http://realtimetraders.com/ArticleView.aspx?Id=1499265 |url-status=dead |archive-date=15 July 2011 |title=AMEC Purchases Majority Shareholding in S2V Consulting |publisher=Realtimetraders.com |access-date=18 April 2011 }}</ref>
In January 2014, AMEC provisionally agreed a £1.9bn takeover of its Swiss-based rival Foster Wheeler.<ref>{{cite news |url=https://www.bbc.com/news/business-25711210 |title=Amec offers £1.9bn to buy Swiss rival Foster Wheeler |work=BBC News |date=13 January 2014}}</ref><ref>{{cite news |url = https://www.constructionweekonline.com/business/article-26560-amec-ties-up-33bn-foster-wheeler-deal |title = AMEC ties up $3.3bn Foster Wheeler deal |newspaper = Construction Week Online |date = 13 February 2014}}</ref> AMEC completed its purchase of Foster Wheeler on 13 November 2014, marking the move by changed its name to ''AMEC Foster Wheeler''.<ref>{{cite news |url=https://www.bizjournals.com/houston/news/2014/11/13/energy-engineering-giants-merge-will-base-americas.html |title=Energy engineering giants merge, will base Americas unit in Houston |first=Olivia |last=Pulsinelli |work=American City Business Journals |date=13 November 2014}}</ref><ref>{{cite web |url = https://www.theguardian.com/business/marketforceslive/2014/nov/04/amec-slides-as-us-target-foster-wheeler-disappoints |title = Amec slides as US target Foster Wheeler disappoints |work = The Guardian |first = Nick |last = Fletcher |date = 4 November 2014}}</ref>
During the summer of 2015, the company announced that it was responding to a decline in oil prices by reorientation towards brownfield sites and activities outside of the US.<ref>{{cite news |url=https://www.bizjournals.com/houston/blog/drilling-down/2015/06/houston-energy-engineering-firm-changes-focus-to.html |title=Houston energy engineering firm changes focus to cope with oil slump |first=Suzanne |last=Edwards |work=American City Business Journals |date=24 June 2015}}</ref> In November of that year, it announced the raising of its cost cutting target to $180m by 2017 along with the reduction of its final dividend by a half compared to the previous year.<ref>{{cite web |url = https://www.theguardian.com/business/marketforceslive/2015/nov/05/amec-foster-drops-by-a-fifth-after-slashing-dividend-amid-tough-markets |title = Amec Foster drops by a fifth after slashing dividend amid tough markets |work = The Guardian |first = Nick |last = Fletcher |date = 5 November 2015}}</ref> The large debts that had been incurred during Amec's acquisition of Foster Wheeler could not reasonably be serviced when the oil and gas sectors, key clients of Amec Foster Wheeler, reduced their spending as a reaction to a global downturn in revenues.<ref>{{cite news |last1=Thomas |first1=Nathalie |last2=Ward |first2=Andrew |last3=Massoudi |first3=Arash |title=Wood Group offer comes just in time for Amec Foster Wheeler |url=https://www.ft.com/content/1cbb40f8-07f4-11e7-97d1-5e720a26771b |work=Financial Times |date=13 March 2017}}</ref> The resultant financial difficulties led to the company's chief executive Samir Brikho stepping down in January 2016.<ref>{{cite web |last1=Bow |first1=Michael |title=Amec Foster Wheeler chief Samir Brikho exits as board loses faith |url=https://www.independent.co.uk/news/business/news/amec-foster-wheeler-chief-ian-mchoul-exits-as-board-loses-faith-a6820386.html |archive-url=https://web.archive.org/web/20160122024706/http://www.independent.co.uk/news/business/news/amec-foster-wheeler-chief-ian-mchoul-exits-as-board-loses-faith-a6820386.html |archive-date=22 January 2016 |url-access=limited |url-status=live |website=The Independent |date=19 January 2016}}</ref><ref>{{cite web |last1=Lea |first1=Robert |title=Chief who shot himself in the foot |url=https://www.thetimes.com/business-money/article/chief-who-shot-himself-in-the-foot-96mddjns2 |work=The Times |date=13 March 2017}}</ref>
In March 2017, Wood Group announced it would acquire the company for £2.2 billion.<ref>{{cite news |url=https://www.bbc.com/news/business-39253416 |title=Wood Group agrees takeover of rival Amec Foster Wheeler |work=BBC News |date=13 March 2017}}</ref><ref>{{cite web |url = https://news.sky.com/story/amec-bought-by-firm-it-once-looked-at-buying-10800641 |title = Amec bought by firm 'it once looked at buying' |first = Ian |last = King |website = news.sky.com |date = 13 March 2017}}</ref> On 9 October 2017, following approval from the Competition and Markets Authority,<ref>{{cite web |url = https://www.gov.uk/cma-cases/john-wood-group-amec-foster-wheeler-merger-inquiry#:~:text=The%20CMA%20investigated%20the%20anticipated,of%20Amec%20Foster%20Wheeler%20plc. |title = John Wood Group / Amec Foster Wheeler merger inquiry |publisher = Competition and Markets Authority |date = 11 May 2017}}</ref> the transaction was completed.