Amec Foster Wheeler to work on Glen Lyon FPSO for BP
- Business & Finance
Amec Foster Wheeler has been awarded three contracts by BP to provide services to the Glen Lyon Floating Production, Storage and Offloading (FPSO) vessel as part of the Quad 204 Project, located 175 km west of the Shetland Isles, UK.
The FPSO recently started sea trials as it began its journey towards the west of Shetland. The FPSO will serve as the hub for the 450 million barrel Quad 204 development.
According to Amec Foster Wheeler, the three reimbursable contracts are worth £31.5 million ($47.4M) and will create 100 onshore and 50 offshore jobs.
The hook up and commissioning contract, worth £27 million, will run through to June 2017. Amec Foster Wheeler will hook up the new Glen Lyon FPSO to the Schiehallion and Loyal fields as part of the BP’s Quad 204 redevelopment, extending the life of the two fields, enabling them to continue production beyond 2035.
Amec Foster Wheeler says it will also provide follow-on engineering as part of a contract for any residual works that emerge during the transition from the yard in Korea to BP operations. This contract continues to June 2017.
Amec Foster Wheeler adds that its completions and commissioning specialist, qedi, is providing electrical and instrument technicians as part of the commissioning support to the Glen Lyon hook up. This £2 million contract will run through to June 2017.
Alan Johnstone, Amec Foster Wheeler’s Managing Director for Upstream Asset Solutions, said: “We are delighted to work with BP on their Quad 204 redevelopment, which extends field life and contributes to the future sustainability of the Schiehallion and Loyal fields. The three contracts allow Amec Foster Wheeler to demonstrate its leading hook up and commissioning capabilities, whilst ensuring a focus on safe and efficient operations.”