Re Contract
Wood Group (John) PLC
13 September 2005
WOOD GROUP POWER OPERATIONS WINS ADVANCED 'F' TECHNOLOGY GAS TURBINE OPERATIONS
AND MAINTENANCE CONTRACT IN THE US
Wood Group Power Operations, Inc. ('WGPO'), part of the Gas Turbine Services
Division of international energy services company, John Wood Group PLC ('Wood
Group'), has been awarded a 10 year gas turbine operations and maintenance (O&M)
contract by the Sacramento Municipal Utility District Financing Authority ('SFA'
or 'Authority').
The contract involves the provision of full care, custody and control O&M
services, including mobilization, start up support and O&M services, for two
General Electric Frame 7FA advanced technology gas turbines at the 500MW
combined cycle Cosumnes Power Plant ('CPP') Phase I, located 25 miles south east
of the City of Sacramento in Sacramento County, California, USA. The contract
also allows for O&M services for the Phase II of CPP to be provided by WGPO, if
the plant's second phase is indeed built and if the Authority retains ownership
of Phase II. Electrical energy produced by CPP will be sold by the SFA to the
Sacramento Municipal Utility District ('SMUD'), the sixth largest municipal
utility in the United States in terms of customers served.
Frank Avery, President of WGPO, said: 'We are one of the only truly independent
O&M providers who, in addition to offering comprehensive professional O&M
services at highly competitive value driven rates, can also offer the additional
depth of support required in today's market to our customers through the broad
maintenance and repair capabilities within Wood Group. We are delighted to have
an opportunity to bring our unique approach of combining high quality O&M
services with our value added solutions to the Cosumnes Power Plant.'
(more)
Bob Nelson, SFA's Asset Manager for CPP, said: 'We are pleased to see a positive
outcome from this highly competitive process and I would like to offer my
sincere congratulations to Wood Group Power Operations, Inc. Wood Group did what
it took to win the Authority's business and has committed to provide the level
of service that we require and which is commensurate for the task of operating
and maintaining a critical asset such as the Cosumnes Power Plant. We are a
highly involved owner and look forward to working closely with Wood Group and
towards our mutual success.'
This is the second 'F' technology gas turbine contract win for Wood Group in
recent months, following the announcement in May of the award to Wood Group
Integrated Plant Solutions of a long term packaged maintenance contract for two
General Electric Frame 7FA gas turbines operated by Interstate Power and Light
Company in Clear Lake, Iowa, USA.
-ends-
Note to editors
Wood Group is an international energy services company with $2.3bn sales,
employing more than 14,000 people worldwide and operating in 36 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 Gas Turbine Services is a leading world-wide independent provider of
operations, maintenance, repair and overhaul services for gas turbines, steam
turbines, generators, and other high-speed rotating equipment, including pumps
and compressors. The company also repairs gas turbine accessories and components
for industrial and aero customers.
Wood Group Power Operations, Inc., part of Wood Group Gas Turbine Services,
provides O&M (operations and maintenance) services, technical advisory services
and integrated plant maintenance solutions to the global energy market,
including power generation and thermal production facilities, cogeneration
plants and district energy centers.
The Sacramento Municipal Utility District ('SMUD') is the sixth largest
community-owned electric utility in the U.S. in terms of customers served, and
generates, transmits and distributes electric power to a 900 square mile service
area that includes Sacramento County and a small portion of Placer County in
California.
The Sacramento Municipal Utility District Financing Authority ('SFA' or
'Authority') is a joint powers agency governed by a Commission comprised of
SMUD's Board of Directors.
For further information contact
Carolyn Smith, Corporate Communications Manager, Wood Group
Tel: +44 (0) 1224 851099, e-mail: carolyn.smith@woodgroup.com
Pauline Morrice, Corporate Communications Executive, Wood Group Gas Turbine
Services
Tel: +44 (0) 1224 797143, e-mail: pauline.morrice@woodgroup.com
Or visit the website:
www.woodgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange