Wood Group Mustang Completed Concept Study on Ecopetrol's Oleoducto del Pacifico Initiative

   Wood Group Mustang Completed Concept Study on Ecopetrol's Oleoducto del
                             Pacifico Initiative

PR Newswire

HOUSTON, Nov. 13, 2012

HOUSTON, Nov. 13, 2012 /PRNewswire/ --Wood Group Mustang recently completed
the Phase 1 concept study for Ecopetrol's Oledocucto del Pacifico initiative.
The initiative is a new Colombian pipeline to transport crude from the
oil-rich Llanos, Caguan & Putumayo basin of eastern Colombia across the Andes
Mountains to either Tumaco, in Nariño province or Buenaventura, in Valle del
Cauca province, Colombia's two largest Pacific ports. This pipeline is
expected to be more than 1,550 miles (2,500km) long with multiple pumping
stations and storage terminals on the Pacific coast.

(Logo: http://photos.prnewswire.com/prnh/20120426/MM95878LOGO)

As Colombian oil & gas production hits historic record levels, heavy crude
makes up roughly 60 per cent of the country's output. This will be Colombia's
first pipeline to focus on the Pacific region rather than Caribbean ports and
will substantially increase Colombia's oil exports to Asian markets, which are
experiencing unprecedented growth in crude demand. The highly specialized and
integrated team created to conduct the study included engineers from
Energeticos, Wood Group Mustang's Bogota-based engineering business, and
sister Wood Group company, J P Kenny, to deliver the first phase of this
initiative in record time and under-budget.

"Wood Group Mustang is excited to have assisted Ecopetrol with the first phase
of this pipeline initiative. Our full-service pipeline engineering and field
services will provide excellent support for Ecopetrol in any future phase of
the initiative," said Steve Knowles, president of Mustang.

Wood Group Mustang has completed numerous pipeline projects focused on
improving integrity, safety and increasing crude production for Ecopetrol and
has also provided conceptual engineering services for its downstream
petrochemical operations.

Wood Group Mustang, which  comprises Mustang, Alliance Engineering, IMV
Projects and Energéticos, is a global project management, engineering,
procurement, and construction operations business serving the upstream oil &
gas, refining & chemicals, pipeline, automation & control, and industrial
markets. It has offices in the United States, Latin America, Canada, United
Kingdom, India, Malaysia, West Africa and the Middle East. For more
information, visit www.mustangeng.com.

Energéticos, part of the Wood Group Mustang family of companies, is a
Colombian engineering company with more than 35 years of experience on oil &
gas, petrochemical and industrial projects. Energéticos, with almost 900
employees, has over 420 engineering specialists in various disciplines
providing high-quality engineering services for clients across Latin America.

Wood Group is an international energy services company with $6.bn sales,
employing more than 41,000 people worldwide and operating in 50 countries. The
Group has three businesses – Engineering, Wood Group PSN and Wood Group GTS -
providing a range of engineering, production support, maintenance management
and industrial gas turbine overhaul and repair services to the oil & gas and
power generation industries worldwide. www.woodgroup.com

Ecopetrol is the principal petroleum company in Colombia, as well as its
largest corporation. The company has at least 50 percent ownership in all oil
producing fields in Colombia as well as two refineries, ports for fuel exports
on both Atlantic and Pacific coasts and a transportation network of more than
8,000 km of pipelines and polyducts throughout Colombia.

SOURCE Wood Group Mustang

Website: http://www.mustangeng.com
Contact: Dena Lee, Manager, Marketing Communications, Wood Group Mustang, Tel:
+1 713 215 8315, email: dena.lee@mustangeng.com
Press spacebar to pause and continue. Press esc to stop.