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Wood Group (John) PLC 09 November 2004 9 November 2004 WOOD GROUP CONTINUES GLOBAL EXPANSION OF ENGINEERING OPERATIONS - ESTABLISHMENT OF MUSTANG ENGINEERING LONDON OFFICE & ACQUISITION OF WOODHILL ENGINEERING CONSULTANTS John Wood Group PLC ('Wood Group') has expanded its Eastern Hemisphere engineering base in London. Subsidiary Mustang Engineering, the leading offshore engineering design house in Houston, has opened a new office in London as part of its global expansion strategy. Tony Cruddas has been appointed the Chief Operating Officer ('COO') with responsibility for developing Mustang's engineering and project management services in Upstream, Midstream and Downstream into Europe, Africa, Middle East and the Former Soviet Union. Wood Group is also pleased to announce the acquisition of Woodhill Engineering Consultants ('Woodhill') to enhance its London-based engineering capability. Woodhill provides a wide range of engineering consultancy services to clients in the Eastern Hemisphere oil & gas industry. Frontier Engineering, Wood Group's facilities consultancy company in the UK, will be integrated with Woodhill, as Woodhill Frontier, under the direction of Bill Hobbs, the former owner of Woodhill, who will report to Tony Cruddas. Woodhill Frontier will expand their capability in facilities and safety consultancy, and in concept definition and FEED for small field developments, and will provide a resource base to support the Mustang operation. 'A key medium-term strategic focus is to continue to globalise Wood Group's engineering activities,' said Trevor Noble, Board Director responsible for the Group's engineering activities. 'In order to target important growth regions in the Eastern Hemisphere, we are enhancing our London-based capability. We will achieve this by building on Mustang's expertise and reputation, and the capability and service offering of our London-based operations, including Woodhill'. 'The move to establish a Mustang European office is in response to customer demand and we will be providing unique and cost effective solutions to them in the Eastern Hemisphere,' said Tony Cruddas. 'We are looking forward to the challenge of translating Mustang's great success in the Americas into achieving leading positions in our key areas of Upstream, Midstream and Downstream engineering within the important markets of Europe, Middle East, Africa and the Former Soviet Union. We are also pleased to welcome Woodhill into the Group and will be looking to expand their current service offering'. - ends - Notes to editors: Wood Group is an international energy services company with more than $2.0 bn sales, employing more than 13,000 people worldwide and operating in 34 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 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. Mustang Engineering, a Wood Group company, is an independent services provider to the domestic and international oil, gas and chemical industries. Mustang is the market leader worldwide in the engineering design of deepwater facilities and has been involved in over half of the deepwater facilities in the Gulf of Mexico. Mustang specializes in design, engineering, procurement, project management and construction management of upstream oil and gas facilities and structures, midstream projects, process plants, petrochemicals and chemicals, pharmaceuticals, pipelines, and automation and control projects. Office locations include Houston, Texas; Tampa, Florida; Birmingham, Alabama; Savannah, Georgia; Monroe, Louisiana; Martinez, California; Columbus, Ohio; and Philadelphia, Pennsylvania. For further information contact: Carolyn Smith, Corporate Communications Manager. Tel: +44 (0) 1224 851099 email: carolyn.smith@woodgroup.com Mobile: +44 (0) 7775 620633 Brunswick Patrick Handley / Nina Coad Tel: 020 7404 5959 www.woodgroup.com This information is provided by RNS The company news service from the London Stock Exchange CDK
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