Wood Group Leads Shtokman Engineering Deal

A consortium comprising Gazprom, Total, StatoilHydro and international subsea and pipeline company JP Kenny (JPK) has been awarded a call-off contract for work on Russia's Shtokman gas field.

JPK subsidiary John Wood Group will be carrying out the "multi-million" pound project on the 600km subsea pipeline from the Shtokman field running south to Murmansk, a trunkline designed to bring gas from the field in the Barents Sea to Northern Russia.

Russian gas giant Gazprom is leading the Shtokman project with a 51 percent stake, France's Total SA owns 25 percent, while Norway's StatoilHydro holds the remaining stake.

By staff writer