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21 January 2026

Daily Newsletter

21 January 2026

Wood lands two-year extension for Woodside’s North West Shelf assets

The agreement allows Wood to continue offering EPCM services for offshore operations at the NWS Project.

Shree Mishra January 20 2026

Wood has obtained a two-year contract extension worth up to $65m (£48.32m) for Woodside Energy’s offshore assets at the North West Shelf (NWS) Project in Western Australia.

The agreement enables Wood to continue providing engineering, procurement and construction management (EPCM) services at the liquefied natural gas (LNG) development.

In August 2023, Wood secured a contract extension until October 2025 for the same project.

The NWS Project remains one of the largest and most established LNG developments globally, offering consistent energy supply to both local and international markets.

The renewed agreement involves modifications aimed at enhancing the production, reliability and lifespan of several offshore facilities within Woodside’s portfolio. These facilities include the North Rankin Complex, Goodwyn A platform and Okha floating production, storage and offloading unit.

Wood Asia-Pacific operations president John Mtanios said: “This extension reflects the strength of our 35-year relationship with Woodside and the trust built through consistent performance and a shared drive for excellence. Since first securing this contract in 2013, our teams have developed deep knowledge of each asset and Woodside’s operational priorities.

“That insight enables us to go beyond safe, reliable operations – finding smarter ways to improve productivity, reduce costs and optimise performance. Looking ahead, we are proud to play a key role in future-proofing these assets, to support Australia’s energy security and LNG export success for years to come.”

Wood has deployed a workforce of 140 personnel from Perth for this contract, backed by its global engineering network.

Earlier this month, Wood secured two five-year framework agreements with Equinor. Under the deals, Wood will provide maintenance and modification services and deliver major modification projects across the Norwegian Continental Shelf and associated onshore facilities.

Following the official signing of the contracts, Wood is set to provide these services for the Snorre A and B installations.

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