WGPSN receives extension for ConocoPhillips North Sea assets contract

6/25/2013

WGPSN receives extension for ConocoPhillips North Sea assets contract

ABERDEEN -- Wood Group PSN (WGPSN) has extended one of its longest running projects in the North Sea under a $60-million one-year contract extension with ConocoPhillips (UK).

WGPSN will continue to provide operations, maintenance and facilities modifications services to ConocoPhillips’ 50 offshore assets in the Southern and Central North Sea, and the onshore Theddlethrope gas terminal in Lincolnshire. Effective immediately, the contract will be supported by 150 onshore and 280 offshore people in the UK.

This is one of WGPSN's longest running and most complex projects, spread across 50 manned and unmanned facilities in the North Sea. ConocoPhillips first awarded WGPSN the contract in 1992.

This award follows a string of WGPSN North Sea contract extensions in 2013 from CNR, TOTAL E&P UK, Teekey and Ithaca Energy. Most recently, the company announced its first life of field contract for Ithaca Energy, under which WGPSN operate and deliver managed services to the Beatrice offshore platforms and Nigg onshore terminal, until the end of their operating life.

In the UK, Wood Group now employs more than 11,000 people working onshore and offshore.

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