Amec Foster Wheeler awarded new BP contract for Eastern Trough Area Project (ETAP) Additional Living Quarters
- Two-year reimbursable EPC contract for additional living quarters
- Extending the life of the platform to 2030
- Improving platform operating efficiency
London, United Kingdom (21 September 2015) – Amec Foster Wheeler announces today that it has been awarded an Engineering, Procurement and Construction (EPC) contract by BP for the provision of additional living quarters, as part of BP’s Life Extension Project on the Eastern Trough Area Project (ETAP) in the Central North Sea. The BP ETAP Life Extension Project will extend the life of the platform to 2030 and improve its operating efficiency.
The £36 million contract was awarded under Amec Foster Wheeler’s global agreement with BP to provide engineering and project management services for BP's offshore developments around the world. 90 Amec Foster Wheeler people, including eight graduates, are working on the contract.
The additional living quarters will comprise 16 modules, creating space for an additional 26 beds. The modules will sit on a grillage support with sliding connectors, which are usually found on bridges and onshore refineries. The sliding connectors allow enough movement to accommodate for the flex and stress from the weight of the new structures, increasing efficiency by removing the need to drill through the deck and weld to deck support beams.
We are delighted to be supporting BP’s rejuvenation of ETAP as they continue to invest in the North Sea. We’ve been working with BP for more than 35 years, delivering safe and efficient solutions and this contract award is another example of Amec Foster Wheeler combining our leading brownfield and EPC expertise and bringing new ways of working into the oil and gas industry.
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 55 countries, the company operates across the whole of the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing and success of contracts, and are generally identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements.
Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.