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Clair Ridge

North Sea

Amec signals commitment to North Sea, reveals remodeling plans

Amec Foster Wheeler (AFW) today reiterated its commitment to Aberdeen and the North Sea after enjoying a busy six months for the region. AFW said it was “powering ahead” with hook up operations on a number of key North Sea development projects, including Clair Ridge and Quad 204, both of which were creating “good opportunities” for employment. The engineering and project management firm’s Scottish workforce, thought to number around 4,500 people, is largely focused in the Aberdeen area and offshore.

North Sea

Amec posts losses of £450m despite busy first half in North Sea

Record North Sea revenues at Amec Foster Wheeler (AFW) were not enough to prevent first half profits from nosediving at the engineering and project management giant. London-headquartered AFW – a major oil and gas supply chain player – said today it had worked on a number of key North Sea projects during the six months, including hook-up and commissioning for Clair Ridge and Quad 204. Revenues for the Northern Europe and CIS region lifted 3% year-on-year to £759, with oil and gas contributing £570million to that figure.

Video

Video: Incredible time-lapse footage shows Clair Ridge topside installation

This short clip shows the topside being installed on BP's £4.5million North Sea Clair Ridge project. The footage comes after the oil major revealed three huge topside modules had been installed on the "quarters and utilties" (QU) platform following their long journey from a shipyard in South Korea. BP and its project partners - ConocoPhillips, Chevron and Shell - aim to produce 640million barrels of oil over 40 years from the field.