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WOOD GROUP (JOHN) PLC: Wood Group PSN achieves UK contract extension


WOOD GROUP (JOHN) PLC: Wood Group PSN achieves UK contract extension March 27, 2013

Wood Group PSN achieves significant UK contract extension

Wood Group PSN (WGPSN) has achieved a significant three year, North Sea contract extension from CNR International U.K. Ltd (CNRI).

The contract is to provide project management, engineering, construction and general commissioning services on CNRI's Murchison, Tiffany, Ninian North, Central and South platforms in the North Sea. WGPSN has held this contract since 2005 and the extension is effective immediately.

David Stewart, UK managing director of WGPSN said:

"This is a major contract extension and enables us to secure employment for 200 offshore personnel and 250 onshore employees, working from our offices in Aberdeen, Runcorn and Hull. We look forward to continuing our long term working relationship with CNRI."

In the UK, WGPSN now employs more than 8,000 people working onshore and offshore. The company has UK offices in Aberdeen, Glasgow, Runcorn and Hull.

ENDS -

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. The Group has three businesses - Wood Group 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

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 over 29,000 people in more than 35 countries, Wood Group PSN offers high integrity, brownfield services that support customers to optimise performance, maintain production, reduce operating costs and provide integrity assurance. www.woodgroup-psn.com

Canadian Natural is an independent oil and natural gas production company, based in Calgary, Alberta, with operations in its core areas located in Western Canada, the UKCS and Offshore Africa. The company's international operations are managed by CNR International from its Aberdeen office, where the company employs around 400 staff and contract employees. The company operates six installations in the North Sea, employing or contracting a significant offshore workforce. In Africa, the company operates four further offshore producing fields, three in the Ivory Coast and one in Gabon.

For further information contact:

Kerry Sedge, communications manager, Wood Group PSN Tel: +61 4 175 78000, email: kerry.sedge@woodgroup.com

Carolyn Smith, Director, Corporate Communications - Eastern Hemisphere, Wood Group Tel: +44 (0) 1224 851099, email: carolyn.smith@woodgroup.com

END

-0- Mar/27/2013 07:00 GMT

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