Wood Group (John)PLC Wood secures $250M in US midstream sector contracts

 
TIDMWG. 
 
Wood secures $250M in US midstream sector contracts 
 
HOUSTON, October 9, 2018-Wood has secured a string of new midstream sector 
contracts across the US, solidifying its place in what the company considers to 
be a key growth market. 
 
With a combined revenue of approximately $250 million of new midstream sector 
work won year to date, Wood is delivering construction, fabrication, 
engineering and operations & maintenance services to clients for a wide range 
of pipeline services, shale facilities, heavy civils, infrastructure and 
onshore engineering projects. 
 
Winning contracts from Alaska through the Bakken to the Permian and onward 
towards Louisiana's onshore energy corridor, Wood's Asset Solutions Americas 
business has created approximately 1,000 new jobs in the last year. 
 
Wood's CEO of Asset Solutions Americas, 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 employs more than 27,000 people, working across 10 
countries delivering upstream, midstream, downstream, chemical and process 
capital projects, and operations services. 
 
                                    -ends- 
 
Note to Editors: 
 
Wood is a global leader in the delivery of project, engineering and technical 
services to energy and industrial markets. We operate in more than 60 
countries, employing around 60,000 people, with revenues of over $10 billion. 
We provide performance-driven solutions throughout the asset life cycle, from 
concept to decommissioning across a broad range of industrial markets, 
including the upstream, midstream and downstream oil & gas, power & process, 
environment and infrastructure, clean energy, mining, nuclear, and general 
industrial sectors.  www.woodplc.com 
 
For further information contact:  [e-mail] 
 
 
 
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(END) Dow Jones Newswires

October 09, 2018 02:00 ET (06:00 GMT)