The Scotsman

Wood expands in Asia with Shell contract

- By EMMA NEWLANDS

Energy services group Wood has secured a six-year contract with Shell in the Philippine­s, creating 60 jobs and expanding its footprint in south-east Asia.

The Aberdeen firm, which today unveils its interim results, is to provide asset management services to the Malampaya deepwater gas-topower project, which marks one of the largest investment­s in the history of the country.

Wood will provide maintenanc­e services, modificati­ons and shutdown support as part of the contract, which covers Shell’s onshore facilities in Batangas and offshore assets in the Malampaya field, near Palawan Island. The contract will be supported by Wood’s establishe­d local presence in Manila and regional upstream hub in Kuala Lumpur.

Wood chief executive Robin Watson said: “This win is a powerful example of a revenue synergy achieved by the combinatio­n of Amec Foster Wheeler and Wood Group’s broad capabiliti­es and depth of experience. As Wood, we bring together our successful track record and local knowledge developed from working on these offshore assets and onshore gas plant, and our strong global operations and maintenanc­e expertise.

“The contract also grows our operations and maintenanc­e business in the region, expanding our footprint in south-east Asia and creating new and enhanced opportunit­ies for the local workforce.”

Wood said the contract enhances its support of the Malampaya project, where it has provided integrity management of subsea pipelines since 2001. 0 Wood boss Robin Watson praised the contract win

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