Wood Group lands Peregrino contract

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Wood Group lands Peregrino contract

Wood Group has been awarded a multi million dollar contract to provide detailed engineering and design, and procurement services to South Atlantic Holding (owned by Statoil and partner Sinochem) for the development of the Peregrino field wellhead platform C, offshore Brazil. Wood Group Mustang will perform the work for Kiewit Offshore Services (KOS), a leading fabricator for the oil & gas industry.

Wood Group Mustang completed the front-end engineering and design for wellhead platform C in 2015 and previously designed wellhead platforms A and B.

Michele McNichol, CEO of Wood Group Mustang, said: “Wood Group Mustang’s proven ability to deliver cost-effective and efficient solutions was a key enabler to obtaining the contract.”

This contract adds to Wood Group’s portfolio of services provided to Statoil. The two companies recently signed a master services agreement for Wood Group to support the lifecycles of Statoil’s onshore and offshore facilities.

Wood Group Mustang is currently delivering maintenance and modification services to four Statoil installations on the Norwegian continental Shelf (NCS). Wood Group PSN is also supporting the Peregrino field, providing operations, maintenance and modification services for the existing wellhead platforms, and modification services for the floating production storage and offloading facility.

About Wood Group

Wood Group is an international energy services company with around $6bn sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide

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.