Thursday, 17 January 2013

Aberdeen firm Wood Group secures $50m North Sea deal


Energy services provider Wood Group has won a $50m (£31m) contract for a major UK North Sea development.

The Aberdeen-based firm's brownfield services division will hook-up and commission the Golden Eagle Area Development (GEAD) project on behalf of Nexen Petroleum UK.

Wood Group PSN (WGPSN) will provide management, labour, materials, services and equipment for the project.

First oil is expected to flow from the field in late 2014.

Golden Eagle, which lies about 68 miles north east of Aberdeen, will include two platforms connected by a 70m bridge.

WGPSN will employ about 100 personnel to service the contract from its headquarters in Aberdeen.

UK managing director Dave Stewart said: "This is a key project for WGPSN and we are very proud to have been selected by Nexen to provide support to one of the most significant offshore developments in the UKCS."

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