Wood Group wins $150m contract extension with Hexen

Wood Group said it has been awarded a five year $150m (£104m) contract extension by Chinese oil company Nexen to deliver operations, maintenance and technical support across its North Sea offshore assets; the Buzzard, Scott and Golden Eagle platforms.

More than 190 jobs are retained under the contract, which is effective immediately and builds on Wood Group’s 12 year relationship with Nexen.

This is the third contract extension Wood has secured in the UK continental shelf (UKCS). In April, the company announced a two year contract with TAQA, extending its provision of engineering, construction and maintenance services to five UKCS offshore assets.

In February WGPSN secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea.