Amec wins £255m Kuwait project

International engineering and project management company Amec has won a £255m consultancy contract with Kuwait Oil Company. The five-year agreement renews a decade-long working relationship between the companies. “The contract is further evidence of our success in this strategically important region”, said Alan Armstrong, Amec’s Operation Directors in Kuwait. Nonetheless, shares in the company closed down 0.5 per cent at 1,081p.