11th Aug 2015 06:46
LONDON (Alliance News) - FTSE 250-listed oil services company John Wood Group PLC on Tuesday said it has been awarded a USD28 million contract by Mexican state-owned oil company PEMEX.
Under the deal, Wood Group Kenny and Wood Group Mustang will provide deepwater and complex shallow water concept and basic engineering services, along with 'owner engineer services', meaning advisory services.
"Mexico's energy reform is leading to significant development of the country's oil & gas industry and Wood Group offers PEMEX unparalleled Gulf of Mexico expertise," said Chief Operating Officer Robin Watson.
"Wood Group Mustang and Wood Group Kenny are the leaders in Gulf of Mexico facilities design and SURF, respectively. Their integrated solution will include best practices for offshore and complex facilities that will help to expand Mexico's offshore capabilities," Watson added.
By Sam Unsted; [email protected]; @SamUAtAlliance
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