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Re Contract

1st Feb 2010 11:03

RNS Number : 4417G
AMEC PLC
01 February 2010
 



AMEC plc

1 February 2010

AMEC wins deepwater P-63 FPSO contract offshore Brazil

AMEC, the international engineering and project management company, today announced that it has been selected by Brazilian company, QUIP, to perform basic engineering services for the topsides of the P-63 floating production, storage and offloading (FPSO) vessel, to be operated on behalf of Petrobras, Brazil's national oil company.

 

The contract, the value of which has not been announced, begins immediately and will run until mid-2010.

 

The P-63 FPSO will develop the Papa Terra heavy oil field in the Campos Basin, offshore Brazil. The field is located about 68 miles (110 kilometres) off Rio de Janeiro in water depths of up to 3,940 feet (1,200 metres).

 

"We are very pleased to continue our collaboration with QUIP and Petrobras," said Terri Ivers, president of AMEC's Houston-based oil and gas business. "AMEC has completed similar project work in the region including Petrobras' P-7 and P-9 semisubmersibles, and their P-19 and P-31 FPSO vessels. This award further strengthens AMEC's position and experience portfolio in the development of deepwater facilities following on from recent awards in the Gulf of Mexico and deepwater Angola."

 

Engineering for the P-63 FPSO topsides will be managed from AMEC's Houston offices. Fabrication and integration will be conducted at QUIP's facility in Rio Grande, Brazil.

 

Enquiries to:

 

AMEC plc +44 (0) 20 7539 5800

 

Sue Scholes, Director of Communications

 

Nicola-Jane Brooks, Investor Relations

 

Notes to Editors:

·; AMEC plc (LSE: AMEC) is a focused supplier of high-value consultancy, engineering and project management services to the world's energy, power and process industries. With annual revenues of over £2.6 billion, AMEC designs, delivers and maintains strategic and complex assets for its customers. AMEC's Natural Resources, Power and Process and Earth and Environmental businesses employ almost 22,000 people in more than 40 countries globally. www.amec.com

 

Houston-based AMEC Paragon (amecparagon.com), founded as Paragon Engineering Services in 1980, provides engineering, design/drafting, procurement, inspection, and construction management services to the oil and gas and pipeline industries. AMEC Paragon serves as the Houston hub for AMEC's global oil and gas business, with a staff of approximately 600 personnel specializing in onshore and offshore production facilities and pipelines, midstream projects, and subsea systems.

 

About the P-63 FPSO

The P-63 FPSO will have about 16 topsides modules with a total weight of over 14,000 metric tons. The topsides facilities include three oil processing modules; one gas compression module; three electrical power generation modules; two water treating and injection modules; one electrical building module; three utilities modules; one flare system module; and two manifold modules. In addition, a pipe rack over 200 metres long will be designed to incorporate a material handling trolley.

 

The FPSO topsides facilities will be designed to process approximately 140,000 barrels per day (BPD) of crude oil, 35 million metric standard cubic feet per day of gas and 325,000 BPD of produced water. Facilities to inject approximately 340,000 BPD of seawater are also included.

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