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AMEC/Fluor Daniel Joint Venture win Korean Contract

AMEC and 50/50 joint venture services partner Fluor Daniel will participate in South Korea's first offshore gas development following the signing of an initial £6 million two-year services contract with the Korean National Oil Company (KNOC) in Manila, Philippines. The JV will support production, operations and maintenance activities on the new Donghae-1 field development - located 60 km off the coast of South Korea in the East Sea.

The Donghae-1 project will be supported by an integrated AMEC Flour Daniel team of experts based in Seoul and Ulsan with remote engineering assistance provided by AMEC's global support unit in Aberdeen, Scotland and its operational centres in Jakarta and Manila.

Brian Wilson, UK Minister for Energy, attending the contract signing ceremony in Manila, Philippines, said: "It is an extremely exciting concept that operations of this kind can effectively be supported remotely from Aberdeen and other centres in the AMEC network, as necessary. This is an extension of the principle that expertise developed in the North Sea can now be utilised on a global basis, while securing jobs at home and valuable contacts for British companies worldwide."

Donghae-1 includes a fixed offshore platform connected by subsea pipeline to the new Korean National Oil Company onshore terminal located at Ulsan. It is the first hydrocarbon development for South Korea's embryonic oil and gas industry for which the KNOC has already identified a number of future oil and gas developments across South East Asia as part of its future investment programme.


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