| AMEC plc | |
|---|---|
 |
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| Type | Public company |
| Founded | 1982 |
| Headquarters | London, England, UK |
| Key people | Samir Brikho (CEO) |
| Industry | Engineering |
| Revenue | £2,356. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. England is a Country which is part of the United Kingdom. Its inhabitants account for more than 83% of the total UK population whilst its mainland The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located Summary Samir Brikho was appointed Chief Executive of AMEC plc as of October 1 2006 replacing former CEO Sir Peter Mason. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Engineering is the Discipline and Profession of applying technical and scientific Knowledge and In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency 2 million (2007) |
| Operating income | £126. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency 5 million (2007) |
| Net income | £344. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency 4 million (2007) |
| Employees | 22,000 (May 2008) |
| Website | www.amec.com |
AMEC plc (LSE: AMEC) is a British company, headquartered in London. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The London Stock Exchange or LSE is a Stock exchange located in London, England. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. It carries out high-value consultancy, engineering and project management services for the oil and gas, mining, power generation, nuclear, process, water and mining industries. It is a member of the FTSE 100 Index after being promoted on the 20 December 2007 when ICI went private. The FTSE 100 Index (ˈfʊtsiː footsie, abbreviated Financial Times Stock Exchange Index) is a Share index of the 100 most highly capitalised Events 69 - Vespasian, formerly a general under Nero, enters Rome to claim the title of Emperor. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Imperial Chemical Industries ( ICI) is a British chemical subsidiary of a Dutch conglomerate and one of the largest chemical producers
AMEC employs approximately 22,000 people in over 30 countries including Australia, Canada, Chile, China, Kuwait, Peru, Russia and the United States. For a topic outline on this subject see List of basic Australia topics. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Chile, officially the Republic of Chile ( Spanish:) is a country in South America occupying a long and narrow Coastal strip wedged between the China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National The State of Kuwait ( دولة الكويت IPA [dawlatt̪ alkuwajt̪]) is a sovereign Arab Emirate on the coast of the Persian Gulf, enclosed Peru (Perú Piruw Piruw officially the Republic of Peru ( reˈpuβlika del peˈɾu is a country in western South America. Russia (Россия Rossiya) or the Russian Federation ( Rossiyskaya Federatsiya) is a transcontinental Country extending The United States of America —commonly referred to as the
Speculation on the meaning of the name has led to many questions being posed to founding management. The widely understood meaning is A Managerial & Engineering Company, however this is not true, as the name is not an acronym, but is stand alone.
Contents |
History
AMEC was formed from the 1982 amalgamation of the Fairclough Group (founded 1883) and the William Press Group (founded 1913).
In 1988 AMEC went on to acquire Matthew Hall Group[1].
In 1996 AMEC bought a 46% stake in Spie Batignolles and later went on to exercise an option to buy the other 54%[2]. Spie Batignolles is a French construction company based in Cergy Saint-Christophe.
In 2000 AMEC bought Ogden Environmental & Energy Services[3] and AGRA, Inc. , a North American engineering and services company[4].
In 2004 AMEC was awarded a contract to assist in the rebuilding of Iraq, as part of a joint venture with Fluor Corp.[5]. For a topic outline on this subject see List of basic Iraq topics. Fluor Corporation is a publicly owned engineering procurement construction, and maintenance services organization
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[6]. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located Ontario (ɒnˈtɛrioʊ is a province located in the central part of Canada, the largest by population and second largest after Quebec Ontario Power Generation (OPG is a Public company wholly owned by the Government of Ontario.
In 2006 AMEC sold the Paris-based Spie Batignolles to a private equity company[7]. Paris (ˈpærɨs in English; in French) is the Capital of France and the country's largest city Spie Batignolles is a French construction company based in Cergy Saint-Christophe.
In 2007 AMEC sold its construction arm to Morgan Sindall[8]. Morgan Sindall plc ( is a British based construction services business headquartered in London.
In 2008 AMEC sold its internal plant hire division to Speedy Hire[9]. Speedy Hire plc ( is a British equipment hire company based in Newton-le-Willows, Merseyside.
Recent contracts
Recent activities have included:
- Sustainable oil and gas business for BP's Azerbaijan international operating company[10]. BP plc, previously known as British Petroleum, is the third largest global Energy company, a multinational oil company (" Oil major Azerbaijan ( English; Azərbaycan officially the Republic of Azerbaijan (Azərbaycan Respublikası is the largest and most populous country in the South
- Water and electricity contracts in joint venture with Fluor in Iraq worth approximately £500million[11]. Fluor is any of a class of Minerals first identified by Georg Agricola, which he described as resembling Gems but softer, readily fusible For a topic outline on this subject see List of basic Iraq topics. Amec has also entered into contracts worth $500m and $600m with USAID for water resource projects in Northern and Southern Iraq, again, in a joint contract with Fluor (March 2004). For a topic outline on this subject see List of basic Iraq topics. Fluor is any of a class of Minerals first identified by Georg Agricola, which he described as resembling Gems but softer, readily fusible AMEC is also a subcontractor on a $154m Fluor contract to restore electrical power systems (February 2004) and has generated unknown revenue from a Centcom contract[12]. Fluor is any of a class of Minerals first identified by Georg Agricola, which he described as resembling Gems but softer, readily fusible
- The ‘Kizomba B’ Oil & Gas contract for Exxon completed in 2005[13]. Exxon is a brand of fuel sold by ExxonMobil. History Exxon formally replaced the Esso, Enco,
Former construction business
Although Amec's construction business has been discontinued the following construction projects were notable: the Kielder Dam completed in 1982[14], the Cumberland Infirmary completed in 2001[15], the M6 Toll completed in 2003[16], new offices for HM Revenue and Customs at Longbenton completed in 2005[17], the Docklands Light Railway City Airport extension completed in 2005[18] and the University College London Hospital completed in 2005[19]. Kielder Water is a large man-made Reservoir in Northumberland in North East England. The M6 Toll (or Birmingham North Relief Road, or BNRR, or Midland Expressway) connects M6 Junction 4 at the NEC to M6 Junction 11A at Longbenton is an incorporated town in North Tyneside, England. The Docklands Light Railway (DLR is a Light rail system serving the redeveloped Docklands area of East London England. University College Hospital is a Teaching hospital in London, England, part of the University College London Hospitals NHS Foundation Trust
References
- ^ Notes on Financial Times Actuaries Index 1988
- ^ Amec firmly in Europe with £40m Spie buy
- ^ Amec buys Ogden Corp subsidiary
- ^ AMEC history - 2000 acquisition of AGRA
- ^ Amec deal saves Government blushes in Iraq
- ^ Amec offers to buy NNC Holdings
- ^ Amec sells Spie for £707m
- ^ AMEC: Sale of Business
- ^ Speedy Hire buys Amec equipment hire arm
- ^ Amec briefing 'Developing a sustainable oil and gas business in Azabaijan accessed 26/05/06
- ^ Christodolou L. , (2006) Corporate Carve Up: The Role of UK Corporations in Iraq March 2003 – March 2006, Corporate Watch
- ^ Iraq Subcontracting Conference, Transcript of FluorAmec Subcontracting Conference, 5 May 2004
- ^ AMEC: AMEC Awarded ‘Kizomba B’ Oil & Gas Project
- ^ Structure information
- ^ Visit Cumbria
- ^ Motorway Archive
- ^ Amec: Public & Private buildings
- ^ Docklands Light Railway - London City Airport extension now open
- ^ University College London Hospital wins award
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