Mustang Sets Up Asia-Pacific Base in Australia

Mustang Engineering has extended its global presence with the establishment of operations in the Asia-Pacific region, based in Perth and Melbourne, Australia. These extend Mustang's brand and ability to provide engineering and project management services around the globe. The expansion is a key strategic element in supporting Wood Group Engineering's globalization activities.

Mustang's entry into Australia is being facilitated by Frontier Engineering Solutions Asia-Pacific, a sister Wood Group company known for its expertise in conceptual studies for offshore facilities. Frontier will be re-branded as Mustang Engineering Pty Ltd., and its capabilities will include front end and detail design services, in addition to conceptual studies. Mustang has assumed operational management of Frontier offices in both Perth and Melbourne, and the official re-branding to Mustang is expected to be complete by the end of first quarter 2005. There are approximately 30 employees in Perth and 12 in Melbourne.

"Mustang looks forward to offering our innovative and cost-effective ideas to the marketplace in Australia and the wider Asia-Pacific region. We see exciting opportunities in this market over the next few years, and are looking forward to serving our clients in the region," said Bill Higgs, co-founder/president, Mustang Engineering.

"These are very important steps for both Mustang and Wood Group," said David Phillips, vice president-Asia Pacific, Mustang International. "It will help Wood Group broaden its world-class engineering service, while facilitating further expansion throughout the region for Mustang."

Chet Nelson will lead Mustang's management team in Australia. Chet has been with Mustang since 1996, most recently as project manager for the ExxonMobil Zafiro project. Chet has 20 years of experience in the oil and gas industry, and is a graduate of the University of Colorado with a bachelor's degree in mechanical engineering.