Wood Group wins multi-million Statoil deal in Brazil

Oil and gas services giant Wood Group today said it has won a multi-million dollar contract for an offshore platform in Brazil.
Wood Group has landed an offshore deal in Brazil with Statoil and Sinochem. Picture: ContributedWood Group has landed an offshore deal in Brazil with Statoil and Sinochem. Picture: Contributed
Wood Group has landed an offshore deal in Brazil with Statoil and Sinochem. Picture: Contributed

The deal to provide detailed engineering, design and procurement services for the Peregrino field wellhead platform C has been awarded by South Atlantic Holding, which is owned by Norway’s Statoil and Chinese partner Sinochem.

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Wood to create 250 jobs with $400m Statoil deal

Wood Group’s Mustang arm – which completed the front-end engineering and design for the platform last year and previously designed Peregrino wellhead platforms A and B – will carry out the work for fabricator Kiewit Offshore Services.

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The division’s chief executive, Michele McNichol, said: “Wood Group Mustang’s proven ability to deliver cost-effective and efficient solutions was a key enabler to obtaining the contract.”

In December, Aberdeen-based Wood said it would create about 250 jobs after Mustang secured a $400 million (£301m) deal to provide maintenance and modification services to four Statoil installations – Grane, Snorre A and B and Visund – in the Norwegian continental shelf.

Its PSN operation is also supporting the Peregrino field, providing operations, maintenance and modification services for the existing wellhead platforms, and modification services for a floating production storage and offloading facility.

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