Wood Group Win 4 Year Statoil Offshore Contract

Published at 08:59AM - 22/09/15

Oil and gas engineering specialist, Wood Group, have won a 4 year contract from Statoil, for work offshore Brazil.

The contract will see Wood Group provide both maintenance and modification services to the Statoil operated Peregrino oil field,  53 miles (85 km) off the Brazilian coast.

Wood Group’s remit includes all process and production equipment, across the Pelegrino FPSO and two wellhead platforms, the Pelegrino Alpha and Pelegrino Bravo.

The work will see Wood Group continue at the oil field, which it has been involved in since 2009.

Statoil senior vice-president, Pal Eitrheim, said: “We have decided to group these contracts in line with our corporate strategy of simplification, cost optimisation and production efficiency.

“We have been working closely with Wood Group on the Peregrino field and we look forward to strengthening our partnership for the next four years.”