Massy Wood Group Wins $250 Million BP Contract

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Massy Wood Group Wins $250 Million BP Contract

Massy Wood Group has been awarded a five 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 currently 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: EPC Engineer

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.