Wood Group wins $90-million contract in Iraq

November 26, 2015

ABERDEEN, Scotland -- Wood Group has won a new contract worth approximately $90 million to deliver services to one of the blue-chip international oil companies (IOC) in Iraq.

Wood Group PSN (WGPSN) will provide project management for an onshore facility under the three-year contract, which is effective immediately.

Concept and FEED work for future projects will also be included in the contract, which creates more than 100 new positions and retains 20 jobs. Personnel will be based in Wood Group offices in Iraq and Dubai.

David Buchan, WGPSN's Eastern Europe, Russia, Caspian and Middle East (ERC & MER) managing director, said, “This major contract builds on our strong partnerships with clients in Iraq. We look forward to leveraging Wood Group’s international knowledge and expertise towards the continued success and development of our client’s facility."

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