Amec wins $415m Kuwait deal
Firm lands third successive five-year consultancy for Kuwait Oil Co
UK-based engineering consultancy Amec has been awarded a five-year, $415m (KD117m) project management consultancy from the Kuwait Oil Company (KOC).
The deal was won through a competitive tender and is the third successive five-year project management contract Amec has secured from KOC, the first being awarded in 2004.
It also follows on from a trio of similar recent awards by KOC to engineering consultancies WorkleyParsons, Technip and Fluor.
Amec said the work would cover similar services as its previous contracts, including front end engineering design (FEED), project management, construction management and training of Kuwaiti engineers. It will be delivered by a 250-strong team of Amec engineers within Kuwait, with support from the company's London design office.
Amec's Kuwait operations director, Alan Armstrong, said: "I am delighted that KOC has recognised our excellent performance over the last 10 years with the award of this significant contract.
"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."
He added that the renewal was "further evidence of our success in this strategically-important region".