Amec Foster Wheeler announces today the award of a three year Integrated Services Contract (ISC) by Maersk Oil, an international oil and gas company and a fully-owned subsidiary of the global conglomerate, the Maersk Group.
The value of the contract has not been announced.
The integrated services will start in September 2015 and will run for three years, with the potential for a further two year extension.
The provision of integrated services in the UK sector of the North Sea includes project management, engineering services, procurement, offshore construction and offshore operations support. The Amec Foster Wheeler team will make use of the company’s proven ‘more 4 less’ lean and scalable engineering processes and integrated delivery together with Scopus Engineering. Efficiencies from ‘more 4 less’ have been proven to deliver 30 to 60 percent savings, in time and cost, compared to traditional approaches.
I am delighted that our oil and gas team has risen to the challenge of ‘not letting a crisis go to waste’. We have re-written how our services in the North Sea are delivered and have built a new way of working collaboratively, safely and efficiently to answer our customers’ needs in this tough market. I’m delighted that Maersk Oil have recognised that we have a truly different way of delivering efficiently for their assets, and I’m even more delighted that we can deliver significant value for Maersk and look forward to developing a long-term relationship.