AMEC Awarded £150 Million Clair Ridge Design Engineering, North Sea

Monday, October 17, 2011
  • The work is valued at £150 million
  • Two new platforms are due to be installed in 2015, with production scheduled to start in 2016

AMEC, the international engineering and project management company, has been appointed by BP and its partners, Shell, ConocoPhillips and Chevron, to deliver the engineering and project management services (EPMS) for the main platform design for Clair Ridge, the second phase of the giant Clair oil field, west of Shetland.

The work, which is already underway, is valued at £150 million and follows on from AMEC's successful completion of the conceptual engineering studies and the define phase of the Clair Ridge project. All are part of BP's existing Global Agreement with AMEC.

The award will see AMEC deliver detailed engineering and project management services for the construction and installation phase of two new bridge-linked platforms. This includes detail design, follow-on engineering, site support, plus procurement, supply chain services, materials management and information management services for the whole project. The work will be carried out by a combined team of 600 technical experts based in AMEC's London offices.

The two new platforms are due to be installed in 2015, with production scheduled to start in 2016. BP's £4.5 billion capital investment will give access to 640 million barrels of recoverable oil, and see up to 120 thousand barrels per day at peak, extending the life of the field to 2050.

Clair Ridge will be engineered by AMEC to include the latest technology to improve energy efficiency and reduce environmental impact.

"I am proud that our large team of technical experts is helping to deliver the next phase of this pioneering project," said Neil Bruce, Chief Operating Officer of AMEC. "As well as creating hundreds of UK jobs, the development will help to ensure jobs in the industry and the UK's energy security in the future. The award of this latest phase is a mark of confidence in the future of the North Sea, in AMEC's engineering expertise and in our ability to deliver."

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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