Wood Group awarded engineering modifications co...
Wood Group awarded engineering modifications contract
HOUSTON, March 13, 2015 - Wood Group has been awarded a contract by Statoil, on
behalf of Gassco, for engineering modifications and upgrades to its Kollsnes
process plant, west of Bergen, Norway. Estimated value of the contract,
including options and procurement, is more than NOK500 million.
Contract scope includes front-end engineering design, procurement and
management assistance to expand plant capacity and engineering, procurement and
management assistance (EPma) to update the electrical, instrumentation and
control systems. Wood Group Mustang Norway started work earlier this month on
the project, which will last through 2017.
The Kollsnes plant processes natural gas from the Troll, Kvitebjørn and Visund
fields in the North Sea and currently provides almost 40 per cent of Norwegian
gas deliveries. These modifications will expand its capacity to accommodate
increased production from the Kvitebjorn platform in the North Sea. When
modifications are complete the Kollsnes facility will be one of the largest gas
processing plants in the world, with capacity to process 144.5 million cubic
metres per day of gas, and will help to ensure the commitments Statoil has of
gas deliveries to Europe.
"Wood Group Mustang's onshore engineering expertise combined with our knowledge
and experience with Statoil is enabling us to provide a competitive technical
solution for the Kollsnes plant," explained Otto Søberg, president of Wood
Group Mustang Norway.
The Kollsnes plant is owned by Gassled. Gassco is the operator and Statoil is
the technical service provider.
-ends-
Notes to editors
Wood Group is an international energy services company with over $7bn sales and
operating in 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 and gas, and power generation industries
worldwide. For more information, visit www.woodgroup.com.
Wood Group Mustang provides award-winning services to the global energy
industry. From concept to completion, Wood Group Mustang delivers project
management, construction management, engineering and procurement services to
the offshore, onshore, oil sands, pipeline, refining, chemicals, industrial and
automation sectors, operating in countries throughout Africa, Asia, Europe, the
Middle East, Latin America and North America. For more information, visit
www.mustangeng.com or connect with us on Facebook, LinkedIn or Twitter.
For further information contact
Wood Group Press Office
Email: press.office@woodgroup.com
AI Summary Disclaimer BETA
The content you are viewing has been generated or assisted by artificial
intelligence (AI). While efforts are made to ensure accuracy and clarity, AI-generated text may
contain inaccuracies, outdated information, or subjective interpretations. This content is intended
for general informational purposes only and should not be considered professional advice or factual
confirmation.
We encourage you to independently verify any information provided,
especially if it will be relied upon for making decisions or taking action. Any reliance you place
on this material is strictly at your own risk. The AI system that produced this content cannot
assess the specifics of individual circumstances, and results may vary based on context and
individual needs.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.
Create an Account
Create your FREE account to receive personalised announcements, watchlists, market updates, investment insights and new features.
Personalise your experience
Tell us a little about yourself to receive personalised content, announcements and relevant investment opportunities.