LONDON--AMEC PLC (>> AMEC plc), an international engineering and project management company, said Monday it has been appointed by Nexen Petroleum U.K. Ltd., a wholly-owned subsidiary of CNOOC Ltd. (>> CNOOC Limited), to provide engineering, procurement and construction services for their North Sea offshore assets.
-Reimbursable contract will run for six years, with the option of two extensions, each for a further two years.
-It is estimated that 150 jobs will be created onshore and offshore to support the contract's operations.
-No financial details disclosed.
-Work will cover operational modifications and brownfield projects.
-Shares at 0830 GMT up 5 pence, or 0.46%, at 1082 pence valuing the company at 3.21 billion pounds.
-Write to Ian Walker at email@example.com