| Wood Group awarded subsea master service agreement extension by Apache | |
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Wood Group has been awarded an extension to its master service agreement (MSA) contract with Apache Corporation in the North Sea. Wood Group will continue to deliver subsea engineering and consultancy services, in support of Apache's routine operation and maintenance works, as well as detailed engineering for future subsea developments across its entire North Sea portfolio; the Forties and Beryl areas, Scottish Area Gas Evacuation (SAGE) pipeline and the onshore SAGE facility at St Fergus.
Effective immediately, the contract includes two one-year extension options. Wood Group has held this service agreement with Apache since 2012 and supported on a number of key projects in the North Sea, including the Forties Subsea Isolation Valves (SSIV) project, the Aviat development and most recently the Ness Nevis development.
Robin Watson, Wood Group chief executive said: 'The extension of this contract to provide our technical solutions support across Apache's North Sea portfolio is testament to our strong, collaborative working relationship with Apache and their confidence in our high standard of service delivery. We look forward to bringing Wood Group's breadth of subsea consultancy and detailed engineering knowledge and expertise to support this key client in enhancing and optimising their current assets and effectively delivering future subsea developments in the North Sea.'
Contact for Further Information:
[email protected]
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WGL Holdings Inc.
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CODE : WGL |
ISIN : US92924F1066 |
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WGL Holdings is a development stage company based in United states of america. WGL Holdings is listed in United States of America. Its market capitalisation is US$ 4.6 billions as of today (€ 3.9 billions). Its stock quote reached its lowest recent point on December 31, 1990 at US$ 13.25, and its highest recent level on July 06, 2018 at US$ 88.78. WGL Holdings has 51 359 182 shares outstanding. |