Wood Group GTS awarded EPC contract

Wood Group GTS awarded $152 million EPC contract for conversion of GWF Energy facility HOUSTON, October 11, 2010 - Wood Group GTS has received an engineering, procurement and construction (EPC) contract, valued at approximately $152 million, from GWF Energy LLC (GWF) to construct and commission the conversion of the Tracy Peaker Plant in Tracy, California. GWF is converting the Tracy Peaker Project to a combined cycle facility in support of a new power purchase agreement with Pacific Gas & Electric Company. The project will convert the existing facility, which consists of two General Electric Frame 7EA gas turbine generators, to combined cycle operation through the turnkey design and installation of two heat recovery steam generators and a single steam turbine generator, an air cooled condenser, and related balance of plant equipment. Upon completion, the converted 336 megawatt Tracy Combined Cycle Plant will offer additional highly efficient and flexible electric generating capacity for PG&E and its customers. Mark Papworth, CEO, Wood Group GTS, said, "We are very pleased to have been chosen as the EPC contractor for the GWF Tracy project. We are proud to have GWF as a long-standing Wood Group GTS customer in California, and this important project builds on that strong relationship." -ends- Notes to editors: Wood Group is an international energy services company with $5bn revenues, employing approximately 29,000 people worldwide and operating in 50 countries. The Group has three businesses - Engineering & Production Facilities, Well Support, and Gas Turbine Services - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide. www.woodgroup.com Wood Group GTS is a leading independent provider of services and solutions for clients in the power, oil & gas and renewable energy markets. Worldwide, these services include; power plant engineering, procurement and construction management, facility operations & maintenance, repair & overhaul of gas, wind and steam turbines, pumps, compressors and other high-speed rotating equipment. www.woodgroupgts.com GWF Energy is one of California's leading independent power producers, using innovative technologies to provide cost-effective and environmentally friendly electricity to approximately 450,000 homes in California. www.gwfpower.com For further information contact: Carolyn Smith, Corporate Communications - Eastern Hemisphere Tel: +44 (0) 1224 851099, email: Carolyn.smith@woodgroup.com Bobbie Ireland, Corporate Communications - Americas, Wood Group Tel: +1 (281) 828 3505, email: bobbie.ireland@woodgroup.com
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