Wood Group wins offshore contract in Brazil

Robin Watson, Wood Group's new chief executive
Robin Watson, Wood Group's new chief executive
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Oil and gas services giant Wood Group has won a two-year maintenance contract with a Brazilian producer.

Under the deal, the Aberdeen-based group’s PSN division will provide operations and maintenance services to PetroRio’s Polvo A platform, about 60 miles off the coast of Rio de Janeiro.

Wood said the contract builds on its experience supporting the Polvo field, which was discovered in 2004 and consists of a fixed production and drilling platform connected to a floating production, storage and offloading vessel. The group’s Kenny arm has held two contracts to provide integrity management support to the field, the most recent of which completed early last year.

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Robin Watson, who succeeded Bob Keiller as Wood’s chief executive at the start of this month, said: “We look forward to beginning this new partnership with PetroRio, where our focus will be on working collaboratively to deliver safe, efficient and effective services.

“Our experience operating in Brazil, alongside our strong history of supporting offshore assets across their life cycle in the North Sea, positions us well and we are committed to leveraging our knowledge and expertise to optimise the productivity of the Polvo A platform.”