Massy Wood Group win $250m BP contract
Massy Wood Group has won a 5 year contract, with a potential value of up to $250 million, by BP to provide services to its operations in Trinidad & Tobago.
The company, which is jointly owned by Wood Group PSN (WGPSN) and the energy division of Massy Holdings Limited, will deliver engineering, procurement and construction services to BP’s 13 upstream offshore facilities, located within the Greater Cassia and Greater Mahogany areas. The onshore Galeota Point Terminal and Beachfield facilities are also included in the scope of the contract, which is effective immediately.
Massy Wood Group has a nine-year history of working with BP in Trinidad & Tobago and delivers an integrated maintenance service to the same 15 assets under a renewed five year contract secured in January 2012.
This is the second major contract that Wood Group has secured with BP in recent months. In January, WGPSN began a five year contract to provide engineering, procurement and construction services to six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth.
Neil Harvie, executive vice president for operations, WGPSN Americas, said: “Wood Group has more than 40 years of experience working with BP across its global operations, which positions us strongly to understand the assets and work collaboratively, safely and innovatively to maximise productivity. This long-term relationship and assurance of our ability to deliver has secured the new contract in Trinidad & Tobago, where we will replicate the high standards and best practice demonstrated elsewhere for this key client.”
Source: Gulf Oil & Gas
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