Support services titan AMEC has won a design contract from French utility company GDF Suez, which wants to use AMEC's expertise on its Cygnus gas field development in the UK bit of the North Sea.
The detail design contract is valued at an estimated £60m. This latest detail design phase, which starts immediately, is scheduled for completion in 2014. The contract will create almost 200 new jobs at peak, and will safeguard a further 160 who are already part of the London-based team.
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Savills: Average house prices to grow by 22% over next five yearsHouse prices in Scotland, Wales and northern England are forecast to experience the biggest uptick
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How to shield your money as Reeves refuses to rule out income tax hikes and warns of ‘necessary choices’Chancellor Rachel Reeves appeared to lay the groundwork for higher taxes in the Autumn Budget on Tuesday morning and refused to stand by her manifesto pledge not to increase income tax.
