Amec FW wins Abu Dhabi field contract

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Amec FW wins Abu Dhabi field contract

Amec Foster Wheeler has been awarded an extension to its existing Project Management Consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) oil field. The value of the contract has not been announced.

The contract was award by the Zakum Development Company (Zadco), which operates the field through a venture involving the Abu Dhabi National Oil Company, ExxonMobil and the Japan Oil Development Company.

The UZ750 project commenced in 2008 to redevelop the Upper Zakum (UZ) Field, located 84 kilometres north-west of Abu Dhabi.

The project is recognised as the second largest oil field in the Gulf and comprises four artificial islands with associated drilling and production facilities.

Amec Foster Wheeler’s scope of work includes PMC Services to be delivered as part of an Integrated Project Management team. Zadco will oversee the contractors’ delivery of reimbursable Engineering, Procurement and Construction (EPC) scopes of work, as well as commissioning and start-up support of the facilities. This work is scheduled to complete in December 2017.

Roberto Penno, group president, Asia, Middle East, Africa & Southern Europe, Amec Foster Wheeler, said: “This UZ750 contract win cements Amec Foster Wheeler’s ongoing engagement in this strategically important project. The Middle East is a key growth area for Amec Foster Wheeler and we look forward to continuing our relationship with Zadco on this next important phase of work.”

Amec Foster Wheeler has been engaged on the UZ750 project since June 2008 when it was awarded the initial PMC contract. The UZ750 project is an important investment for both Zadco shareholders and Abu Dhabi, given it will achieve and sustain oil production at one million barrels of oil per day until 2050 and beyond.

Amec Foster Wheeler designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.

Source: Trade Arabia

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.