Wood Group wins multi-million Statoil deal in Brazil

Oil and gas services giant Wood Group today said it has won a multi-million dollar contract for an offshore platform in Brazil.

The deal to provide detailed engineering, design and procurement services for the Peregrino field wellhead platform C has been awarded by South Atlantic Holding, which is owned by Norway’s Statoil and Chinese partner Sinochem.

Wood Group has landed an offshore deal in Brazil with Statoil and Sinochem. Picture: Contributedplaceholder image
Wood Group has landed an offshore deal in Brazil with Statoil and Sinochem. Picture: Contributed
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Wood to create 250 jobs with $400m Statoil deal

Wood Group’s Mustang arm – which completed the front-end engineering and design for the platform last year and previously designed Peregrino wellhead platforms A and B – will carry out the work for fabricator Kiewit Offshore Services.

The division’s chief executive, Michele McNichol, said: “Wood Group Mustang’s proven ability to deliver cost-effective and efficient solutions was a key enabler to obtaining the contract.”

In December, Aberdeen-based Wood said it would create about 250 jobs after Mustang secured a $400 million (£301m) deal to provide maintenance and modification services to four Statoil installations – Grane, Snorre A and B and Visund – in the Norwegian continental shelf.

Its PSN operation is also supporting the Peregrino field, providing operations, maintenance and modification services for the existing wellhead platforms, and modification services for a floating production storage and offloading facility.

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