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AMFW Amec Foster Wheeler

546.50
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Amec Foster Wheeler LSE:AMFW London Ordinary Share GB0000282623 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 546.50 545.00 546.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

AMEC Gets Contract for GDF Suez E&P UK's Cygnus Field

13/11/2013 10:53am

Dow Jones News


Amec Foster Wheeler (LSE:AMFW)
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LONDON--AMEC PLC (AMEC.LN), an international engineering and project management company, said Wednesday it has been awarded the hook up and commissioning, or HUC, support contract for GDF SUEZ E&P U.K. Ltd's Cygnus gas field development, in the U.K. Southern North Sea.

MAIN FACTS:

-The HUC support contract for the four Cygnus platforms follows on from the FEED (front end engineering design) and detail design work executed by AMEC from its London offices.

-This latest phase, with first gas scheduled for the fourth quarter of 2015, will maintain 140 jobs at peak and will be delivered by AMEC's Aberdeen offshore North Sea team, including qedi, AMEC's completions and commissioning specialists.

-The work will be part of a series of major platform installations, including the full spectrum of commissioning and completions support, reflecting the deepening of AMEC's relationship with GDF SUEZ E&P U.K..

-No financial details disclosed.

-AMEC shares closed Tuesday at 1178 pence valuing the company at 3.50 billion pounds.

-Write to Ian Walker at ian.walker@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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