LONDON--(BUSINESS WIRE)--Amec Foster Wheeler announced today that it has been awarded a global framework contract by BP International to provide engineering, procurement support and project management services for pre-FEED (front end engineering and design) and FEED work across a range of projects.
The award will allow Amec Foster Wheeler to use its deep experience and culture of innovation to deliver large, complex and integrated projects for BP.
The scope of services for the contract covers onshore, offshore, subsea, drilling, greenfield and brownfield upstream engineering services in Alaska, Angola, Azerbaijan, Egypt, Gulf of Mexico, Indonesia, Oman, Trinidad and the United Kingdom.
The contract is for three years with an option to extend for two additional years.
John Pearson, Amec Foster Wheeler’s President, Oil, Gas & Chemicals, said:
“This global framework reinforces Amec Foster Wheeler’s long-term relationship with BP, allowing global access to our expertise, technology and More 4 Less approach to safe, efficient, predictable delivery.”
Amec Foster Wheeler’s proven ‘More 4 Less’ lean engineering methodology has delivered customer savings of up to 60% in time and cost, compared to traditional approaches.
Notes to editors:
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors. Employing around 36,000 people in more than 55 countries and with 2016 revenues of £5.4 billion, the company operates across the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, power and process, pharma, environment and infrastructure markets. Amec Foster Wheeler offers full life-cycle services to offshore and onshore oil and gas projects (conventional and unconventional, upstream, midstream and downstream) for greenfield, brownfield and asset support projects, plus leading refining technology.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing, results and success of contracts, and are generally identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements. Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.
Publication on Website
A copy of this announcement will be made available on Amec Foster Wheeler’s website at www.amecfw.com by no later than 12 noon (London time) on the business day following publication of this announcement. For the avoidance of doubt, the contents of this website are not incorporated into and do not form part of this announcement.