London, UK,
04
January
2016
|
01:19
Europe/London

Clough AMEC awarded brownfield services contract for Bayu-Undan, Timor Sea

Summary
  • New three year contract
  • Continuing maintenance of the Bayu-Undan assets since July 2004

Amec Foster Wheeler announces today that its Clough AMEC joint venture has been awarded a three year contract by ConocoPhillips to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea.

The Bayu-Undan offshore facilities consist of a floating storage and offloading facility and three fixed platforms, a remote wellhead platform and a compression, utilities and quarters platform (CUQ) and a drilling, production and processing platform. The latter two are located adjacent to each other and linked by an access bridge, forming the Central Production and Processing Complex.

Roberto Penno, Amec Foster Wheeler’s Group President for Asia, Middle East, Africa & Southern Europe
We are delighted to build on our 11 year history of providing services to Bayu-Undan and look forward to adding another project success to our track record.
Roberto Penno, Amec Foster Wheeler’s Group President for Asia, Middle East, Africa & Southern Europe

Clough AMEC has provided asset integrity management and implementation services support to these facilities since July 2004.

Notes to editors

1. 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.

 

2. Clough AMEC is a 50/50 Joint venture between Clough and Amec Foster Wheeler and was established in 2004 to provide engineering, operations and maintenance services to the Australasian oil and gas industry. Clough AMEC has offices in Perth, Darwin, Gladstone, Brisbane, Melbourne, Port Moresby and Dili as well as access to a combined worldwide resource pool of over 40,000 people.

 

Forward-Looking Statements

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.