AMEC and SZPE Form New Joint Venture in China

Source: www.gulfoilandgas.com 8/9/2010, Location: Asia

AMEC, the international engineering and project management company, and Shanghai Zone Petrochemical Engineering Co. Ltd (SZPE), a chemical engineering company based in Shanghai, are delighted to announce the formation of a new joint venture in China, SZPE AMEC.

To create the new joint venture AMEC has purchased 35 percent of SZPE, with an option to purchase a further 15per cent on 1 January 2012.

The new venture will allow AMEC for the first time to undertake detailed engineering in China, supporting the company’s long-term presence in the region, and the strategic aim of building capability to support customers.

SZPE AMEC will operate from an existing design office near Shanghai, with a new larger design office already planned also in the Shanghai area. The venture has the advantage of an existing high quality customer base and backlog, and a geographical fit with AMEC’s existing operations in China. SZPE AMEC employs some 120 skilled engineers, with further expansion planned to support new projects.

“This new venture takes us an important step forward in our long association with China,” said Tony Cruddas, President of AMEC’s Growth Regions operations. “It adds a new service to our existing strong positions in project management and basic engineering.”

Ross Gibson, AMEC’s Regional Director for China, added: “The deal provides us with the necessary licences to undertake detailed engineering in China, which in turn supports our strategy to build amore consistent flow of engineering work in the region and achieve our plans for growth.”

Mr Zhang, the owner and General Manager of SZPE said: “I am very pleased to see the creation of SZPE AMEC. Access to AMEC’s expertise in delivering large and complex projects, and in particular their world-class project management and risk management expertise will help SZPE, a relatively new enterprise, grow and give us the opportunity to deliver much bigger projects for our customers.”


United Kingdom >>  8/8/2022 - Seaway 7 ASA is pleased to announce that it has signed a Letter of Award with Moray Offshore Windfarm (West) Limited, to commence early works on the...
Malaysia >>  8/2/2022 - PETRONAS today signed a Memorandum of Understanding (MoU) with six South Korean companies to undertake conceptual and feasibility studies towards esta...

Canada >>  7/28/2022 - Polar Racking announced that they will be supplying PRU ballasted fixed tilt racking and some structural engineering services for two large solar inst...
France >>  7/25/2022 - GTT announces that it has received, in the second quarter of 2022, an order from its partner the Korean shipyard Hyundai Samho Heavy Industries (HSHI)...

Georgia >>  7/22/2022 - SNC-Lavalin Group Inc., a fully integrated professional services and project management company with offices around the world, has been awarded a cont...
United States >>  7/22/2022 - HII announced that its Ingalls Shipbuilding division has been awarded a cost-plus-incentive-fee contract for engineering and design from the U.S. Navy...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.