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James Fisher and Sons wins nuclear plant contract

Energy Voice

Marine service company James Fisher and Sons (JFS) won a £60million decommissioning contract on a nuclear plant in Dorset.

The firm’s subsidiary, James Fisher Nuclear, was commissioned by Magnox to decommission the largest of the reactor cores at Winfrith Atomic Energy Establishment (AEE Winfrith).

The contract is to design and deliver a facility to segment and package the reactor core of the redundant Steam Generating Heavy Water Reactor (SGHWR) over a four year period.

Nick Henry, chief executive of JFS, said: “Such contracts require great expertise and experience in remote handling techniques, and this award is further testament to the market leading experience of our team in this area which enables us to provide cost effective solutions for the decommissioning programme.”

Roger Johnston, analyst at Edison Investment Research, said the deal highlighted the firm’s “ resilience at a time of uncertainty for its offshore oil business”.

Last year the Barrow-in-Furness headquartered company boosted its North Sea division when it acquired assets of two subsea firms, Subsea Services (SSS) and X-Subsea, from administrators.

It also splashed out £4.5million for the National Hyperbaric Centre (NHC) in Aberdeen.

Fisher also owns Aberdeen firms RMS pumptools and Scotload, Westhill-based diving and subsea equipment specialist Divex and Oldmeldrum companies Fisher Offshore and ScanTech Offshore.

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