Wood Group JV Wins Wellhead Equipment Contract from PDVSA
Wood Group Amesa, S.A., a joint venture company owned by international energy services company John Wood Group PLC and a local Venezuelan partner, has been awarded a five-year contract valued at more than $200 million by PDVSA to provide wellhead equipment for use in Venezuela's onshore and offshore fields.
As part of the agreement, WG Amesa will manufacture and install low-pressure wellheads and Christmas trees used in three distinctly different production field applications, including natural flow, artificial lift and steam injection. In addition, WG Amesa will provide maintenance for the equipment and manage an inventory of small parts.
"Over the years we have developed an excellent working relationship with PDVSA as a supplier of surface wellhead equipment," said Scott Bender, president of Wood Group Pressure Control, the Houston-based company to which WG Amesa reports. "Our commitment to local manufacturing and assembling of equipment used in various production field applications and providing first-class service was instrumental in receiving this contract."
To support the new contract, WG Amesa will invest in new equipment for its Maracaibo facility and hire additional service technicians and engineers.
Operates 14 Offshore Rigs
Manages 26 Offshore Rigs
- Algeria Sends More Oil To Cuba As Venezuelan Supplies Fall (Jan 10)
- Venezuela's PDVSA At Risk Of Losing Bonaire Terminal Over Maintenance Delay (Dec 19)
- Paralysis At PDVSA: Venezuela's Oil Purge Cripples Company (Dec 15)
Company: Wood Group more info
- Wood to Design Pioneering LNG Platform (Oct 17)
- Wood Group Wins Total Refinery Maintenance Contract (Oct 11)
- Ichthys LNG Subsea Contract Goes to Wood Group (Sep 06)