Amec Foster Wheeler announces that it has been awarded three contracts by BP to provide services to the Glen Lyon Floating Production, Storage and Offloading (FPSO) vessel as part of the Quad 204 Project, located 175 km west of the Shetland Isles, UK. The three reimbursable contracts are worth £31.5 million and will create 100 onshore and 50 offshore jobs.
The hook up and commissioning contract, worth £27 million, will run through to June 2017. Amec Foster Wheeler will hook up the new Glen Lyon FPSO to the Schiehallion and Loyal fields as part of the BP’s Quad 204 redevelopment, extending the life of the two fields, enabling them to continue production beyond 2035.
Amec Foster Wheeler will also provide follow-on engineering as part of a contract for any residual works that emerge during the transition from the yard in Korea to BP operations. This contract continues to June 2017.
Amec Foster Wheeler’s completions and commissioning specialist, qedi, is providing electrical and instrument technicians as part of the commissioning support to the Glen Lyon hook up. This £2 million contract will run through to June 2017.
Alan Johnstone, Amec Foster Wheeler’s Managing Director for Upstream Asset Solutions
"We are delighted to work with BP on their Quad 204 redevelopment, which extends field life and contributes to the future sustainability of the Schiehallion and Loyal fields. The three contracts allow Amec Foster Wheeler to demonstrate its leading hook up and commissioning capabilities, whilst ensuring a focus on safe and efficient operations."
Amec Foster Wheeler has been providing hook up and commissioning services to BP’s two new Clair Ridge platforms since 2013.
BP announced last week that the Glen Lyon has started sea trials as it begins its journey towards the west of Shetland. The Glen Lyon left the Hyundai Heavy Industry quayside in Ulsan, South Korea, on Saturday 5th December. It will now complete approximately two weeks of sea trials, after which it will return to the quayside for final class and flag approvals to certify it as a ship, a prerequisite before the long tow to west of Shetland can commence.
About Amec Foster Wheeler
Amec Foster Wheeler designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 55 countries, the company operates across the whole of the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
About BP
Over the past 10 years, BP has invested more than $90 billion in the U.S. – more than any other energy company. BP is a leading producer of oil and gas and produces enough energy annually to light nearly the entire country for a year. Employing more than 18,000 people in all 50 states, BP supports nearly 200,000 additional jobs through all of its business activities.