Wood Group wins multiple contracts in Africa

WOOD GROUP (JOHN) PLC - Wood Group wins multiple contracts in Africa

PR Newswire

London, March 20

Wood Group has secured 11 new contracts in Africa totaling approximately $240million. The contracts were awarded over the last 12 months to Wood Group PSN,Wood Group GTS and Wood Group Mustang for projects in five African nations.

Wood Group PSN, which provides brownfield production services, won contracts toprovide operations & maintenance and construction services to clients inEquatorial Guinea, Chad and Algeria.

Wood Group GTS, specialists in rotating equipment solutions, has secured along-term service agreement covering two GE Frame 9E gas turbines for anoperator in Ghana.

Wood Group Mustang, the process & facilities group of Wood Group Engineering,is providing detailed engineering for wellhead platforms, a productionprocessing platform and a living quarters platform for an offshore project inAngola.

James Crawford, Wood Group PSN's managing director for Africa, said: "We arecommitted to building a sustainable business in Africa and are very clear aboutthe countries and projects which we target, knowing where and how our expertisecan enhance our customer's operations. Creating opportunities for localtraining and employment, Wood Group employs over 3000 people in 11 countriesacross Africa. It is a key operating region, and these wins feed our ongoinggrowth strategy for the continent."

Michele McNichol, Wood Group Mustang executive vice president, stated: "Ourcommitment to building relationships and bringing economic value to Africancountries continues with recent project activity in the region. We areexpanding our history of successful project delivery to support the developmentof energy resources in this key oil & gas region and in providing careeropportunities for local personnel."

Notes to Editors:

Wood Group is an international energy services company with around $7bn sales,employing about 43,000 people worldwide and operating in 50 countries. TheGroup has three businesses - Wood Group Engineering, Wood Group PSN and WoodGroup GTS - providing a range of engineering, production support, maintenancemanagement and industrial gas turbine overhaul and repair services 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. Employing over29,000 people in more than 40 countries, Wood Group PSN offers high integrity,brownfield services that support customers to optimise performance, maintainproduction, reduce operating costs and provide integrity assurance.www.woodgroup-psn.com.

Wood Group Mustang is a global project management, engineering, procurement,and construction operations company serving the upstream oil and gas, refiningand chemicals, pipeline, automation and control, and industrial markets. It hasoffices in the United States, Latin America, Canada, United Kingdom, India,Malaysia, West Africa and the Middle East. For more information, visitwww.mustangeng.com.

Wood Group GTS is a leading independent provider of rotating equipment servicesand solutions for clients in the power and oil & gas markets. Worldwide, theseservices include: power plant engineering, procurement and construction;facility operations & maintenance; repair & overhaul, optimisation and upgradeof gas, wind and steam turbines, pumps, compressors and other high-speedrotating equipment. www.woodgroupgts.com

For further information contact

Media enquiries:

Carolyn Smith, Corporate Communications - Eastern Hemisphere, Wood GroupTel: +44 (0) 1224 851099, email: [email protected]

Bobbie Ireland, Corporate Communications - Americas, Wood GroupTel: +1 (281) 828 3505, email: [email protected]

Investor and analyst enquiries:Nick Gilman, Head of Investor Relations & Corporate Communications, Wood GroupTel: +44 (0) 1224 851404, email: [email protected]

Andrew Rose, Investor Relations Manager, Wood GroupTel: +44 1224 532716, email: [email protected]