Amec and ConocoPhillips strike deal
Australia 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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