Wood Group to service Statoil installations offshore Norway

Offshore staff

SANDEFJORD, Norway Statoil has awarded Wood Group a main contractor framework agreement to provide maintenance and modification services to four installations on the Norwegian continental shelf (NCS).

Wood Group Mustang Norway will provide this support for the Snorre A and B, Grane, and Visund facilities over the six-year contract, with the option of a further four-year extension. The agreement, worth about $400 million, is expected to create approximately 250 jobs.

In addition, Wood Group Mustang Norway has received a competition agreement, which will enable the company to tender for individual projects for Statoil-operated onshore and offshore installations in Norway. This agreement covers a period of 10 years that starts in 1Q 2016.

Otto Søberg, president of Wood Group Mustang Norway AS, said: “This is a breakthrough for Wood Group on the Norwegian continental shelf and we look forward to building on our existing relationship with Statoil.

“The work secured will call for a considerable build-up of the offices in Bergen and Stavanger and we will undergo a recruitment campaign to enhance our key talent and bring the best expertise to the projects.”

12/16/2015

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