|
GREENVILLE, S.C., Feb. 24, 2004 -- AMEC, the international engineering services company with major operations in the U.S., will play an important role in the restoration of Iraq following the award of work worth US$154 million to Fluor Corporation, on which AMEC will act as prime subcontractor.
The work, which involves restoration of damaged power generation, transmission and distribution systems, positions AMEC well for future restoration contracts and reflects the company's status as one of the largest and most experienced engineering services businesses in the world.
Fluor secured the work through its contract with the US Army Corps of Engineers (USACE), which will involve task orders worth up to US$1.5 billion to Fluor over the next five years, to provide services to the US Central Command area of operations, which includes Iraq.
AMEC Senior Vice President Ed Welsh, responsible for AMEC's Americas Iraq operations, said: "Fluor and AMEC will begin work immediately on this power contract and, as further needs are identified by USACE, may be called upon to provide a full range of engineering and construction services, including new work, restoration or repair and operation and maintenance services."
The two companies also confirmed today that, through their Fluor/AMEC joint venture, they are bidding for other contracts to be awarded by the Coalition Provisional Authority related to power generation and transmission, water treatment, transportation and other public works in Iraq.
Sir Peter Mason, AMEC Chief Executive said: "The task of restoring Iraq's vital infrastructure is absolutely critical, if the country is to move forward, and the Iraqi people are to achieve something approaching normal life. We see AMEC and Fluor as the natural choice to undertake this job."
AMEC also announced that it has appointed a managing director for the company's operations in Iraq. Christopher Wilkinson joins AMEC from Intergen, an independent power developer, where he was Vice President and Country Manager for Turkey and the surrounding regions and was responsible for the development, financing and construction of 3800 MW of new gas fired power generation.
The power-related work that Fluor and AMEC will be undertaking includes the rehabilitation of generation capacity in Baghdad, the reconstruction of a 132 kV transmission line in northern Iraq and the restoration of a water intake facility at a thermal power station in southern Iraq.
However, Sir Peter said that the uncertain environment in Iraq where contracts could change or be delayed at any time meant AMEC would take a cautious view of the value of contracts in Iraq. "We believe that any projections must be regarded as provisional at this stage," he noted.
AMEC also stressed that safety would be of paramount importance and that it would be retaining its own security services in addition to the security teams provided by the coalition forces.
AMEC plc, the international engineering services company, provides design, project delivery and maintenance support to clients in the oil and gas, transport, industrial and infrastructure sectors. AMEC generates annual revenues of some $8 billion and works at the local, national and international levels, employing some 45,000 people throughout the UK, continental Europe, the Americas and some 40 countries worldwide. For more information, visit www.amec.com.
With Operational Headquarters for its Americas operations in Toronto, Ontario, AMEC employs more than 7,000 staff throughout North and South America. Of that number, approximately 3,000 are based in Canada and 2,900 are based in the United States.
Fluor Corp. provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Aliso Viejo, Calif., Fluor is a Fortune 500 company with revenues of nearly US$9 billion in 2003. For more information, visit www.fluor.com.
AMEC is currently bidding for further work in Iraq:
* Via its joint venture company Fluor AMEC LLC (51% Fluor and 49% AMEC) AMEC is bidding for work packages in Iraq to be awarded by the Coalition Provisional Authority. These contracts cover power generation and transmission, water treatment works, transportation and other public works.
The joint venture builds on a successful long-term relationship first established in 1998. Fluor and AMEC are currently working together in the United States, Canada, Angola, South Korea, the Philippines and Australia.
* AMEC is also bidding for Iraqi reconstruction work via its existing contract with the US Air Force Centre for Environmental Excellence (AFCEE) which covers environmental restoration and construction services worldwide. Under this contract, for which AMEC is one of a selected number of contractors, AFCEE's Worldwide Environmental Restoration and Construction (WERC) programme has an initial spending of US$4 billion although the Air Force has a provision to raise the spending ceiling to US$10 billion during the programme's five-year ordering period.
| 
Articles 
| View all PennWell sites | View all PennWell events
Add RSS Feed
