Wood Group GOM contracts valued at $550 million

Wood Group

Wood Group's business in the Gulf of Mexico (GOM) features annualized revenue totaling more than $550 million. Activity is being driven by three of Wood Group's business units—Wood Group Mustang, Wood Group Kenny and Wood Group PSN—providing engineering, operations and maintenance services across the region.

Wood Group Mustang has designed more than half of the 42 floating facilities currently installed in the deepwater US Gulf of Mexico. Currently, the greenfield process and facilities engineering business is providing engineering services for the topsides of 10 GOM facilities, with the combined potential to add almost one million barrels of oil per day (BOPD) to the world energy supply. 

Wood Group Kenny, specialists in subsea and pipeline engineering, is providing engineering services for nine customers for 12 deepwater GOM projects in water depths from 2,700 feet to 7,000 feet (820 meters to 2,130 meters). Wood Group Kenny's engineering services include FEED and detailed design of subsea developments, design of a deepwater export pipeline, subsea operations support, and integrity management services.   

Wood Group Mustang's and Wood Group Kenny's deepwater expertise often leads to the two businesses providing complementary services on the same project. Both are currently providing technical services on six deepwater GOM facilities, including Chevron's Jack/St. Malo field, the first ultra-deepwater development in the Lower Tertiary Trend.

Adding to Wood Group's GOM activities, Wood Group PSN, the brownfield production services business, was recently awarded a five-year contract by Hess to support the Baldpate, Tubular Bells and Stampede platforms. Services to be provided include operations and maintenance, along with the development of a computerized maintenance management system.

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