AMEC Wins Mafumeira Sul FEED Contract, Offshore Angola

HOUSTON, May 4 /PRNewswire-FirstCall/ -- AMEC, the international engineering and project management company, has been selected by Chevron subsidiary Cabinda Gulf Oil Company Ltd (CABGOC) to perform front-end engineering design (FEED) for a significant portion of the Mafumeira Sul development project, offshore Cabinda Province, Angola. The contract, the value of which has not been announced, is expected to run until mid-2011.

The Mafumeira Sul Project will include a central production platform complex of three platforms, two bridges and a flare tower. Oil and liquefied petroleum gas will be exported to the Malongo Oil Terminal and the Sanha floating production, storage and offloading (FPSO) vessel, respectively.  The project is located in the Mafumeira field, Block 0, in water depths ranging from 150 to 160 feet, and will provide for future development of additional fields in the Southern Malongo area.

"We are pleased to continue our seven-year collaboration with Chevron and CABGOC," said Terrance Ivers, president of AMEC's Houston-based oil and gas business which will manage the work executed in both Luanda and Houston through Paragon Angola.  "Our previous and existing experience working on the Area A Gas Management and Sanha Condensate projects proved valuable in securing the pre-FEED and FEED work for this project."

Ivers noted that the new contract also will boost AMEC's recent commitments to sustainable local content for Angolan oil and gas projects.

"AMEC and Paragon Angola have provided steadily increasing proportions of Angolan personnel on projects for international operators in the expanding West African energy market," said Ivers.  "The Mafumeira Sul project will benefit from this experience, especially when combined with our in-country technical training initiatives."

Simon Naylor, president of AMEC's Natural Resources Americas business, added: "This award, while continuing our successful relationship with delivering projects for Chevron and in Angola, further strengthens AMEC's position and experience portfolio in the development of offshore facilities, following on from recent deepwater awards in the Gulf of Mexico and offshore Brazil."

Notes to editors:

AMEC (LSE: AMEC) is a focused supplier of high-value consultancy, engineering and project management services to the world's natural resources, nuclear, clean energy, water and environmental sectors. With annual revenues of over 2.5 billion pounds Sterling  (US$3.9 billion), AMEC designs, delivers and maintains strategic and complex assets for its customers.  The company employs over 21,000 people in around 40 countries worldwide. www.amec.com  

Paragon Angola is a joint venture company formed by AMEC Paragon and Prodoil.  

Houston-based AMEC Paragon provides consulting, engineering, project management, procurement and construction management services to the oil and gas and pipeline industries. AMEC Paragon serves as the Houston hub for AMEC's global oil and gas business, specializing in onshore and offshore production facilities and pipelines, midstream projects, and subsea systems. amecparagon.com

Prodoil Exploracao e Producao de Hidrocarbonetos, S.A.R.L., is one of a number of companies that form the Veleiro Group (Grupo Veleiro), headquartered in Luanda, Angola.  Veleiro Group serves the oil exploration and production, mining and industrial service sectors of the Angolan and West Africa markets. Prodoil was founded to concentrate on the upstream oil and gas industry in these markets.

A Floating Production, Storage and Offloading (FPSO) unit is a floating vessel used by the offshore industry for the processing and storage of oil and gas.  The FPSO vessel is designed to receive oil or gas produced from nearby platforms or subsea template, process it, and store it until the oil or gas can be offloaded onto a tanker or transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure for exporting the oil and gas.

SOURCE AMEC