AECOM To Deliver Enabling Infrastructure Works To Shell
Zacks Investment Research | Sep 20, 2016 09:39PM ET
AECOM (NYSE:ACM) has signed a framework agreement with Shell (LON:RDSa), under which the global engineering consultancy firm will deliver enabling infrastructure works (“EIW”) for major projects globally.
To elaborate, AECOM could deliver project elements like roads, airstrips, rail, marine structures, telecommunications, power, water and sewerage systems, as well as offices, warehouses and employee accommodation.
Shell has started a new trend to develop close integration between some selected, expert infrastructure providers and Shell’s oil & gas contractors, and the EIW agreement is a part of this initiative. The steps will facilitate accelerated infrastructure delivery and greater participation from the local supply chain.
Shell’s initiative emphasizes the crucial role of infrastructure works in enabling smooth and successful delivery of capital-intensive mega projects.
AECOM’s unparalleled capabilities in the planning, design and integrated delivery of vital infrastructure, specifically for the oil & gas sector, remain a robust, differentiating growth driver for the company. It also has the ability to customize its range and scale of services as required for multi-national organizations, like those in energy, chemicals and extractive industries, which further fortifies its leadership position.
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