Wood Secures Mongstad Refinery FEED Work
Wood announced Monday that it is delivering front-end engineering design (FEED) services for Statoil’s Mongstad refinery near Bergen, Norway, as part of a new contract secured under an existing framework agreement.
Effective immediately, the scope of the contract includes the design, engineering and analysis for modifications to reduce sulphur content in gasoline produced at the refinery. Wood will also focus on the design to upgrade the refinery’s naphtha hydrotreating and storage systems to meet new fuel specifications on the sulphur content of gasoline.
“Wood has developed a strong relationship with Statoil over two decades and this award clearly demonstrates their confidence in our technical capabilities, experience in the onshore process industry and our ability to provide local support and engineering expertise,” Dave Stewart, CEO of Wood’s asset solutions business in Europe, Africa, Asia and Australia, said in a company statement.
“This new contract also supports Wood’s strategic focus on expanding our footprint in the onshore market in Norway and across Europe, providing engineering and technology for the refining process,” he added.
In 2015, Wood secured a six-year main contractor framework agreement worth approximately $400 million to deliver maintenance and modification services to Statoil installations on the Norwegian Continental Shelf.
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