Scottish energy services company Wood has secured several midstream sector contracts across the US.
Image: Wood secures $250m midstream contracts in US. Photo courtesy of James Knight/Freeimages.com
Wood has recorded combined revenue of $250m of new midstream sector work so far, delivering construction, fabrication, engineering and operations and maintenance (O&M) services for a range of pipeline services, shale facilities, heavy civils, infrastructure and onshore engineering projects.
Wood’s Asset Solutions Americas business has created around 1,000 jobs in the last year by winning contracts, from Alaska through the Bakken to the Permian and onwards towards Louisiana’s onshore energy corridor.
Wood Asset Solutions Americas CEO Andrew Stewart said: “These contracts show the strength and expertise of Wood to deliver a diversified portfolio of energy and industrial services to a broad range of valued clients in various sectors.
“We have grown our foothold in the midstream markets through the transfer of knowledge from our experience in other energy sectors, the retention and attraction of key expertise and investment in client relationships.
“We bring best in class performance, a clear focus on safety and the best people to the projects. I am incredibly proud of our teams for securing such an impressive array of new contracts in the US this year.”
In the Americas, Wood delivers upstream, midstream, downstream, chemical and process capital projects, and operations services.
The company has also secured a new multi-million-dollar contract from Duqm Refinery and Petrochemicals to provide two Terrace Wall double-fired delayed coker heaters at its refinery on the south-eastern coast of the Sultanate of Oman.
The award follows on from Wood’s successful delivery of the engineering and process design phase, the technology package and license of the company’s selective yield delayed coking (SYDEC) technology.
Wood’s process and technology specialists based in New Jersey, US, will execute the contract.
Work is due to be completed in the first quarter of 2020.
Duqm Refinery and Petrochemical Industries Company is a joint venture between Oman Oil Company and Kuwait Petroleum International. On completion, the refinery and petrochemical complex will have the capacity to process around 230,000 barrels of crude oil per day.