Amec Foster Wheeler’s completions and commissioning company, qedi, has signed an extension of its global Master Service Agreement with BP, which it has successfully delivered since 2012.
The new contract with BP will run for two years through till December 2019. qedi will continue with the exclusive provision of completions and commissioning support services to BP on a global basis. The agreement also includes all licences and support for qedi’s GoTechnology® products, as well as completions and commissioning manpower services.
This completions and commissioning support service - which includes the management and delivery of projects from mechanical completion and pre-commissioning through to handover - is an integral part of Amec Foster Wheeler’s full lifecycle offering, as it expands its business supporting customers throughout the lifecycle of their assets.
Barry Cann, Managing Director, qedi:
"qedi has been providing completions and commissioning support services to BP for over 15 years. We’re delighted to be awarded an extension with BP, which is a vote of confidence in our relationship with the company, the value we add, our unrivalled capabilities and our skilled team. We look forward to continue working with BP on their projects around the world."
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 35,000 people in more than 55 countries and with 2016 revenues of £5.4 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, power and process, 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.
About BP
BP (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.
About qedi
qedi is a leading completions, commissioning and technology provider with more than 20 years of providing technology and expertise in completions and commissioning services to the oil and gas sector.
The company’s continuous improvement and investment in technology and competence has led to the development of a suite of products called GoTechnology® designed to successfully manage construction, completions, pre-commissioning, commissioning, start-up and decommissioning activities in the industry.
qedi is part of Amec Foster Wheeler.