WOOD GROUP (JOHN) PLC: Wood Group GTS JV secures contract in Kazakhstan

WOOD GROUP (JOHN) PLC: Wood Group GTS JV secures contract in Kazakhstan
3 April 2014 
Wood Group GTS joint venture secures contract in Kazakhstan's Kashagan oil
KTR-WG Turbine Services LLP (KTR-WG), a joint venture between Wood Group GTS
and KazTurboRemont (KTR), has been awarded a long-term service agreement by the
North Caspian Production Operating Company (NCPOC) in Kazakhstan. 
The joint venture will support the critical rotating equipment on the Kashagan
project to develop the 5,600km² Kashagan oil field. The contract includes six
GE Frame 6B, two GE Frame 5D, three Siemens SGT-600 and four Rolls-Royce RB211
gas turbines plus all driven equipment, steam turbines, standby diesels and
compressors, fully utilising the diverse range of experience on these engine
types the joint venture is equipped to deal with. 
The KTR-WG team was selected based on their combined capabilities and
experience developed through the provision of services to the gas turbine
market. The contract is for an initial eight year term with further extension
options, and covers the supply of parts, repairs, planned maintenance and
supervisors in-country to manage the full scope of rotating equipment. 
Frank Avery, President of Power Plant Services for Wood Group GTS said:
"Working with KTR we will apply our proven experience in the gas turbine market
to manage the scope of work for NCPOC. By offering a localised service KTR-WG
is able to provide capital parts, repair and 24/7 field service engineers. Our
integrated approach to managed maintenance services will assist NCPOC in
ensuring high availability of their diverse portfolio of rotating equipment." 
Askhat Usserov, General Director for KazTurboRemont, said: "Under the contract
KTR-WG plans to set up a gas turbine component repair facility in Kazakhstan,
signaling our ongoing commitment to train local supervisors." 
Ends - 
Note to Editors: 
Wood Group GTS is a leading independent provider of rotating equipment services
and solutions for clients in the power, oil & gas and clean energy markets.
Worldwide, these services include: power plant engineering, procurement and
construction; facility operations & maintenance; and repair & overhaul,
optimisation and upgrade of gas, wind and steam turbines, pumps, compressors
and other high-speed rotating equipment. www.woodgroupgts.com 
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 is one of the biggest UK headquartered groups active in Kazakhstan
with about 700 people and more than $100million of revenue operating to the
highest safety standards. Wood Group, through its joint venture PSN KazStroy,
is providing conceptual, FEED and detailed engineering design and technical
support to two major operators in Kazakhstan as well as a broad range of
services to other customers. 
KazTurboRemont (KTR) is a leading turbomachinery services provider in the
region. It provides engineering, procurement, construction services, repair and
maintenance of complex technological equipment, including various types of
compressors, steam and gas turbines, pumps, generators and engines, the
production of accessories, components and hardware. Company operates its own
production facility in Atyrau. http://www.ktr.kz/en/ 
North Caspian Production Operating Company was formed in October 2008. The
Republic of Kazakhstan reached an agreement with the seven companies
participating in the NCSPSA to form a new joint operating company, the North
Caspian Operating Company B.V. In January 2009 NCOC formally became the
operator under the NCSPSA contract area including the giant Kashgan field, one
of the largest petroleum developments in the world. Other assets include the
Kalamkas, Aktoty and Kairan fields. Headquartered in the Republic of Kazakhstan
The Kashagan oil field, discovered in 2000, is located in the northern part of
the Caspian Sea close to Atyrau, and is considered to be the world's largest
discovery in the last 40 years. 
For further information contact 
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 
-0- Apr/03/2014 06:00 GMT
Press spacebar to pause and continue. Press esc to stop.