AMEC wins contract for BP's Mad Dog project

Engineering and project management company AMEC has been awarded a topsides design contract by BP for the Mad Dog Phase Two deepwater project in the Gulf of Mexico.

"Deepwater projects are increasingly important in helping to meet rising demand for oil and gas around the world," AMEC said in a statement on Tuesday morning.

The company will provide Front End Engineering Design (FEED) services for the topsides facilities for BP Exploration & Production - the new facility will be of one of the largest floating production systems to be installed in the Gulf of Mexico.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues 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

Sign up

"This award is the latest in our on-going global engineering and project management services agreement with BP and continues our long-term collaboration with the largest oil producer in the Gulf of Mexico," said Simon Naylor, President of AMEC's Natural Resources Americas business.

"The contract further strengthens AMEC's track record in the development of global deepwater facilities, building on current offshore projects in Brazil and Angola."

No contract value has been disclosed.

BC