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28/06/2017

Wood Group Wins Contract For Alexandroupolis INGS In Greece

Aberdeen-based Wood Group has been selected to help deliver a liquefied natural gas (LNG) development off the coast of Greece.

The company has secured a front end engineering design (FEED) contract for the Alexandroupolis Independent Natural Gas System (INGS).

Features include developing a floating liquefied natural gas (LNG) receiving, storage and regasification unit (FSRU), which will create a new natural gas gateway to the markets of south eastern and central Europe.

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Wood Group's subsea team will perform the design and engineering definition of the Alexandroupolis FSRU and its subsystems which will support the final investment decision for the project, planned for late 2017.

Bob MacDonald, Chief Executive Officer (CEO) of Wood Group's Specialist Technical Solutions business, said: "This contract brings our global expertise and technical solutions to a new client and we look forward to working with Gastrade S.A. as the main engineering contractor for developing this FEED.

"Our subsea capabilities combined with the engineering proficiency of our people and cost effective technical solutions, position us well to deliver this milestone European project."

(LM/MH)

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