Oil and Gas News

AMEC wins five-year offshore programme management consultancy contract, Abu Dhabi

London, United Kingdom (2 September 2008) - AMEC plc, the international engineering and project management company, has been awarded a five-year programme management consultancy (PMC) contract by Zakum Development Company (ZADCO) in Abu Dhabi, United Arab Emirates.

The reimbursable contract is estimated to be worth US $75 million over the five years - the largest oil-related PMC contract ever awarded by ZADCO.

AMEC will provide engineering, consultancy and project management services extending from concept stage through front-end engineering design (FEED), design, construction and commissioning of several projects on the multi-billion dollar Upper Zakum full field development programme. The programme began in 2007 and is expected to be completed by 2013.

Among the projects in which AMEC will be involved are the replacement of the 60-kilometre main subsea oil pipeline, expansion of onshore/offshore gas treatment facilities, development of the east and west areas of the field, and a major programme of work to increase offshore crude production capacity from 500,000 to 750,000 barrels per day.

“This contract on one of the world’s major offshore fields is another significant step in our strategic growth plans in the Middle East and North Africa region,” said Tony Cruddas, President - Growth Regions, AMEC’s Natural Resources division. “Our offshore expertise from around the world, our PMC experience in the Middle East, together with our Convero programme management system, were key factors in winning the contract, which we hope will lead to further work in the region.”

Upper Zakum is the most important of ZADCO’s fields. Located 84 kilometres offshore to the north west of Abu Dhabi islands, the field covers approximately 1,200 square kilometres of the Arabian Gulf. It is part of the Zakum field, the second largest field in the Gulf and the fourth largest field in the world.

Media contacts:
AMEC, Frank Stokes, +44 (0)7712 008356; frank.stokes@amec.com
Brunswick, Pam Small, +44 (0)207 404 5959

Notes to Editors:
A high resolution photograph of the Upper Zakum offshore oil field is available at www.amec.com/picturelibrary
About AMEC: AMEC (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 around £2.3 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 over 23,000 people in more than 30 countries globally. For further information please see www.amec.com.

AMEC’s Natural Resources division is a leading provider of total life-of-asset services to customers in the upstream and downstream oil and gas sectors, petrochemicals, pipelines and mining industries, with a strong reputation for balancing global excellence with local delivery. The company has worked in the Middle East for more 30 years and is currently working on oil and gas projects in Kuwait, Libya,UAE and Saudi Arabia.
About ZADCO. ZADCO was formed in 1977 when Sheikh Zayed Bin Sultan Al Nahyan, promulgated Law No.9 for 1977 incorporating Zakum Development Company (ZADCO) to develop and operate the Upper Zakum field. ZADCO has three major shareholders, Abu Dhabi National Oil Company (ADNOC) with 60% share, ExxonMobil with 28% share, and Japan Oil Development Company limited (JODCO) with 12% share.ZADCO’s mandate was to develop the Upper Zakum field on behalf of ADNOC and for the benefit of the shareholders in the joint venture, Abu Dhabi National Oil Company (ADNOC), ExxonMobil, and Japan Oil Development Company Ltd. (JODCO). The company adopts the latest technologies in developing and operating these oil fields, with health, safety and environment concerns in mind, making it a leading operating company in the oil industry in the U.A.E. www.zadco.com
 
 
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Tags: Abu Dhabi, AMEC, Construction, Design, exxonmobil, Five-year, Kuwait, Libya, Offshore, oil field, programme, UAE, UNITED ARAB EMIRATES, Upper Zakum, WINS, Zakum Development Company