KOC Renews Project Management Services Deal with AMEC
AMEC, an international engineering and project management company, reported Tuesday that the firm has been awarded a renewed contract by the Kuwait Oil Company (KOC) to provide Project Management Consultancy services for a portfolio of major upstream projects in Kuwait.
The five-year ‘call-off’ contract is worth approximately $414 million (KWD 117 million or GBP 255 million). It was won in a competitive tender and follows AMEC’s successful delivery of two previous five-year contracts held since 2004.
Under the new contract, AMEC will provide the same services as the previous contracts, ranging from front end engineering design (FEED), Project Management Consultancy (PMC) services, engineering, construction management and training of Kuwaiti engineers. The work will be managed and delivered by a 250-strong team of AMEC engineers in Kuwait, with FEED execution from AMEC’s London design office.
“I am delighted that KOC has recognized our excellent performance over the last 10 years with the award of this significant contract,” said Alan Armstrong, AMEC’s operations director in Kuwait. “We are delivering value for our customer and helping them achieve their 2030 vision of maximizing the strategic value from the country’s oil and gas reserves.”
“The contract is a significant continuation of AMEC’s work in the Middle East and is further evidence of our success in this strategically important region.”
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Aberdeen-based Jee Wins Enhance Oil Recovery Contract (May 21)
- UK's Oil Services Firms To Cut Jobs To Ride Out Price Slump (Apr 28)
- Amec Foster Wheeler Buys Scopus Group (Dec 15)
Company: Kuwait Oil Company more info
- Saipem to Build Pipelines for Kuwait Refinery Project (Aug 16)
- Weir Oil & Gas Secures KOC Wellhead Contract (Nov 07)
- Amec FW Clinches KOC's FEED Contract to Upgrade OGC in Kuwait (May 27)