Ser­vice firm lands first ma­jor deal af­ter £2.2bn takeover

Evening Express (City Final) - - UK & Abroad -

WOOD has won its first deal af­ter its

£2.2 bil­lion takeover of Amec Foster Wheeler was com­pleted.

The ser­vice firm has landed a multi-mil­lion dol­lar con­tract with To­tal sup­port­ing its Lind­sey Oil Re­fin­ery in North Killinghome, Lin­colnshire. Robin Wat­son, chief ex­ec­u­tive of Wood, said: “We are strate­gi­cally fo­cused on lever­ag­ing our proven off­shore track record of strong ser­vice, to broaden our down­stream foot­print in the UK and this con­tract win achieves this. It was se­cured by the clear demon­stra­tion of our com­mit­ment to safety through ef­fi­cient de­liv­ery of our in­no­va­tive range of ser­vices to the oil and gas in­dus­try. Our ex­ten­sive ca­pa­bil­i­ties in off­shore main­te­nance, gained from more than two decades of work­ing with To­tal, po­si­tion us uniquely to max­imise the pro­duc­tiv­ity while main­tain­ing the in­tegrity of this sig­nif­i­cant as­set.”

The five-year deal in­cludes on­shore main­te­nance ser­vices and in­cludes the op­tion to be ex­tended up to two years. It will start on Jan­uary 1. Wood also pro­vides ser­vices to four of To­tal’s off­shore as­sets and two on­shore fa­cil­i­ties in the UK con­ti­nen­tal shelf.

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