Wood Group Secures Subsea Engineering Contract with BP

John Wood Group plc has secured a new multi-million dollar contract to provide engineering services to BP's existing subsea infrastructure in the Gulf of Mexico, the UK and Norwegian continental shelves and offshore Azerbaijan.

Under the five year contract, which is effective immediately, Wood Group Kenny will deliver program, project and integrity management and operational support for the subsea projects. The contract will be delivered from WGK's offices in Aberdeen, London, Norway, Houston and Baku and adds to WGK's work with BP globally.

Bob MacDonald, CEO of Wood Group Kenny commented in a company statement:

“This significant contract demonstrates our unique independent model and our ability to deliver a complete portfolio of subsea services across global projects. Wood Group has over 40 years of experience working with BP. We look forward to continuing our close partnership with this long-term client on this project, which will see us provide operational support for many of the assets we helped to design. Our key focus will be on effective and efficient delivery in this challenging climate."

In February Massy Wood Group, a company jointly owned by Wood Group PSN and the energy division of Massy Holdings Limited, commenced a five year contract with a potential value of up to $250 million to provide services to BP's 13 upstream offshore facilities, and two onshore assets, in Trinidad & Tobago.



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