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Azerbaijan,United Kingdom : $500 million EPCM contract for Wood Group

Publish Date : 03-May-2016

Wood Group is in receipt of a new five year contract worth around $500 million with BP-operated projects, to deliver services to eight facilities, offshore Azerbaijan.

Under this contract, with immediate effect, Wood Group PSN (WGPSN) will be providing engineering, procurement and construction management services (EPCM). This contract comes with an option of two, two year extensions.

WGPSN generating around 200 new job opportunities, will be supporting the platforms like: Chirag, Central Azeri - Production Drilling Quarters, Central Azeri - Compression and Water Processing, East Azeri Production Drilling Quarters, West Azeri- Production Drilling Quarters, Deep Water Gunashli - Drilling & Utility Quarters, Deep Water Gunashli - Pressure Compression and Water Utilities and Shah Deniz Stage 1.

David Buchan, WGPSN's eastern region managing director, said, "Wood Group has a 40 year history of working with BP across their global assets and this new contract award is reflective of the strong relationship we maintain with this key client, built on collaboration and continued excellence and assurance in our service delivery.

"Our focus is on leveraging our knowledge across this portfolio of assets and our expertise in engineering, procurement and construction, to ensure their efficient, effective and safe productivity.

We are committed to hiring and developing local personnel, building partnerships and supporting supply chain companies in the communities where we operate. This is reflected on this contract where more than 50 per cent of the workforce will be from the region with a focus on increasing local employment opportunities further, as the contract progresses.

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