WOOD GROUP (JOHN) PLC: North Sea contract success continues for WGPSN 25 June 2013 North Sea contract success continues for WGPSN Wood Group PSN (WGPSN) has extended one of its longest running projects in the North Sea under a $60 USD million (£40million GBP) one year contract extension with ConocoPhillips (UK) Limited. WGPSN will continue to provide operations and maintenance services, and facilities modifications services to ConocoPhillip's 50 offshore assets in the Southern and Central North Sea and the onshore Theddlethrope gas terminal in Lincolnshire. Effective immediately, the contract will be supported by 150 onshore and 280 offshore people in the UK. This is one of WGPSN's longest running and most complex projects, spread across 50 manned and unmanned facilities in the North Sea. ConocoPhillips first awarded WGPSN the contract in 1992. Dave Stewart, UK managing director for WGPSN said: "We are proud to have worked with ConocoPhillips (UK) Limited for more than 20 years and continue this long-term relationship. The ConocoPhillips project is a key contract in our UK portfolio and we are pleased to receive this extension and further enhance our reputation with a major international company." This award follows a string of North Sea contract extensions chalked up by WGPSN in 2013 from CNR, TOTAL E&P UK, Teekey and Ithaca Energy. Most recently WGPSN announced our first life of field contract Ithaca Energy which will see WGPSN operate and deliver managed services to the Beatrice offshore platforms and Nigg onshore terminal until the end of their operating life. In the UK, Wood Group now employs more than 11,000 people working onshore and offshore. 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 28,000 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 For further information contact: Carolyn Smith, Corporate Communications Director - Eastern Hemisphere, Wood Group Tel: 01224 851099, email: firstname.lastname@example.org Bobbie Ireland, Corporate Communications Director - Western Hemisphere, Wood Group Tel: +1 281 828-3505, email: email@example.com END -0- Jun/25/2013 06:00 GMT
WOOD GROUP (JOHN) PLC: North Sea contract success continues for WGPSN
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