Wood Group wins multi-million dollar BP deal

Aberdeen-based oil and gas services giant Wood Group has won a multi-million dollar contract to provide engineering services to BP in the Gulf of Mexico, UK and Norwegian continental shelves and offshore Azerbaijan.

The company’s Wood Group Kenny (WGK) division — which specializes in solving complex technological challenges — will deliver “programme, project and integrity management and operational support for subsea projects” under the five year contract.

“This significant contract demonstrates our unique independent model and our ability to deliver a complete portfolio of subsea services across global projects,” said Bob MacDonald, CEO of Wood Group Kenny.

“Wood Group has over 40 years of experience working with BP. We look forward to continuing our close partnership with this long-term client on this project, which will see us provide operational support for many of the assets we helped to design.

“Our key focus will be on effective and efficient delivery in this challenging  climate.”

The BP contract will be carried out from WGK’s offices in Aberdeen, London, Norway, Houston and Baku and adds to WGK’s existing work with BP.

WGK has had a contract since March 2007 to provide engineering and project management services to BP’s portfolio of future subsea projects.

This is Wood Group’s second major contract with BP this year. In February, Massy Wood Group, a company jointly owned by Wood Group PSN (WGPSN) and the energy division of Massy Holdings, started a five year contract with a potential  value of up to $250 million to provide services to BP’s 13 upstream offshore facilities, and two onshore operations in Trinidad & Tobago.

Wood Group makes about $7 billion in annual sales and operates in more than 50 countries.

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Mark McSherry
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