Wood Group has received a $50m contract from Premier Oil for operations at two offshore platforms in the North Sea.
Under this two-year contract, Wood Group will be providing topside operations and maintenance services at the Balmoral floating production vessel (FPV) in the Central North Sea and the Solan installation, West of Shetland.
The contract furthers Wood Group’s association with Premier Oil at the UKCS, with three one-year extension options. Wood Group has been providing operations, maintenance and engineering services to the Balmoral FPV since 2012.
Wood Group asset lifecycle solutions business in the eastern region CEO Dave Stewart said: “This contract clearly demonstrates the strong partnership we have developed with Premier Oil in the North Sea; renewing our support of the Balmoral FPV and broadening our delivery to include the Solan field, which came onstream in April 2016.
“We have consistently and successfully assured the management of safety and integrity and applied our innovation and technical expertise to maximise uptime and production, whilst also reducing field lift costs.
“This will be our continued focus; leveraging both our late-life asset management expertise and production enhancing technical solutions as we continue to collaborate with Premier Oil on the safe and effective delivery of this latest contract.”
Under a separate contract awarded in 2014, Wood Group has been supporting Premier Oil with the delivery of fabric maintenance services for the Balmoral FPV. Balmoral area includes four fields in Balmoral, Stirling, Brenda and Nicol, which are located in Blocks 16/21a and 16/21b approximately 200km from Aberdeen.
Image: Premier Oil awards North Sea platform services contract to Wood Group. Photo: courtesy of Premier Oil.