AMEC secures Indonesian offshore services contract
Thursday, February 14 2002 - 11:56 PM WIB
UK based service company AMEC Plc. on Thursday announced that it had been awarded a key offshore services contract for YPF Maxus, the largest offshore oil producer in Indonesia which is in the process of being acquired by China?s CNOOC.
The contract, awarded to AMEC Berca Indonesia, is valued at US$2.6 million over a 24-month period. It will initially involve delivering specific performance improvements across the client?s northern business unit in Southern Sumatra, which contains 11 offshore platforms. The award follows on from an in-depth maintenance study, which AMEC has carried out for YPF Maxus over the last two years.
AMEC said the contract followed on closely from a similar contract recently awarded to AMEC by BP Indonesia to supply support services for the renovation of large numbers of offshore oil and gas platforms. (alex)