Wood Group wins Babcock International contract

1 March, 2016

Wood Group wins $120 million industrial services contract with Babcock International

Wood Group has been awarded a new five year framework contract with a five year extension option, valued at approximately $120 million, by Babcock International to provide industrial services to a number of its UK sites.

The contract will be delivered by Wood Group PSN’s industrial service line business, Wood Group Industrial Services (WGIS) and maintains the company’s leading position in the UK marine sector.

More than 400 people will be employed on the contract that builds on Wood Group Industrial Services’ 15 year relationship with Babcock International. Surface preparation, application of protective coatings, scaffolding, insulation, rope access, cleaning and fire sentry services will be delivered under this framework contract.

Hugh Pelham, managing director of WGIS, said: “Securing this new contract is testament to our track record in the marine sector and relationship with Babcock International.  We have a strong history of delivering marine projects safely, to schedule and to budget. I look forward to building on this across further Babcock Group sites, and successfully continuing our long-standing relationship with this key client.”

This is the second contract announced by WGIS this year. In February the company secured a new five year framework agreement with Valero Energy, an international manufacturer and marketer of transportation fuels, petrochemical products and power, to provide services to the onshore Pembroke refinery in south west Wales.

In 2015 Wood Group Industrial Services secured over $300m of new contracts.

Notes to editors:

Wood Group is an international energy services company with around $6bn sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide. Visit Wood Group at http://www.woodgroup.com/ and connect with us on LinkedIn and Twitter.

Wood Group PSN is a global provider of pre-operations, hook up & commissioning, operations & maintenance, engineering, construction, project management, training and decommissioning services to the energy industry. Operating in more than 40 countries, Wood Group PSN offers high integrity, brownfield services that support customers to optimise performance, maintain production, reduce operating costs and provide integrity assurance. http://www.woodgroup-psn.com/

Wood Group Industrial Services, a service line offered by Wood Group PSN, provides expertise in the provision of a wide range of specialist, high quality industrial services and project management skills. These activities support the construction, maintenance, de-commissioning and replacement of major industrial assets such as bridges, chemical plants, ships, oil rigs and power stations. http://www.woodgroup-isl.com/

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