21st Jan 2016 10:32
LONDON (Alliance News) - Oil services company John Wood Group PLC on Thursday said it has signed a collaboration agreement with engineering consultancy Magma Products.
Aberdeen-based Magma will work with Wood Group PSN, John Wood support services unit, to boost John Wood's commissioning services offering.
No financial details on the partnership were disclosed.
"We recognise the niche Magma has carved out in the arena of commissioning and start-up, with a robust process, which complements our own capabilities to manage all the checks, inspections, certification and tests that need to be carried out on components and systems before handover to the operator or duty-holder," said James Crawford, the UK and Africa managing director at Wood Group PSN.
Shares in John Wood were down 0.2% to 556.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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