Amec Foster Wheeler announced today that it has been awarded a major contract by Brunei Shell Petroleum Sdn Bhd (BSP) for the rejuvenation of assets in Brunei .
The work includes concept, Front End Engineering Design (FEED), detailed design, construction, completions and commissioning, marine management, fabrication management, procurement, and project management. The contract will run for five years from March 2017, with two one-year options to extend, and includes Brunei Shell Petroleum's oil and gas assets in the South China Sea.
I'm delighted that Amec Foster Wheeler has been selected to deliver such an important contract for Brunei Shell Petroleum. We are bringing together Amec Foster Wheeler's unique combination of brownfield expertise, 'More 4 Less' methodology, global capabilities, and long-term customer relationships to maximise the value of Brunei Shell Petroleum's assets in Brunei.
Amec Foster Wheeler's proven 'More 4 Less' lean engineering methodology, originally developed to meet the challenges of the mature North Sea oil and gas industry, will play an important role in the contract with Brunei Shell Petroleum. Efficiencies from 'More 4 Less' have delivered Amec Foster Wheeler's customers savings of up to 60% in time and cost, compared to traditional approaches.
As part of the contract, a significant local development in is planned, including the creation of over 300 local Bruneian jobs, using the local supply chain that will develop local skills and capabilities through the lifetime of the project.