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Amec Foster Wheeler awarded FEED contract by Kuwait Oil Company
Amec Foster Wheeler announces that it has been awarded a front end engineering design (FEED) contract by Kuwait Oil Company (KOC) to upgrade its Oil Gathering Centre GC-24.

This project continues Amec Foster Wheeler’s work with KOC on major projects since 2004, which has recently included three new Gathering Centres and strategic pipeline projects in North Kuwait.

Roberto Penno, Group President of Amec Foster Wheeler’s Asia Pacific, Middle East, Africa and Southern Europe business:
"Kuwait Oil Company is one of our key customers and this further strengthening of our working partnership follows our success in delivering projects for them and management of the original GC-24 Project which was completed six months ahead of schedule."

KOC is planning to increase oil production by up to 1 million barrels of oil per day by 2020 and to maintain this for 10 years. Critical to the expansion, this project will enhance the existing GC-24 facility, increasing capacity by 50,000 barrels of oil per day from the current level of 165,000 barrels of oil per day, as well as optimising existing facilities to cater for the expected high level of water in the mix of crude oil and gas.

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.

Employing around 40,000 people in more than 55 countries and with 2015 revenues of £5.5 billion, the company operates across 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 offers full life-cycle services to offshore and onshore oil and gas projects (conventional and unconventional, upstream, midstream and downstream) for greenfield, brownfield and asset support projects, plus leading refining technology.

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.


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