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26/05/2017

Wood Group Secures New 10-Year Deal With Hess

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Aberdeen-based Wood Group has secured a new 10-year services deal with oil and gas giant Hess Corporation.

Having worked in partnership with each other for over 25 years on a wide range of projects, the new agreement will see Wood Group provide engineering, project management, construction, commissioning, operations & maintenance, integrity management, subsea, and decommissioning services.

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Robin Watson, Wood Group chief executive, said: "This agreement further solidifies the strong relationship we have with Hess. The ability to consolidate the full breadth of our services under one agreement offers an exceptional level of continuity to Hess and all our clients.

"We look forward to many more years of working together with Hess as we unlock our combined potential to create more efficiencies through innovation. We share the same operational excellence mindset and fully expect to achieve meaningful progress in safety, performance and cost savings."

(LM/MH)

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