Wood Group secures multi-million dollar contract offshore Brazil

28th Jun 2016 07:43

(ShareCast News) - Energy services company Wood Group has secured a multi-million dollar engineering and procurement services contract for Statoil's Peregrino field offshore Brazil.The company's subsidiary, Wood Group Mustang, will perform the work for Kiewit Offshore Services, which is a fabricator for the oil and gas industry. It completed the front-end engineering and design for wellhead platform C in 2015 and previously designed wellhead platforms A and B.Wood Group Mustang's chief executive officer, Michele McNichol, said: "Wood Group Mustang's proven ability to deliver cost-effective and efficient solutions was a key enabler to obtaining the contract."WG and Statoil recently signed a master services agreement for Wood Group to support the lifecycles of Statoil's onshore and offshore facilities. Wood Group Mustang is currently delivering maintenance and modification services to four Statoil installations on the Norwegian continental Shelf.Meanwhile, Wood Group PSN is also supporting the Peregrino field.