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.
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
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
"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
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Christmas at Chatsworth: review of The Cavendish Hotel at Baslow
MoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
By Dr Matthew Partridge Published
-
Tycoon Truong My Lan on death row over world’s biggest bank fraud
Property tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
By Jane Lewis Published