Wood Group PSN extends major North Sea TAQA con...

Tuesday 14 June 2011

Wood Group PSN extends major North Sea contract with TAQA Bratani Limited

Wood Group PSN has extended its contract with TAQA Bratani Limited for a
further 5 years. Under the services contract Wood Group PSN will provide
operations & maintenance support and engineering & construction services to
TAQA's Cormorant Alpha, North Cormorant, Tern and Eider platforms in the
Northern North Sea.

The contract marks a continuation of the previous Duty Holder and integrated
facility management services contract awarded to Wood Group in November 2008.

Robin Watson, UK Managing Director for Wood Group PSN said: "We are delighted
to continue our long term relationship with TAQA and see this as a great
opportunity to continue supporting our client to deliver on its North Sea
business objectives. This contract extension is also an endorsement of the
value we have added to TAQA's investment and delivery over the past three
years, and underlines the benefits of a long-term, mutually aligned business
relationship."

Leo Koot, managing director of TAQA Bratani, said: "We value the long term
relationship that we have built with Wood Group over the last few years and
will now continue with Wood Group PSN. Their understanding of the TAQA assets
will be a vital in targeting the next level of operational efficiency from our
mature installations."

Wood Group PSN has approximately 600 personnel under the contract with TAQA -
200 onshore and 400 offshore.

Across the UK, Wood Group PSN has a workforce of almost 7000 personnel. With
offices in Aberdeen, Glasgow, Runcorn and Hull the company has over 2900
onshore and approximately 4000 offshore personnel.

-Ends-

Notes to editors:

Wood Group is an international energy services company with $5.5bn sales,
employing more than 34,000 people worldwide and operating in 50 countries. The
Group has three businesses - Engineering, Wood Group PSN 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. www.woodgroup.com


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. Employing over
23,000 people in more than 35 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


TAQA Bratani Limited is a fully integrated upstream exploration and production
company working in the United Kingdom Continental Shelf (UKCS). Based in
Aberdeen, Scotland, the company is wholly-owned by the Abu Dhabi National
Energy Company PSJC (TAQA).

For further information contact:

Carolyn Smith, Director, Corporate Communications - Eastern Hemisphere, Wood
Group
Tel: [phone], email: [e-mail]

Bobbie Ireland, Corporate Communications - Americas, Wood Group
Tel: [phone], email: [e-mail]

Photographs are available on request.