Construction News

25/05/2016

Wood Group Secures MSA Deal With Statoil

Energy services firm Wood Group has secured an evergreen master services agreement (MSA) with Norwegian company Statoil.

The Aberdeen-based company will support the life cycles of Statoil's offshore and onshore facilities, including engineering studies, detailed engineering, procurement services and management assistance services.

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Wood Group has supported the Norwegian oil and gas company for a number of years, with recent work including four subsea contracts, support for the Statoil Technical Efficiency Programme (STEP), and maintenance/modification services to four installations on the Norwegian continental shelf (NCS).

Robin Watson, Wood Group's Chief Executive, said: "We look forward to leveraging our global knowledge and expertise to provide Statoil with the best technical services for its facilities."

(LM)

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