Wood Group Awarded Subsea Work

Published at 10:11AM - 13/07/16

Wood Group announced today it has been awarded a master service agreement (MSA) contract with Apache Corporation in the North Sea.

The Group will continue to deliver engineering and consultancy services to support Apache’s routine operations and maintenance work.

“The extension of this contract to provide our technical solutions support across Apache’s North Sea portfolio is testament to our strong, collaborative working relationship with Apache and their confidence in our high standard of service delivery,” Wood Group Chief Executive, Robin Watson, said.

Wood Group Awarded Subsea Work

The international service company will also provide detailed engineering for future subsea developments across its portfolio of assets located in the North Sea.

Specifically, this entails the Forties and Beryl areas, Scottish Area Gas Evacuation (SAGE) pipeline and the onshore SAGE facility in St. Fergus.

Wood Group CEO Robin Watson
Wood Group CEO Robin Watson

The contract is effective immediately and includes two extension options for one year.

“We look forward to bringing Wood Group’s breadth of subsea consultancy and detailed engineering knowledge and expertise to support key clients in enhancing and optimising their current assets and effectively delivering future subsea developments in the North Sea,” Watson stated further.

Wood Group Continues 4-Year Agreement

Wood Group has held this service agreement with Apache since 2012 and supported various key projects in the North Sea, including the Forties Subsea Isolation Valves (SSIV) project, the Aviat development and most recently, the Ness Nevis development.

Wood Group will be one of the companies to be most affected by the new contract strategy announced by Repsol Sinopec Resources UK, which will see up to 750 of its staff move over to other employers which have signed onto the framework deal.

The Group provides a range of engineering, production support and maintenance management services to the oil and gas sector, with approximately US$6 billion (£4.51 billion) in sales and operations in more than 50 countries.