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Re Contract

3rd Oct 2011 07:00

RNS Number : 3542P
AMEC PLC
03 October 2011
 



AMEC awarded FEED contract for GDF SUEZ E&P UK's Cygnus field in Southern North Sea

 

London, United Kingdom (3 October 2011) - AMEC, the international engineering and project management company, has been awarded a Front End Engineering Design (FEED) contract for GDF SUEZ E&P UK Ltd's Cygnus gas field development, one of the most significant undeveloped gas fields in the North Sea.

 

The contract includes work on the 'option to proceed' into the detailed design and procurement phase, and is valued at an estimated £50 million. The FEED, which starts immediately, is scheduled for completion in 2012. The contract will create about 150 new jobs at peak.

 

"We are delighted to be working with GDF SUEZ E&P on their strategically important Cygnus field," said John Pearson, Managing Director of AMEC's Europe and West Africa business. "Nearly four decades experience and proven delivery in the North Sea will help to deliver Cygnus, which is not only a new field development, but GDF SUEZ E&P's first major operated North Sea field. The combination of the quality of our people and our extensive service offering has been key in winning this award."

 

Jean-Claude Perdigues, managing director at GDF SUEZ E&P UK said: "The FEED contract award represents a major milestone for the Cygnus development and underlines our strong commitment to the UK Continental Shelf. I look forward to working closely with AMEC as we progress the field development project towards final investment decision in 2012."

-Ends-

 

 

 

Enquiries to:

 

AMEC plc +44 (0) 20 7539 5800

 

Sue Scholes, Director of Communications

Nicola-Jane Brooks, Head of Investor Relations

Media contacts:Frank Stokes, Media Relations, AMEC plc - +44 (0) 1452 872121; [email protected]

Jane Gospel, Communications Manager, AMEC +44 (0) 20 7539 0182 [email protected]

 

AMEC (LSE: AMEC) is a focused supplier of consultancy, engineering and project management services to its customers in the world's oil and gas, minerals and metals, clean energy, environment and infrastructure markets. With annual revenues of around

£3 billion, AMEC designs, delivers and maintains strategic and complex assets, employing more than 27,000 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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