The 'Behind Closed Doors singer would love to team up with the troubled singer, who is currently recording her third album, after learning she is a fan of his.
Peter said: 'I think Amy is an absolutely incredible singer, and I would be thrilled to work with her at some point.
'I know shes had her fair share of troubles, but I think shes a lovely girl who just needs a cuddle.
'I have bumped into her goddaughter Dionne Bromfield at a few things over the last year. Dionne always tells me how much Amy likes me, and how every time Im on TV, she points at the TV and says, 'Theres my Pete! '
The 36-year-old singer who split from wife Katie Price last March - also revealed that 2010 has been a good year for him so far following the emotional upheaval of 2009.
He told new! magazine: 'Im so much more relaxed and happier than I was last year, and I feel like Ive got nothing but good things ahead. Life is full of highs and lows and this definitely feels like its going to be a great year.'
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