Wood Group wins new multi-million dollar contract with Total

Wood Group announced on Wednesday that it has been awarded a new multi-million dollar contract by Total, supporting their Lindsey Oil Refinery located in North Killingholme in Lincolnshire.

The FTSE 250 company said the five-year contract was to provide onshore maintenance services, and included the option to be extended up to two years.

“We are strategically focused on leveraging our proven offshore track record of strong service, to broaden our downstream footprint in the UK; and this contract win achieves this,” said Wood Group chief executive Robin Watson.

“It was secured by the clear demonstration of our commitment to safety through efficient delivery of our innovative range of services to the oil and gas industry.

“Our extensive capabilities in offshore maintenance gained from over two decades of working with Total, position us uniquely to maximise the productivity while maintaining the integrity of this significant asset.”

The new contract will begin on 1 January, the board confirmed.

It said it built on Wood’s support of Total’s assets across the globe, including their UK offshore portfolio.

In 2015, the company secured a five-year contract to deliver engineering, procurement, construction and commissioning services to four of Total’s offshore assets and two onshore facilities in the UK continental shelf; the Alwyn, Dunbar, Elgin and Franklin platforms, St Fergus Gas Terminal and Shetland Gas Plant (SGP).