Amec Foster Wheeler Clinches Iraq's Rumaila Field Contract from BP
Amec Foster Wheeler clinched a three year framework agreement from BP Iraq NV (BP) to complete conceptual studies and pre-front end engineering design (FEED) work to support BP plc's plans to sustain and grown production at the Rumaila oil field in Iraq.
Unde the agreement, Amec Foster Wheeler will carry out engineering studies for facilities and infrastructure that are crucial for the Rumaila field to sustain and increase production.
Rumaila, one of the world's largest oil fields and the largest producing field in Iraq, is situated in the southern Iraq. The field, which has been in production since 1954, produces an average of 1.34 million barrels per day (bpd) in 2014, higher than 950,000 bpd in 2010 when BP began work. Rumaila now provided over a third of Iraq’s oil.
"We undertook a number of studies on the Rumaila field back in 2010 and this latest framework agreement recognizes our conceptual and pre-FEED expertise and continues our strong relationship with BP and our track record in Iraq. We are looking forward to supporting BP in realizing its objectives for the Rumaila field," Roberto Penno, Amec Foster Wheeler group president for Asia, Middle East, Africa & Southern Europe said Monday in the press release.
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.
- Ex-Schlumberger Chief to Acquire Biggest Shale Pipe Servicer (Oct 19)
- BP Thunder Horse Expansion in Gulf of Mexico Starts Early (Oct 18)
- Oil Drillers' Rocky Mountain High Threatened by Colorado Vote (Oct 17)
Company: AMEC Foster Wheeler plc more info
- Amec Foster's First-Half Trading Profit Falls, Margins Improve (Aug 10)
- UK Regulator: Wood Group Takeover Of Amec Could Hurt Competition (Aug 02)
- British Oil Probe Shows Value of Reading the Small Print: Gadfly (Jul 12)