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Re Contract

28th Jan 2014 07:00

RNS Number : 6258Y
AMEC PLC
28 January 2014
 



AMEC Tekfen Azfen consortium awarded $974 million contract by BP for Shah Deniz 2 offshore platforms, Azerbaijan

 

London, United Kingdom, (28 January 2014) - The AMEC Tekfen Azfen (ATA) consortium has been awarded a contract totalling $974 million for BP-operated Stage 2 development of the Shah Deniz gas field in the Caspian Sea. AMEC will contribute its project and construction management expertise to the consortium.

 

The contract covers the fabrication, load out and offshore hook-up and commissioning of the topsides units of the two Stage 2 platforms including the Production and Risers platform and Quarters and Utilities platform. Both topsides units will be built at the ATA fabrication yard in Bibi-Heybat near Baku. The construction works under this contract are planned to commence in January 2014, with the completion expected in 2018.

 

AMEC Chief Executive Samir Brikho said: "Winning this excellent contract supports our growth strategy and comes as a result of our successful and safe delivery of projects in this region for BP-operated projects. I am proud of our commitment to the region and the contribution we have made to the growth of Azerbaijan's national oil industry."

 

Richard Rippon-Swaine, Oil & Gas Director for AMEC's Growth Regions, added: "This latest award reinforces our successful long-standing relationship with BP and with our partners Tekfen and Azfen. We have developed a strong track record in Azerbaijan, applying our global skills locally to deliver projects and engineering services safely and effectively."

 

AMEC has worked for BP-operated projects in Azerbaijan for 16 years and, as part of the ATA consortium, has successfully completed three major platform topsides as well as providing offshore asset support services in the Caspian. Most recently ATA successfully completed the 19,000-tonne COP-WC project which was recently installed offshore.

 

Ends

Enquiries to:

 

AMEC plc: +44 (0) 20 7429 7500

Sue Scholes, Director of Communications

Rupert Green, Interim Head of Investor Relations

 

Notes to editors:

AMEC (LSE: AMEC) is a focused supplier of consultancy, engineering and project management services to its customers in the world's oil and gas, mining, clean energy, environment and infrastructure markets. With annual revenues of some £4.2 billion, AMEC designs, delivers and maintains strategic and complex assets and employs over 29,000 people in around 40 countries worldwide. See amec.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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