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Wood Group Gulf of Mexico contracts valued at $550 million



          Wood Group Gulf of Mexico contracts valued at $550 million

Supporting nearly 1 million BOPD additional capacity

PR Newswire

HOUSTON, July 9, 2013

HOUSTON, July 9, 2013 /PRNewswire/ -- Wood Group's business in the Gulf of
Mexico is robust, with annualized revenue in the region totaling more than
$550 million. Activity is being driven by three of Wood Group's business
units—Wood Group Mustang, Wood Group Kenny and Wood Group PSN—with more than
3,500 personnel providing engineering, operations & maintenance services
across the region.

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

Wood Group Mustang is a market leader in the design of topsides for floating
facilities and has designed more than half of the 42 floating facilities
currently installed in the deepwater US Gulf of Mexico. Currently, the
greenfield process & facilities engineering business is providing engineering
services for the topsides of 10 Gulf of Mexico facilities, with the combined
potential to add almost one million barrels of oil per day (BOPD) to the world
energy supply.  The engineering services being provided range from:

  o pre-front-end engineering design (pre-FEED) to detailed design for six
    greenfield projects, including two in Mexico's Bay of Campeche;
  o follow-on services for five platforms; and
  o full main automation contractor (MAC) services for two platforms. 

Meanwhile, Wood Group Kenny, specialists in subsea and pipeline engineering,
is providing engineering services for nine customers for 12 deepwater Gulf of
Mexico projects in water depths from 2,700 feet to 7,000 feet (820 – 2,130
meters).

Wood Group Kenny's engineering services include FEED and detailed design of
subsea developments, design of a deepwater export pipeline, subsea operations
support and integrity management services.   

Wood Group Mustang's and Wood Group Kenny's deepwater expertise often leads to
the two businesses providing complementary services on the same project.  Both
are currently providing technical services on six deepwater Gulf of Mexico
facilities, including Chevron's Jack & St. Malo field, the first
ultra-deepwater development in the Lower Tertiary Trend.

Adding to Wood Group's Gulf of Mexico activities, Wood Group PSN, the
brownfield production services business, was recently awarded a five-year
contract by Hess to support the Baldpate, Tubular Bells and Stampede
platforms.  Services to be provided include operations & maintenance and the
development of a computerized maintenance management system.

Across the Gulf of Mexico Wood Group PSN:

  o is supporting almost 70 operators on around 1,400 manned and unmanned
    platforms;
  o has more than 2,900 personnel; and
  o is providing operations & maintenance, measurement and mechanical
    services, commissioning, training and development consulting, and
    specialty services such as medics and safety technicians.

"Wood Group's business has grown significantly since our early days in the
Gulf of Mexico market.  Our success can be attributed to our people, the
relationships they've built with our customers, and their focus on working
safely and seeking to assure the safety of everything we design, construct,
operate and maintain," explained Bob Keiller, CEO of Wood Group.  "Our people
work to understand our customers so we can anticipate their needs and aim to
exceed their expectations.  They are the heart of our business." 

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 40 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.

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

Wood Group Kenny is the world's largest independent specialist subsea,
pipeline and riser engineering and management contractor employing
approximately 2,500 people worldwide. www.woodgroupkenny.com

SOURCE Wood Group

Website: http://www.woodgroup.com
Contact: Media enquiries: Carolyn Smith, Corporate Communications - Eastern
Hemisphere, Wood Group, Tel: +44 (0) 1224 851099, email:
carolyn.smith@woodgroup.com; Bobbie Ireland, Corporate Communications -
Americas, Wood Group, Tel: +1 (281) 828 3505, email:
bobbie.ireland@woodgroup.com; Investor and analyst enquiries: Nick Gilman,
Head of Investor Relations & Corporate Communications, Wood Group, Tel: +44
(0) 1224 851404, email: nick.gilman@woodgroup.com; Andrew Rose, Investor
Relations Manager, Wood Group, Tel: +44 1224 532716, email:
andrew.rose@woodgroup.com
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