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Wood Group GTS Signs US$ multi-million Operations & Maintenance Agreement with Mass Global

Wood Group Wood Group GTS, part of international energy services company Wood Group, signed a multi-year agreement with Mass Global Investment Company (Mass Global) for operations & maintenance of the Solymaniah Power Facility, located in the Kurdistan Region of Iraq.

Solymaniah Power Facility is a 500-megawatt electric generation facility consisting of four GE 9001 E combustion gas turbines in simple cycle configuration, providing essential power to the Kurdistan region of Iraq. This exclusive operations & maintenance (O&M) contract includes both transition and operational phase services, with an initial term of seven years.

Mr Ahmed Ismail, Chairman of Mass Global, said:

"We selected Wood Group GTS because they offer a comprehensive package that's closely aligned with the success factors for our business. Their flexible approach and proven experience in power operations makes them an ideal partner for our business".

Mark Papworth, CEO, Wood Group GTS, said:

"By aligning our objectives to the operational priorities of Mass Global our focus will be on helping them meet availability, safety and environmental targets, as well as driving down the overall cost of ownership. We look forward to working with Mass Global and growing a strong partnership."

Published 08/06/2010

Wood Group (John Wood Group PLC) is an international energy services company with approximately $5.0bn sales, employing 28,000 people worldwide and operating in 50 countries. The Group has three businesses - Engineering & Production Facilities, Well Support, and Gas Turbine Services - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.

Wood Group GTS is a leading independent provider of services and solutions for clients in the power, oil & gas and renewable energy markets. Worldwide, these services include; power plant engineering, procurement and construction management, facility operations & maintenance, repair & overhaul of gas, wind and steam turbines, pumps, compressors and other high-speed rotating equipment.

Mass Global Investment Company was founded by Mr. Ahmad Ismail Saleh and is a prominent independent power producer (IPP) in the region of Kurdistan.

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