Wood Group Pressure Control Wins North Sea Contracts

Wood Group Pressure Control (WGPC), part of John Wood Group PLC ("Wood Group"), has been awarded contracts by Talisman Energy Ltd and Plexus Ocean Systems Ltd. In a contract valued at approximately $3million over two years, WGPC will provide planned maintenance services of wellheads and Christmas Trees for all Talisman's offshore assets in the North Sea. For Plexus, which has a contract with Newfield Petroleum to supply wellhead equipment to its Grove platform in the Southern North Sea, WGPC is to provide Christmas Tree wellheads.

"We are delighted to have won work with both Talisman and Plexus," said Jim Thomson, General Manager, at the company's Peterhead base. Both contracts are significant for us. The Talisman contract, which comprises three one-year options, follows on from our previous work with the company and has enabled us to increase our field service team by 50%. In our first contract with Plexus, Wood Group has also been able to market its WG2200T valve for the first time and extend its customer base in the Southern North Sea."

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Posted 22/01/07

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