Wood Group enhances Canadian pipeline engineering capability with acquisition of Sunstone

Wood Group enhances Canadian pipeline engineering capability with acquisition 
of Sunstone 
HOUSTON, April 1, 2014 /CNW/ -Wood Group has acquired Sunstone Projects Ltd. 
("Sunstone") of Calgary, Alberta, Canada for C$14.5 million. Sunstone is a 
pipeline consulting company providing engineering, procurement and 
construction management (EPCM) services to clients in the Canadian oil & gas 
industry. Sunstone generated sales of approximately C$21 million in 2013 and 
employs approximately 70 people. 
Sunstone will be rebranded as Wood Group Mustang and operate within its 
Canadian operations. Sunstone will continue to be led by the existing 
management team under Sunstone President Barry Bauhuis. 
Steve Knowles, president of Wood Group Mustang, said: "The Canadian pipeline 
system is expected to expand to ensure access to markets for oil & gas 
produced in Western Canada.  The acquisition of Sunstone will strengthen our 
ability to provide our clients with services in this area. Sunstone's 
capability and geographic presence are complementary to Wood Group Mustang's 
existing pipeline business.  Sunstone has an excellent reputation for pipeline 
project execution and will be an important part of our Canadian growth 
Barry Bauhuis, president of Sunstone, said: "We are extremely excited to be 
joining Wood Group. As a part of a larger integrated engineering group we will 
continue to provide the same great service to existing clients while being 
able to pursue larger and more complex pipeline opportunities." 
Notes to Editors Wood Group is an international energy services company with 
around $7bn sales, employing about 46,000 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.  
Wood Group Mustang provides award-winning services to the global energy 
industry. From concept to completion, Wood Group Mustang provides project 
management, construction management, engineering and procurement services to 
the offshore, onshore, pipeline, refining, chemicals, industrial and 
automation sectors, operating in countries throughout Africa, Asia, Europe, 
the Middle East, Latin America and North America. For more information, visit 
www.mustangeng.com, www.wgmustang.ca or connect with us on Facebook, LinkedIn 
or Twitter. 
Photo - http://photos.prnewswire.com/prnh/20140401/DA94649

SOURCE  Wood Group 
Media enquiries, Bobbie Ireland, Director, Corporate Communications - 
Americas, Wood Group, Tel: +1 281 828 3505, email: 
bobbie.ireland@woodgroup.com; Carolyn Smith, Director, Corporate 
Communications - Eastern Hemisphere, Wood Group, Tel: +44 (0) 1224 851 099, 
email: carolyn.smith@woodgroup.com; Investor and analyst enquiries, Andrew 
Rose, Group Head of Investor Relations, Wood Group, Tel: +44 1224 532716, 
email: andrew.rose@woodgroup.com 
PRN Photo Desk, photodesk@prnewswire.com 
To view this news release in HTML formatting, please use the following URL: 
CO: Wood Group
ST: Texas
-0- Apr/01/2014 06:00 GMT
Press spacebar to pause and continue. Press esc to stop.