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Re Contract

11th Jan 2005 07:00

Wood Group (John) PLC11 January 2005 11 January 2005 WOOD GROUP ESP AWARDED 10-YEAR CONTRACT IN CHAD WITH ESSO EXPLORATION AND PRODUCTION CHAD INC. Wood Group ESP, part of John Wood Group PLC ("Wood Group"), has been awarded a10-year, performance-based contract to supply electric submersible pumpingsystems and services to Esso Exploration and Production Chad Inc. (hereafterreferred to as "EEPCI"), operator of a Consortium comprising EEPCI, PetronasCarigali (Chad EP) Inc. and Chevron Petroleum Chad Company Limited, which isoperating in the Doba region of southern Chad. The contract includes themaintenance and repair of pumps currently owned by the Consortium together withthe installation, maintenance and repair of new units to be supplied by WoodGroup ESP. "We are delighted to have been awarded this long-term contract in Chad byEEPCI," said Joe Brady, President of Wood Group ESP. "Together with our existingoperations in North and West Africa, the Chad contract will significantly extendour presence on the African continent. The contract covers electric submersiblepumps and ancillary equipment installed in three oilfields in the Doba region ofsouthern Chad. We will make significant investments in facilities and personnel,including the recruitment, coaching and training of local workers. Wood GroupESP will have a core team of more than 50 personnel working on a rotationalbasis in the region." "Wood Group is committed to building long term relationships in the region andsupporting the local community", said Gary Ford, Vice President of InternationalOperations for Wood Group ESP. "With the addition of this new contract in Chad,we are now supporting over 2,000 wells around the world on a long-term basis.This is an important new win and highlights how customers value the efficiencyand run lives of our ESPs." - ends -Note to editorsWood Group is an international energy services company with $2.0bn sales,employing more than 13,000 people worldwide and operating in 34 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 ESP, a Wood Group company, is one of the world's largest electricsubmersible pump manufacturer and service companies. With Worldwide Headquartersin Oklahoma City, the company operates in over 20 countries around the world. Itoffers a comprehensive range of electric submersible and surface pump solutionsto the worldwide petroleum, processing, water and other industries with fluidhandling requirements. For enquiries please contact Carolyn Smith, Corporate Communications, Wood GroupTel: +44 (0) 1224 851099, e-mail: [email protected] Bobbie Ireland, Corporate Communication-Americas, Wood GroupTel: +1 281 828 3505, e-mail: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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