THE INVESTMENT COLUMN: Hope of Nuclear Power Contracts Makes Amec Worth Holding on To

The Independent (London, England), May 19, 2005 | Go to article overview
Save to active project

THE INVESTMENT COLUMN: Hope of Nuclear Power Contracts Makes Amec Worth Holding on To


While the public debate on the future of nuclear power in the UK continues, companies such as Amec are waiting on the sidelines ready to pick up billion-pound contracts to restore Britain's nuclear generators if they get the green light from the Government.

The company, an engineering, construction and project management business, is already hoping to win lucrative contracts to clear up existing nuclear waste. These could be worth as much as pounds 20bn and will go out to tender next year.

But aside from the nuclear issue in the UK, a trading statement from Amec at its annual meeting yesterday revealed the company is on track for a good year.

Amec has moved from straightforward construction projects to large and complex developments, which can involve project management, design, construction, engineering and maintenance. Its three divisions are engineering and technical services (E&TS), the oil and gas sector, and project solutions, which includes public sector developments. These are all high-margin activities, bringing in a number of income streams.

Since the year-end Amec said it had won three major projects in the oil and gas sector, worth more than pounds 100m.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

THE INVESTMENT COLUMN: Hope of Nuclear Power Contracts Makes Amec Worth Holding on To
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?