AMEC Awarded GBP110 Million North Sea Contract Extension from BG Group
June 10 2013 - 2:47AM
Dow Jones News
LONDON--AMEC PLC (AMEC.LN), an international engineering and
project management company, said Monday that it has been awarded a
two-year contract extension valued at around 110 million pounds
from BG Group PLC (BG.LN), to continue to provide engineering,
procurement, construction, commissioning and project management
support for all of BG Group's facilities in the central North
Sea.
MAIN FACTS:
-The contract is scheduled to run through to December 2015. The
extension follows on from the original three-year contract award in
2011.
-AMEC shares closed Friday at 999.0 pence, valuing the company
at GBP2.97 billion.
-Write to Razak Musah Baba at razak.baba@dowjones.com
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