Wood Group awarded subsea work
UK
LONDON, October 29, 2015 – Wood Group has been awarded a global subsea contract by BP, the UK-listed subsea services provider announced on Thursday. The financial details of the contract have yet to be disclosed.
The five-year contract stipulates that Wood Group Kenny, a subsidiary of Wood Group, will provide subsea services on BP’s subsea infrastructure located in the Gulf of Mexico, Azerbaijan, the UK and the Norwegian continental shelves.
The agreement follows a $250-million services contract signed in February between BP and Massy Wood Group, a company owned by the Wood Group and Massy Holdings. The contract covers BP’s Trinidad and Tobago assets, which include 13 offshore facilities and two onshore assets.
Image courtesy of Wood Group.
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