AMEC awarded a five-year $347 million PMC contract by Kuwait Oil
KUWAIT -- AMEC, has been awarded a renewed contract by the Kuwait Oil Company to provide Project Management Consultancy services for a portfolio of major upstream projects in Kuwait.
The five-year 'call-off' contract is worth approximately $347 million. It was won in a competitive tender and follows AMEC's successful delivery of two previous five-year contracts held since 2004.
Under the new contract, AMEC will provide the same services as the previous contracts, ranging from front end engineering design (FEED), Project Management Consultancy (PMC) services, engineering, construction management and training of Kuwaiti engineers. The work will be managed and delivered by a 250 strong team of AMEC engineers in Kuwait, with FEED execution from AMEC's London design office.
"I am delighted that KOC has recognised our excellent performance over the last 10 years with the award of this significant contract," said Alan Armstrong, AMEC's Operations Director in Kuwait. "We are delivering value for our customer and helping them achieve their 2030 vision of maximising the strategic value from the country's oil and gas reserves."
"The contract is a significant continuation of AMEC's work in the Middle East and is further evidence of our success in this strategically important region."