Wood Group awarded Peregrino contract

Wood Group awarded multimillion dollar engineering and procurement services contract for Statoil’s Peregrino field

HOUSTON, June 28, 2016—Wood Group has been awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services to South Atlantic Holding (owned by Statoil and partner Sinochem) for the development of the Peregrino field wellhead platform C, offshore Brazil. Wood Group Mustang will perform the work for Kiewit Offshore Services (KOS), a leading fabricator for the oil & gas industry.  Wood Group Mustang completed the front-end engineering and design for wellhead platform C in 2015 and previously designed wellhead platforms A and B. 

Michele McNichol, CEO of Wood Group Mustang, said: “Wood Group Mustang’s proven ability to deliver cost-effective and efficient solutions was a key enabler to obtaining the contract.”

This contract adds to Wood Group’s portfolio of services provided to Statoil.  The two companies recently signed a master services agreement for Wood Group to support the lifecycles of Statoil’s onshore and offshore facilities. Wood Group Mustang is currently delivering maintenance and modification services to four Statoil installations on the Norwegian continental Shelf (NCS). Wood Group PSN is also supporting the Peregrino field, providing operations, maintenance and modification services for the existing wellhead platforms, and modification services for the floating production storage and offloading facility.    

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Notes to editors:

Wood Group is an international energy services company with around $6bn sales and operating in more than 50 countries.  The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide. Visit Wood Group at www.woodgroup.com and connect with us on LinkedIn and Twitter.

Wood Group Mustang provides award-winning services to the global energy industry. From concept to completion, Wood Group Mustang delivers project management, construction management, engineering and procurement services to the offshore, onshore, oil sands, pipeline, refining, chemicals, industrial and automation sectors, operating in countries throughout Africa, Asia, Europe, the Middle East, Latin America and North America. For more information, visit www.woodgroup.com/mustang

Wood Group PSN is a global provider of pre-operations, hook up & commissioning, operations & maintenance, engineering, construction, project management, training and decommissioning services to the energy industry. Operating in more than 40 countries, Wood Group PSN offers high integrity, brownfield services that support customers to optimise performance, maintain production, reduce operating costs and provide integrity assurance. www.woodgroup-psn.com

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