Wood Group wins Total contract extension
- 9 April 2013
- From the section Scotland business
Wood Group's largest division has secured a major North Sea contract extension with oil and gas giant Total.
Under the deal, Wood Group PSN (WGPSN) will continue to provide engineering, procurement, construction and services to Total's Alwyn, Dunbar, Elgin and Franklin offshore platforms and the St Fergus onshore gas plant.
The contract is expected to be worth almost £100m over two years.
Total first awarded WGPSN the contract 10 years ago.
It now supports 200 onshore and 100 offshore jobs in the UK.
WGPSN UK managing director David Stewart said: "This contract renewal is testament to the quality and standards of the services we provide.
"It's an important contract in our UK business and we are proud to continue to work with Total to deliver a range of technically challenging projects.
"The award recognises the ongoing improvements achieved and provides a platform to further enhance our reputation with a major international company."
In the UK, WGPSN employs more than 8,000 people working onshore and offshore.
The company has UK offices in Aberdeen, Glasgow, Runcorn and Hull.
Last month, Wood Group reported a 43% increase in pre-tax profits for 2012.
The firm made $363m (£239m) with revenues up 20% to $6.8bn (£4.5bn).
The company, which designs, builds and maintains oil and gas facilities worldwide, said growth had been achieved across its three main divisions.