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Massy Wood Group wins $250 million BP contract

13th May 2015 07:00

WOOD GROUP (JOHN) PLC - Massy Wood Group wins $250 million BP contract

WOOD GROUP (JOHN) PLC - Massy Wood Group wins $250 million BP contract

PR Newswire

London, May 12

13 May 2015 Massy Wood Group wins $250 million BP contract Massy Wood Group has been awarded a five year contract, with a potential valueof up to $250 million, by BP to provide services to its operations in Trinidad& Tobago. The company, which is jointly owned by Wood Group PSN (WGPSN) and the energydivision of Massy Holdings Limited, will deliver engineering, procurement andconstruction services to BP's 13 upstream offshore facilities, located withinthe Greater Cassia and Greater Mahogany areas. The onshore Galeota PointTerminal and Beachfield facilities are also included in the scope of thecontract, which is effective immediately. Massy Wood Group has a nine-year history of working with BP in Trinidad &Tobago and currently delivers an integrated maintenance service to the same 15assets under a renewed five year contract secured in January 2012. This is the second major contract that Wood Group has secured with BP in recentmonths. In January, WGPSN began a five year contract to provide engineering,procurement and construction services to six UK continental shelf (UKCS)offshore upstream assets and the Forties Pipeline System (FPS) onshoremidstream facilities in Grangemouth. Neil Harvie, executive vice president for operations, WGPSN Americas, said:"Wood Group has more than 40 years of experience working with BP across itsglobal operations, which positions us strongly to understand the assets andwork collaboratively, safely and innovatively to maximise productivity. Thislong-term relationship and assurance of our ability to deliver has secured thenew contract in Trinidad & Tobago, where we will replicate the high standardsand best practice demonstrated elsewhere for this key client." -ends- Notes to editors: Wood Group is an international energy services company with over $7bn sales,operating in more than 50 countries. The Group is built on Core Values and hasthree businesses - Wood Group PSN, Wood Group Kenny and Wood Group Mustang -providing a range of engineering, production support and maintenance managementservices to the oil & gas, and power generation industries worldwide.www.woodgroup.com Wood Group PSN is a global provider of pre-operations, hook up & commissioning,operations & maintenance, engineering, construction, project management,training and decommissioning services to the energy industry. Operating in morethan 40 countries, Wood Group PSN offers high integrity, brownfield servicesthat support customers to optimise performance, maintain production, reduceoperating costs and provide integrity assurance. www.woodgroup-psn.com For further information contact: Wood Group, Press Office

Tel: +44 (0) 1224 532569, email: [email protected]


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