Wood Group secures £20m US contract

expat network

Wood Group secures £20m US contract

Wood Group (WGPSN) has been awarded the $31-million contract by Carbon Creek Energy on their coalbed methane asset in the Powder River basin in Wyoming, USA.

Wood Group PSN (WGPSN) will deliver operations management services to the field, which is the largest of its kind in the region, consists of approximately 7,000 drilled wells, 6,000 to 12,000 drillable locations and currently produces 385 MMcfgd.

Effective immediately, the initial contract is for 12 months and will be reviewed annually. Up to 65 new positions have been created and over 40 jobs secured by the contract, which builds on WGPSN’s 12-year history of supporting operators in the coalbed methane sector.

“This new contract strongly positions Wood Group PSN as one of the foremost providers of support to coalbed methane assets in the Powder River basin,” John Glithero, president – Americas, Wood Group PSN, said. “The management of services in unconventional oil and gas basins, including the coalbed methane market, presents a significant growth opportunity for us. We have the depth of experience and proven capabilities to deliver the broad portfolio of services required to meet the needs of operators working in this sector.”

Source: www.worldoil.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.