13th Sep 2005 07:00
Wood Group (John) PLC13 September 2005 WOOD GROUP POWER OPERATIONS WINS ADVANCED 'F' TECHNOLOGY GAS TURBINE OPERATIONS AND MAINTENANCE CONTRACT IN THE US Wood Group Power Operations, Inc. ("WGPO"), part of the Gas Turbine ServicesDivision of international energy services company, John Wood Group PLC ("WoodGroup"), has been awarded a 10 year gas turbine operations and maintenance (O&M)contract by the Sacramento Municipal Utility District Financing Authority ("SFA"or "Authority"). The contract involves the provision of full care, custody and control O&Mservices, including mobilization, start up support and O&M services, for twoGeneral Electric Frame 7FA advanced technology gas turbines at the 500MWcombined cycle Cosumnes Power Plant ("CPP") Phase I, located 25 miles south eastof the City of Sacramento in Sacramento County, California, USA. The contractalso allows for O&M services for the Phase II of CPP to be provided by WGPO, ifthe plant's second phase is indeed built and if the Authority retains ownershipof Phase II. Electrical energy produced by CPP will be sold by the SFA to theSacramento Municipal Utility District ("SMUD"), the sixth largest municipalutility in the United States in terms of customers served. Frank Avery, President of WGPO, said: "We are one of the only truly independentO&M providers who, in addition to offering comprehensive professional O&Mservices at highly competitive value driven rates, can also offer the additionaldepth of support required in today's market to our customers through the broadmaintenance and repair capabilities within Wood Group. We are delighted to havean opportunity to bring our unique approach of combining high quality O&Mservices with our value added solutions to the Cosumnes Power Plant."(more) Bob Nelson, SFA's Asset Manager for CPP, said: "We are pleased to see a positiveoutcome from this highly competitive process and I would like to offer mysincere congratulations to Wood Group Power Operations, Inc. Wood Group did whatit took to win the Authority's business and has committed to provide the levelof service that we require and which is commensurate for the task of operatingand maintaining a critical asset such as the Cosumnes Power Plant. We are ahighly involved owner and look forward to working closely with Wood Group andtowards our mutual success." This is the second 'F' technology gas turbine contract win for Wood Group inrecent months, following the announcement in May of the award to Wood GroupIntegrated Plant Solutions of a long term packaged maintenance contract for twoGeneral Electric Frame 7FA gas turbines operated by Interstate Power and LightCompany in Clear Lake, Iowa, USA. -ends- Note to editors Wood Group is an international energy services company with $2.3bn sales,employing more than 14,000 people worldwide and operating in 36 countries. TheGroup has three Businesses - Engineering & Production Facilities, Well Support,and Gas Turbine Services - providing a range of engineering, production support,maintenance management, and industrial gas turbine overhaul and repair servicesto the oil & gas, and power generation industries worldwide. Wood Group Gas Turbine Services is a leading world-wide independent provider ofoperations, maintenance, repair and overhaul services for gas turbines, steamturbines, generators, and other high-speed rotating equipment, including pumpsand compressors. The company also repairs gas turbine accessories and componentsfor industrial and aero customers. Wood Group Power Operations, Inc., part of Wood Group Gas Turbine Services,provides O&M (operations and maintenance) services, technical advisory servicesand integrated plant maintenance solutions to the global energy market,including power generation and thermal production facilities, cogenerationplants and district energy centers. The Sacramento Municipal Utility District ("SMUD") is the sixth largestcommunity-owned electric utility in the U.S. in terms of customers served, andgenerates, transmits and distributes electric power to a 900 square mile servicearea that includes Sacramento County and a small portion of Placer County inCalifornia. The Sacramento Municipal Utility District Financing Authority ("SFA" or"Authority") is a joint powers agency governed by a Commission comprised ofSMUD's Board of Directors. For further information contactCarolyn Smith, Corporate Communications Manager, Wood GroupTel: +44 (0) 1224 851099, e-mail: [email protected] Pauline Morrice, Corporate Communications Executive, Wood Group Gas TurbineServicesTel: +44 (0) 1224 797143, e-mail: [email protected] Or visit the website:www.woodgroup.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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