T
he Wood Group has gained a 330 million greenback (£262 million) contract with the most important producer of oil and gasoline within the UK’s North Sea waters, it mentioned on Monday.
The engineering and consulting enterprise mentioned it had entered right into a five-year contract with Harbour Energy, a deal it says will assist tons of of jobs in Aberdeen and elsewhere.
Wood mentioned that it might present engineering, procurement and building companies in addition to operations and upkeep companies to the enterprise.
This will embody methods of digitising and decarbonising Harbour’s offshore belongings, the enterprise mentioned.
“We are incredibly proud to have been selected and trusted by Harbour Energy to partner with them across their North Sea assets,” mentioned Wood’s govt president of operations Steve Nichol.
“We have worked on North Sea assets for more than 50 years and excel in designing and managing the complexity of energy infrastructure while at the same time seeking to minimise associated emissions.
“This new agreement and new contracts are testament to Wood’s role as a trusted technical partner to the energy companies of the future, where our priority is to help our clients deliver the energy the world needs and be able to transition to a low carbon future.”
The corporations may have the choice to increase the preliminary five-year contract by one yr at a time as much as one other 5 years.
It will “support the employment of hundreds of people,” at Wood’s operations enterprise in Aberdeen and offshore. Wood expects to begin recruiting for brand spanking new roles in 2024.
Harbour Energy vice chairman of provide chain Audrey Stewart mentioned: “Harbour is excited to develop our relationship with Wood and the signing of this contract is an important step forward in establishing our suite of long-term strategic partnerships across our North Sea assets.”
