AMEC bags North Sea design contract
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.
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.
Start your trial of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Sign up for MoneyWeek’s free twice-daily newsletter.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
