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KOC Renews Project Management Services Deal with AMEC

Thursday, January 9, 2014

AMEC, an international engineering and project management company, reported Tuesday that the firm has been awarded a renewed contract by the Kuwait Oil Company (KOC) to provide Project Management Consultancy services for a portfolio of major upstream projects in Kuwait.

The five-year 'call-off' contract is worth approximately $414 million (KWD 117 million or GBP 255 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 recognized 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 maximizing 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.'



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