Wood Group secure $700m Tengiz contract

expat network

Wood Group secure $700m Tengiz contract

Wood Group is providing main automation contractor (MAC) services to Tengizchevroil (TCO) for the Future Growth Project-Wellhead Pressure Management Project at the Tengiz Field in Kazakhstan.

Wood Group’s vendor- independent Automation & Control business will provide optimal integrated process and safety solutions to TCO under a multi-year contract valued at approximately $700 million. Wood Group has been supporting the project since 2013.

“We are combining the global expertise and capabilities of our Automation & Controls personnel in the UK, US, Argentina and Kazakhstan to deliver the complex systems needed for this world-class field and expansion project,” stated Robin Watson, chief executive of Wood Group. “The automation scope of the Future Growth Project-Wellhead Pressure Management Project is one of the world’s largest industrial automation projects and we are pleased to be providing the solution that will help to enable TCO to meet its vision of a “flawless startup”.

About Wood Group

Wood Group started as a ship repair business in Scotland in 1912 and they operate in more than 50 countries. They work on oil platforms, factories, power stations, wind farms and refineries.

Some of their designs include:

The world’s deepest spar production platform
The world’s largest semi-submersible topsides facility
The strongest moorings
Over 600,000km of subsea pipeline
The longest and deepest offshore pipelines

Source: www.woodgroup.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.