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.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
JH
-
What is the 25x retirement rule and does it work?The 25x retirement rule has been around for decades but many experts question if it is a suitable strategy
-
When is the self-assessment tax return deadline?If you are self-employed, rent out a property or earn income from savings or investments, you may need to complete a self-assessment tax return. We run through the deadlines you need to know about
