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AMEC Foster Wheeler First-Half 2015 Profits Drop 12%, Expects New Solar Orders

AMEC Foster Wheeler First-Half 2015 Profits Drop 12%, Expects New Solar Orders

SUGAR LAND--August 28, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Pretax profits for engineering, procurement and construction (EPC) provider AMEC Foster Wheeler plc (NYSE:AMFW) (London, England) took a 12% hit in the first half of this year as customers tightened their fiscal belts amid the drop in oil prices, company executives said. Still, the company expects to see as much as $1 billion in new solar energy contract orders from North America in the second half of 2015. Industrial Info is tracking 86 active projects worth $83.13 billion that involve AMEC Foster Wheeler.

Within this article: Details on AMEC Foster Wheeler's quarter and projects.

Additional companies: Suncor Energy (NYSE:SU) Royal Dutch Shell plc (Shell) (NYSE:RDS.A) Enterprise Products Partners (NYSE:EPD) LyondellBasell (NYSE:LYB) Dow Chemical (NYSE:DOW), Freeport-McMoRan Incorporated (NYSE:FCX)