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AMEC-Fluor JV finally signs Enfield contract

WOODSIDE Energy has awarded all engineering management operations for its Enfield floating oil pr...

AMEC-Fluor JV finally signs Enfield contract

The $240 million performance-based contract covers engineering, procurement and construction management for Woodside’s 150,000t facility 40km offshore.

The announcement followed the recent completion of a front-end engineering and design contract for the Enfield project by the two engineering companies.

Singing the contract has been a delayed process with the initial lump sum contract planned by Woodside, being converted into a reimbursible contract, which has less cost controls than the former approach.

AMEC managing director Neil Bruce said the deal underlined the alliance’s strength in oil and gas industry management, with a burgeoning energy order book now encompassing West African, Korean, Philippino and Canadian projects.

“The contract for Woodside demonstrates the global reach of our integrated skills and in particular, enhances our position in the oil and gas industry in the strategically important Asian-Pacific region,” he said.

The $1.5 billion Woodside FPSO is scheduled to begin operations by 2006, producing an estimated 100,000 barrels of oil a day.

AMEC is an international project management and services company with offices across the USA, Europe and Asia. It generated annual revenue of UK4.7 billion in 2003 and employs more than 45,000 people in 40 countries.

US-partner Fluor offers global infrastructure, energy and telecommunication projects a range of engineering management services. The Fortune 500 company recorded 2002 fiscal year revenue of $US10 billion.

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