9th May 2016 06:13
LONDON (Alliance News) - John Wood Group PLC on Monday said it won two new contracts to deliver technical services and expertise to "one of the world's leading international oil companies in Iraq" which are together worth USD140.0 million.
The company's subsidiary, Wood Group PSN, will provide front-end engineering design, detailed engineering, project management, procurement services, system completion and commissioning support for operations and start-up on a significant onshore asset in southern Iraq, under the two contracts.
John Wood did not reveal the identity of the field or customer, but said the contracts will create around 100 new jobs.
"These two significant contract wins demonstrate Wood Group's commitment to working closely with key clients to extend our operations in Iraq, where we see a growth market that complements our broad service capabilities, international knowledge and strong expertise," said David Buchanan, eastern region managing director of PSN.
By Joshua Warner; [email protected]; @JoshAlliance
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