Global consulting and engineering firm Wood has announced a significant boost to its North Sea operations, securing three reimbursable contract extensions collectively worth approximately £89 million ($118 million).

These extensions will see Wood continue to provide operations and maintenance solutions for key assets belonging to Shell UK, Dana Petroleum, and CNOOC International's UK business.

Under these renewed agreements, Wood will maintain its support for an extensive offshore portfolio. This includes Shell UK's Shearwater, Gannet, Nelson, and Penguins assets; CNOOC's Golden Eagle, Buzzard, and Scott platforms; and Dana Petroleum's Triton and Western Isles Floating Production Storage and Offloading (FPSO) units.

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Steve Nicol, Wood's President of Operations, commented on the awards: "We have an unmatched legacy in operating and maintaining North Sea energy infrastructure. Our long-standing clients continue to partner with us to enhance operations and improve production efficiency to ensure a reliable, safe and sustainable energy supply."

He further highlighted the company's strong performance in contract renewals: "In 2024 we secured 100% of our contract renewal and extension options across our UK North Sea portfolio and continuing this success in 2025 reinforces our position as a trusted long-term partner for operations solutions in the region."

The contracts will continue to be supported by approximately 500 Wood employees based in Aberdeen, UK, underscoring the company's ongoing commitment to the region and its workforce.