Wood, a global leader in consulting and engineering, has secured a trio of reimbursable contract extensions worth $118 million to continue to deliver operations and maintenance solutions for Shell UK, Dana Petroleum and CNOOC International’s UK business.
These extensions will see Wood continue to support operations for an extensive offshore portfolio, including Shell UK’s Shearwater, Gannet, Nelson and Penguins assets; Golden Eagle, Buzzard and Scott for CNOOC and the Triton and Western Isles FPSOs for Dana Petroleum.
Steve Nicol, Wood’s President of Operations, said: 'We have an unmatched legacy in operating and maintaining North Sea energy infrastructure. Our long-standing clients continue to partner with us to enhance operations and improve production efficiency to ensure a reliable, safe and sustainable energy supply.
'In 2024 we secured 100% of our contract renewal and extension options across our UK North Sea portfolio and continuing this success in 2025 reinforces our position as a trusted long-term partner for operations solutions in the region.'
The contracts will continue to be supported by around 500 Wood employees in Aberdeen, UK.
Source: Wood
