Wood Group wins $120m contract with Babcock

Aberdeen-based engineering giant Wood Group said its has been awarded a five year framework contract with a five year extension option, valued at $120 million, by Babcock International to provide industrial services to a number of its UK sites.

The Aberdeen firm said its Wood Group Industrial Services (WGIS) division will deliver the contract, which maintains the company’s leading position in the UK marine sector.

More than 400 people will be employed on the contract “that builds on Wood Group Industrial Services’ 15 year relationship with Babcock International.”

Hugh Pelham, managing director of WGIS, said: “Securing this new contract is testament to our track record in the marine sector and relationship with Babcock International.

“We have a strong history of delivering marine projects safely, to schedule and to budget.

“I look forward to building on this across further Babcock Group sites, and successfully continuing our long-standing relationship with this key client.”