Wood Group (John) PLC
17 August 2004
17 August 2004
TransCanada Turbines awarded a $37 million long-term service agreement in the
Gulf of Mexico
TransCanada Turbines Ltd (TCT), part of the Gas Turbine Services Division of
John Wood Group PLC ('Wood Group') has been awarded a long-term service
agreement worth $37 million over ten years with BP America Production Company
for eleven General Electric LM2500 gas turbines on three deep-water platforms in
the Gulf of Mexico. Work will begin on the contract mid-2004.
'This agreement brings the experiences of the operator and maintenance company
into collaboration', said Pete Watson, Vice President Wood Group Gas Turbine
Services. 'The contract is innovative because of a warranty structure that was
developed together with the goal to reduce the costs of maintenance while
increasing reliability. TCT will also contribute to the safe work environment
onshore and offshore.'
###
Notes to Editors:
Wood Group is an international energy services company with $2bn revenues,
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 and steam turbine-generator overhaul
and repair services to the oil & gas, and power generation industries worldwide.
TransCanada Turbines Ltd (TCT) is a joint venture between TransCanada Pipelines
and Wood Group, based in Calgary, Alberta. It services General Electric LM2500,
LM2500+ and LM6000, and Rolls-Royce Avon and RB211 industrial aero-derivative
gas turbines for operators in the global oil & gas and power generation
industries.
For further information contact
Carolyn Smith, Corporate Communications Manager, Wood Group
Tel: +44 (0) 1224 851099, e-mail: carolyn.smith@woodgroup.com
Bobbie Ireland, Director Corporate Communications Americas, Wood Group
Tel; +1 (281) 828-3505, email: bobbie.ireland@woodgroup.com
Pauline Smith, Corporate Communications Executive, Wood Group Gas Turbine
Services
Tel: +44 (0) 1224 797143, mobile: 07751 414210, e-mail:
pauline.smith@woodgroup.com
Or visit
www.woodgroup.com
www.tcturbines.com
This information is provided by RNS
The company news service from the London Stock Exchange
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