Service firm lands first major deal after £2.2bn takeover
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.