Amec Foster Wheeler awarded consultancy contract by Sonatrach in Algeria
De-bottlenecking of the Hassi R’Mel gas field, one of the largest gas fields in the world
mec Foster Wheeler announces today the award of a contract by Sonatrach, the largest oil and gas company in Africa, to supply engineering services for the de-bottlenecking of the Hassi R’Mel gas field, located approximately 550 kilometres south of Algiers.
The value of the consultancy contract, to be delivered by experts in Amec Foster Wheeler’s Reading office, has not been announced.
The specialist consultancy work will support Sonatrach’s aim to operate the Hassi R’Mel gas field well into the future, enabling Algeria to remain a major exporter of gas. The engineering design services involve a major flow assurance exercise using Amec Foster Wheeler’s proprietary software to identify future bottlenecks in the gas field gathering network. In addition, the team will undertake detailed pipeline design, compression studies and the multi-disciplined specification of the additional infrastructure required to allow continued production.
We are delighted to be working with Sonatrach again on this major development using our considerable upstream and pipelines expertise, and hope to further build the relationship by supporting them with their future plans in the region.
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 50 countries, the company operates across the whole of the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing and success of contracts, and are generally identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements.
Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.