Wood Group awarded extension to contract by TOTAL
8th April 2010
Wood Group awarded extension to existing contract by TOTAL E&P UK
Wood Group has been awarded a significant three-year extension to its existing
contract, plus two optional years, by TOTAL E&P UK LTD ("TOTAL"). Under the
terms of the contract Wood Group will continue to provide engineering design,
procurement, construction and ancillary services to TOTAL's UKCS offshore
assets, Alwyn, Dunbar, Elgin, Franklin, plus St Fergus, TOTAL's onshore site.
The estimated potential value of the contract is up to £50 million per year.
TOTAL first awarded Wood Group the North Sea engineering & construction
contract seven years ago. Following a comprehensive review the decision was
taken by TOTAL to extend the existing contract with Wood Group Engineering
(North Sea).
Alan Curran, Wood Group Engineering (North Sea's) CEO said, "We are absolutely
delighted to have been awarded this key contract extension by TOTAL. It is
testament to our hard work and commitment that Wood Group's long-term
relationship with TOTAL has been extended for a minimum of another three years.
We are totally committed to playing our part to deliver TOTAL's large
investment programme to extend the life of existing UKCS fields. Our track
record of delivering HSE excellence will remain a key goal."
Wood Group Engineering (North Sea's) TOTAL contract currently employs 240
onshore in Aberdeen and Glasgow, plus offshore personnel.
Roland Festor, TOTAL's Managing Director said, "TOTAL E&P UK is continuing to
invest significantly in its UK assets to enhance oil and gas production from
its existing assets by improving existing plant performance. We are extremely
pleased to continue to work with Wood Group, building on previous successes,
technological advances and further improving interfaces and ways of working."
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Notes to editors:
Wood Group is an international energy services company with around $5bn
revenues, employing more than 28,000 people and operating in 50 countries. The
Group has three businesses - Engineering & Production Facilities, Well Support,
and Gas Turbine Services - providing a range of engineering, production
support, maintenance management and industrial gas turbine overhaul and repair
services to the oil & gas, and power generation industries worldwide.
Wood Group Engineering (North Sea) is an international contracting organisation
providing technically and commercially innovative solutions for the management,
operations, maintenance, engineering, design, modification and decommissioning
of offshore and onshore oil & gas facilities.
TOTAL Exploration & Production in the UK - TOTAL has been present in the UK
since 1962. The Group's production is about 220,000 barrels oil equivalent per
day.
TOTAL E&P UK Limited is one of the main oil and gas operators in the United
Kingdom continental shelf where it continues to invest heavily.
Employing around 750 staff at its Aberdeen headquarters, the company's
portfolio includes operatorship of the Alwyn Area fields, the high pressure/
high temperature Elgin and Franklin fields and the St. Fergus Gas Terminal,
together with a number of non-operated fields.
TOTAL E&P UK is committed to sustainable production, optimising safety and
environmental performance. TOTAL E&P UK also contributes to the community in
and around its north-east Scotland base, notably by providing significant
employment opportunities.
For further information contact:
Carolyn Smith, Director, Corporate Communications - Eastern Hemisphere.
Tel: +44 (0) 1224 851099
Email: carolyn.smith@woodgroup.com
Mobile: +44 (0)7834 890297
www.woodgroup.com