Wood Group has secured a new five year framework agreement with Valero Energy, an international manufacturer and marketer of transportation fuels, petrochemical products and power. Effective immediately, Wood Group Industrial Services (WGIS), Wood Group PSN's industrial service line business, will provide services to the onshore Pembroke refinery in south west Wales.
The contract signifies an important expansion for Wood Group into the UK petrochemical sector. WGIS will deliver surface preparation and application of protective coatings under the contract, which has a one year extension option.
In 2015, WGIS secured more than $300m of new contracts.