Wood Group Extends Contract With ConocoPhillips in the UK
Wood Group PSN (WGPSN) extended one of its longest running projects in the North Sea under a $60 million (GBP 40 million) one year contract extension with ConocoPhillips (UK) Limited.
WGPSN will continue to provide operations and maintenance services, and facilities modifications services to ConocoPhillip’s 50 offshore assets in the Southern and Central North Sea and the onshore Theddlethrope gas terminal in Lincolnshire. Effective immediately, the contract will be supported by 150 onshore and 280 offshore staff in the United Kingdom (UK).
This is one of WGPSN’s longest running and most complex projects, spread across 50 manned and unmanned facilities in the North Sea. ConocoPhillips first awarded WGPSN the contract in 1992.
Dave Stewart, UK managing director for WGPSN said: “We are proud to have worked with ConocoPhillips (UK) Limited for more than 20 years and continue this long-term relationship. The ConocoPhillips project is a key contract in our UK portfolio and we are pleased to receive this extension and further enhance our reputation with a major international company.”
This award follows a string of North Sea contract extensions chalked up by WGPSN in 2013 from CNR, Total E&P UK, Teekey and Ithaca Energy. Most recently WGPSN announced our first life of field contract with Ithaca Energy which will see WGPSN operate and deliver managed services to the Beatrice offshore platforms and Nigg onshore terminal until the end of their operating life.
In the UK, Wood Group now employs more than 11,000 people working onshore and offshore.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- McDermott Settles Reficar Dispute
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea