Amec and ConocoPhillips strike deal
Australia
SYDNEY , January 4, 2016 – Amec Foster Wheeler (S+S) has been awarded a three-year services contract by ConocoPhillips for the Bayu-Undan offshore development located offshore Australia, the London-headquartered engineering and project management company announced in a Monday statement.
Under the terms of the contract, Amec will provide asset support, operations and maintenance services for the Bayu-Undan development located in the Timor Sea. Within this development, there is a floating storage and offloading facility, three fixed platforms, a remote wellhead platform and a compression, utilities and quarters platform.
As the operator of the field, ConocoPhillips has a 57.2-percent stake, alongside Italy’s Eni (11 percent), oil and gas producer Santos (11.5 percent), Japanese oil company Inpex (11.3 percent) and Tokyo Electric Power and Tokyo Gas (9.2 percent).
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