John Wood Group secures $150 million extension to North Sea pact

4/9/2013

John Wood Group secures $150 million extension to North Sea pact

BY TAPAN PANCHAL

LONDON -- Energy services company John Wood Group said Wood Group has secured a two year North Sea contract extension with Total E&P United Kingdom, which is anticipated to be valued at 150 million dollars based on historical turnover.

Under the contract, Wood Group will continue to provide engineering, procurement, construction and commissioning services to Total's Alwyn, Dunbar, Elgin and Franklin offshore platforms and the St Fergus onshore gas plant. Total first awarded Wood Group the contract ten years ago.

Dow Jones Newswire

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