Wood Group (John)PLC Wood Group secures new contract with Hess in Malaysia

 
TIDMWG. 
 
31 January 2017 
 
Wood Group secures new contract with Hess in Malaysia 
 
Wood Group has been awarded a five year contract with Hess Exploration & 
Production Malaysia. The operations and maintenance contract is to support 
Hess' new-build fixed and floating offshore facilities in the North Malay Basin 
development area located approximately 150km north east of the Peninsular 
Malaysia, and includes a one-year extension option. 
 
Delivered by Wood Group's Kuala Lumpur office, the contract will support up to 
130 new full-time positions in Malaysia. 
 
Integrated operations and maintenance services including core offshore 
personnel, onshore technical support, training and competency assurance 
services will be provided as part of the new contract. Technical services 
covering brownfield engineering, risk-based inspection, integrity management 
and computerised maintenance management system support are also included. 
 
The contract builds on Wood Group's 15 year global relationship with Hess. This 
includes ongoing support contracts in Equatorial Guinea and the Gulf of Mexico. 
 
Dave Stewart, CEO for Wood Group's Asset Life Cycle Solutions business in the 
Eastern Hemisphere, said: "This contract to support Hess' significant 
greenfield facilities in Malaysia, demonstrates the proven success of our 
integrated approach on this key client's projects worldwide and their 
confidence in our technical services which optimise production and enhance 
efficiency. 
 
"Our commitment to creating strong local employment and supply chain 
opportunities in the areas where we work will be reinforced by this contract, 
which will focus on the recruitment and opportunity development for the 
national workforce in Malaysia. 
 
"We bring our expertise to this partnership with Hess at a key stage of the 
lifecycle of this field, which will commence production in 2017. We look 
forward to leveraging our knowledge and understanding of Hess' operational 
framework to work in close collaboration with them, delivering fully integrated 
operations and maintenance solutions that are focused on adding value to this 
development." 
 
-ends- 
 
Notes to editors: 
Wood Group is an international energy services company with around $6bn sales 
and operating in more than 50 countries. The Group designs, modifies, 
constructs and operates industrial facilities mainly for the oil & gas sector, 
right across the asset life-cycle. We enhance this with a wide range of 
specialist technical solutions including our world leading subsea, automation 
and integrity solutions. Our real differentiator is our range of services, the 
quality of our delivery, the passion of our people, our culture and values. We 
are extending the scale and scope of our core services into adjacent 
industries. Visit Wood Group at www.woodgroup.com and connect with us on 
LinkedIn and Twitter. 
 
For further information contact: 
Wood Group Press Office 
Tel: [phone] 
email: [e-mail] 
 
 
 
END 
 

(END) Dow Jones Newswires

January 31, 2017 02:00 ET (07:00 GMT)