Wood Group Units Completing First Local Nigeria FEED Project

20th Jul 2010 11:49

LONDON (Dow Jones)--John Wood Group PLC (WG.LN) said Tuesday two of its subsidiaries operating in Nigeria, along with Nigerian company Dover Engineering, are close to completing a comprehensive local FEED project--or front end engineering design--for Total S.A.'s (TOT) Egina field, adding that it hopes to do more in-country projects in the future. The international oil and gas services provider said the contract was awarded to Dover in July 2009 who then contacted Wood Group's units J P Kenny and MCS Kenny to support delivery of the project. Under the contract the companies undertook design studies for the umbilicals, flowlines, risers and the subsea production systems for the Egina development, including engineering assessments, development of specifications, documentation and technology studies. The Egina Field is situated offshore Nigeria within the oil mining lease 130 and located 200 kilometers from Port Harcourt, in water depths up to 1750 meters. Samir Ounnas, Project Manager, J P Kenny, Lagos said this is the first major subsea project J P Kenny has completed in-country and it has been a great success, adding "We aim to undertake further major projects in-country in the future." Shares at 1045 GMT down 2.1 pence, or 0.6%, at 335.6 pence in a slightly lower FTSE 250 Market--down 0.30% -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires July 20, 2010 06:49 ET (10:49 GMT)