13th Jul 2016 08:38
LONDON (Alliance News) - Oil services company John Wood Group PLC on Wednesday said it has secured an extension to its master service agreement with US oil and gas firm Apache Corp in the North Sea.
John Wood said it will continue providing subsea engineering and consultancy services to Apache under the agreement, in addition to detailed engineering on future subsea developments across the US company's portfolio in the North Sea.
No financial details were disclosed on the contract extension.
"The extension of this contract to provide our technical solutions support across Apache's North Sea portfolio is testament to our strong, collaborative working relationship with Apache and their confidence in our high standard of service delivery," said John Wood Chief Executive Robin Watson.
John Wood shares were up 0.4% to 701.50 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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