UK-based oil and gas services provider Wood Group PSN (WGPSN) has secured a £40m ($60m) one-year contract extension for one of its longest running projects in the North Sea from crude oil and natural gas producer ConocoPhillips (UK).
Under the contract, WGPSN will provide operations and maintenance services, as well as facilities modifications services to ConocoPhillip’s 50 offshore assets in the southern and central North Sea, as well as the onshore Theddlethrope gas terminal in Lincolnshire.
WGPSN said the extended project in the North Sea is spread across 50 manned and unmanned facilities, while the contract will be supported by 150 onshore and 280 offshore people in the UK.
WGPSN UK managing director Dave Stewart said: "We are proud to have worked with ConocoPhillips (UK) Limited for more than 20 years and continue this long-term relationship."
"The ConocoPhillips project is a key contract in our UK portfolio and we are pleased to receive this extension and further enhance our reputation with a major international company," Stewart added.
In June 2013, WGPSN received a life of field contract worth £140m in the North Sea from Ithaca Energy.
Under the contract, WGPSN will operate and deliver managed services to Ithaca’s Beatrice offshore platforms and Nigg onshore terminal, until the end of their operating life.
WGPSN in August 2012 received a $10.5m contract to build a computerised maintenance management system for the Prelude floating liquefied natural gas (FLNG) facility, located off the coast of Western Australia.
Image: ConocoPhillips Judy field in North Sea, UK. Photo: Courtesy of ConocoPhillips.