<ref name="PR Newswire"/><ref>{{cite web |url=http://www.cityam.com/273549/wood-group-completes-gbp22bn-takeover-amec-foster-wheeler |title=Wood Group completes £2.2bn takeover of Amec Foster Wheeler |publisher=City AM |date=9 October 2017 |access-date=9 October 2017 |archive-url=https://web.archive.org/web/20171009235319/http://www.cityam.com/273549/wood-group-completes-gbp22bn-takeover-amec-foster-wheeler |archive-date=9 October 2017 |url-status=dead}}</ref> In the months following the transaction, John Wood Group opted to sell off some of the recently acquired portions of Amec Foster Wheeler, including its North Sea oil & gas interests and its North American nuclear operation.<ref>{{cite web |url = https://environment-analyst.com/global/60972/wood-divests-amec-fws-north-american-nuclear-business |title = Wood divests Amec FW's North American nuclear business |website = environment-analyst.com |date = 9 November 2017 }}</ref><ref>{{cite web |url = https://www.telegraph.co.uk/business/2018/03/20/wood-group-vows-worst-behind-us-costly-takeover/ |title = Wood Group vows 'worst is behind us' after costly takeover |work = The Telegraph |first = Jillian |last = Ambrose |date = 20 March 2018}}</ref> Other moves included a rebranding exercise and several office closures.<ref>{{cite news |url=https://www.bizjournals.com/houston/news/2017/10/11/wood-group-completes-amec-foster-wheeler.html |title=Wood Group completes Amec Foster Wheeler acquisition, launches new brand, plans office closures |first=Olivia |last=Pulsinelli |work=American City Business Journals |date=11 October 2017}}</ref>
==Operations== thumb|Head office of Amec Foster Wheeler in London (on the right) Amec Foster Wheeler employed over 40,000 people in more than 55 countries. The company had three geographic business units covering engineering and project delivery operations—Americas; Northern Europe & Commonwealth of Independent States; Asia, Middle East, Africa & Southern Europe—and one power equipment business unit operating worldwide - The Global Power Group.<ref>{{cite web |url=http://www.amecfw.com/media/news-releases/2014/amec-foster-wheeler-a-new-force-in-global-engineering-project-delivery-asset-support-power-equipment-and-consultancy |title=Amec Foster Wheeler |work=amecfw.com |access-date=5 March 2015}}</ref>
AMEC's operations were structured until October 2012 into ''Natural Resources'', ''Power & Process'' and ''Environment & Infrastructure''.<ref>{{cite web |url = http://www.amec.com/uploadfiles/RNS_ANNOUNCEMENT_FINAL07.pdf |title = Amec Preliminary Results 2007 |archive-url=https://web.archive.org/web/20080911230201/http://www.amec.com/uploadfiles/RNS_ANNOUNCEMENT_FINAL07.pdf |archive-date=11 September 2008 }}</ref>
AMEC's UK construction business was sold in 2007.<ref>{{cite web |last1=Seawright |first1=Stephen |title=Amec quits construction |url=https://www.telegraph.co.uk/finance/2952309/Amec-quits-construction.html |website=The Telegraph |publisher=Telegraph Media Group Limited |access-date=26 November 2018 |date=13 December 2006}}</ref><ref>{{cite web |last1=King |first1=Ian |title=Amec bought by firm 'it once looked at buying' |url=https://news.sky.com/story/amec-bought-by-firm-it-once-looked-at-buying-10800641 |website=Sky News |publisher=Sky UK |access-date=26 November 2018 |date=13 March 2017}}</ref> Amongst its notable projects were: the Kielder Dam completed in 1982,<ref>{{Cite web|url=http://sine.ncl.ac.uk/view_structure_information.asp?struct_id=3544 |title=Structure information |publisher=Sine.ncl.ac.uk |date=26 March 2004 |access-date=18 April 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110613015527/http://sine.ncl.ac.uk/view_structure_information.asp?struct_id=3544 |archive-date=13 June 2011 }}</ref> the Cumberland Infirmary completed in 2001,<ref>{{Cite web |url=http://www.visitcumbria.com/hospitals.htm |title=Visit Cumbria |publisher=Visit Cumbria |access-date=18 April 2011 |archive-url= https://web.archive.org/web/20110521080830/http://visitcumbria.com/hospitals.htm |archive-date= 21 May 2011 | url-status= live}}</ref> the M6 Toll completed in 2003,<ref>{{Cite web |url=http://www.iht.org/motorway/m6toll.htm |title=Motorway Archive |publisher=Iht.org |access-date=18 April 2011 |archive-url=https://web.archive.org/web/20090623074741/http://www.iht.org/motorway/m6toll.htm |archive-date=23 June 2009 |url-status=dead }}</ref> new offices for HM Revenue and Customs at Longbenton completed in 2005,<ref>{{cite web |url = http://www.amec.com/sectors/sectors_2ndlevel.asp?PageID=253 |publisher = Amec |title = Public & Private buildings |archive-url=https://web.archive.org/web/20061016171540/http://www.amec.com/sectors/sectors_2ndlevel.asp?PageID=253 |archive-date=16 October 2006 }}</ref> the Docklands Light Railway City Airport extension completed in 2005,<ref>{{Cite web |url=http://www.londoncityairport.com/index.php?mode=news&action=showStory&sId=936 |title=Docklands Light Railway – London City Airport extension now open |publisher=Londoncityairport.com |date=6 December 2005 |access-date=18 April 2011 |archive-url=https://web.archive.org/web/20061018121656/http://www.londoncityairport.com/index.php?mode=news&action=showStory&sId=936 |archive-date=18 October 2006 |url-status=dead }}</ref> the University College London Hospital completed in 2005<ref>{{cite web |url = http://www.uclh.nhs.uk/News/2002/May/ |title = University College London Hospital wins award |website = uclh.nhs.uk |archive-url=https://web.archive.org/web/20070124033221/http://www.uclh.nhs.uk/News/2002/May/ |archive-date=24 January 2007 }}</ref> and the New York Times Building completed in 2007.<ref>{{Cite web |url=https://www.osha.gov/pls/oshaweb/owadisp.show_document?p_table=NEWS_RELEASES&p_id=11682 |title=New York Times Project added to National OSHA Partnership with AMEC Americas |publisher=Osha.gov |date=9 November 2005 |access-date=18 April 2011 |archive-url=https://web.archive.org/web/20111018070530/http://osha.gov/pls/oshaweb/owadisp.show_document?p_table=NEWS_RELEASES&p_id=11682 |archive-date=18 October 2011 |url-status=dead }}</ref>
===Charity=== Amec Foster Wheeler supported children's charity SOS Children's Villages from 2007, funding educational projects in Asia. Amec Foster Wheeler also funded a green project in the Children's Village in Gwagwalada, Nigeria, enabling houses to become self-sufficient following the installation of solar power and water infrastructure.<ref>{{Cite web |url=http://www.soschildrensvillages.org.uk/get-involved/corporate-partnership/our-corporate-partners/amec-foster-wheeler |title=Amec Foster Wheeler Partnership with SOS Children |access-date=10 July 2015 |archive-url=https://web.archive.org/web/20150711023557/http://www.soschildrensvillages.org.uk/get-involved/corporate-partnership/our-corporate-partners/amec-foster-wheeler |archive-date=11 July 2015 |url-status=dead }}</ref>
== Corruption == On 1 July 2021, the Serious Fraud Office (SFO) entered into a Deferred Prosecution Agreement (DPA) with Amec Foster Wheeler Limited (AFWEL) relating to the use of corrupt agents in the oil and gas sector. The DPA, was approved by Lord Justice Edis, sitting at the Royal Courts of Justice. Under the terms of the DPA, AFWEL paid a financial penalty and costs amounting to £103m in the UK, which formed part of the US$177 million global settlement with UK, US and Brazilian authorities. The amounts paid by AFWEL in the UK include payment of the SFO’s costs of £3.4 million and payment of compensation to the people of Nigeria of £210,610.<ref>{{Cite web |title = SFO enters into £103m DPA with Amec Foster Wheeler Energy Limited |url = https://www.sfo.gov.uk/2021/07/02/sfo-enters-into-103m-dpa-with-amec-foster-wheeler-energy-limited-as-part-of-global-resolution-with-us-and-brazilian-authorities/ |publisher = Serious Fraud Office |date = 2 July 2021}}</ref><ref>{{cite web |url = https://www.gov.uk/government/publications/mou-between-uk-and-nigeria-in-relation-to-a-compensation-payment-of-210610/mou-between-the-uk-and-nigeria-concerning-the-application-of-the-compensation-amount-derived-from-the-deferred-prosecution-agreement-between-the-serio |title = Policy paper: MOU between the UK and Nigeria concerning the application of the compensation amount derived from the deferred prosecution agreement between the Serious Fraud Office and AMEC Foster Wheeler Energy Limited (accessible version) |website = gov.uk |date = 21 February 2022}}</ref>
== References == {{Reflist}}
==External links== * {{Official URL}} * {{OpenCorp|AMEC}}
{{Energy in the United Kingdom|companies}} {{Authority Control}}
Category:2014 establishments in the United Kingdom Category:2017 disestablishments in England Category:2017 mergers and acquisitions Category:Companies formerly listed on the London Stock Exchange Category:Companies formerly listed on the New York Stock Exchange Category:Consulting firms established in 1982