Wood Group secures Sakhalin contract

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Wood Group secures Sakhalin contract

Wood Group has secured a Technical Support Services (TSS) contract with Sakhalin Energy Investment Company Ltd. (Sakhalin Energy), an operator of Sakhalin-2; one of the world’s largest integrated oil and gas projects, that includes Russia’s first offshore gas production platform and liquefied natural gas (LNG) plant.

The contract extends Wood’s Group’s relationship with Sakhalin Energy; the company has been providing engineering and construction support, including studies and modifications, to offshore and onshore assets on Sakhalin Island in the Russian Federation for more than a decade.

This new contract adds brownfield drilling upgrade services to the capabilities Wood Group provides across the following assets:

Piltun- Astokhskoye-A offshore platform (Molikpaq)
Piltun- Astokhskoye-B offshore platform (PA-B)
Lunskoye-A offshore platform (LUN-A)
Onshore processing facilities including Booster stations 1 and 2
Liquefied natural gas (LNG) plant
Oil export terminal (OET)
Tanker loading unit (TLU)

Effective immediately, the five year contract, with two, one year extension options will be delivered by Wood Group’s engineering team based in Yuzhno-Sakhalinsk on Sakhalin Island, and supported by the company’s offices in Australia, Norway, China and the UK.

A major feature of the TSS contract will be a new working relationship between Wood Group and a Russian Design Institute (RDI), Gasproektengineering AOJSC (GPE). GPE is a Gazprom company with over 1000 employees in the Russian Federation and headquarters in Voronezh, approximately 470 kilometres south of Moscow. Over the term of the contract GPE will play a significant and growing role in supporting service delivery, working closely with Wood Group across the range and scope of services and asset base.

Dave Stewart, CEO for Wood Group’s Asset Life Cycle Solutions business in the eastern region, said: “We have a 10 year relationship working with Sakhalin Energy on Sakhalin Island. During this time, we have demonstrated our in-depth asset knowledge and technical solutions, which strongly position us to deliver this contract across their portfolio of assets.

“Our global expertise in brownfield engineering combined with our commitment to developing the capabilities of our 200-strong workforce on Sakhalin Island enables us to successfully provide efficient and effective services that add value for our client.

“This is an exciting and strategically important relationship for the future and one which underlines our ongoing commitment to Russian national content and development. We look forward to working in close collaboration with GPE on the safe and successful delivery of this contract.”

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.