Oil & Gas News

Wood Group Awarded Multi-Million Dollar Contract for Statoil’s Peregrino Field

Wood Group has been awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services to South Atlantic Holding (owned by Statoil and partner Sinochem) for the development of the Peregrino field wellhead platform C, offshore Brazil. Wood Group Mustang will perform the work for Kiewit Offshore Services (KOS), a leading fabricator for the oil & gas industry. Wood Group Mustang completed the front-end engineering and design for wellhead platform C in 2015 and previously designed wellhead platforms A and B.

3Woodgroup PeregrinoField468Peregrino field. Photo courtesy: Statoil

Michele McNichol, CEO of Wood Group Mustang, said: “Wood Group Mustang’s proven ability to deliver cost-effective and efficient solutions was a key enabler to obtaining the contract.”

This contract adds to Wood Group’s portfolio of services provided to Statoil. The two companies recently signed a master services agreement for Wood Group to support the lifecycles of Statoil’s onshore and offshore facilities. Wood Group Mustang is currently delivering maintenance and modification services to four Statoil installations on the Norwegian continental Shelf (NCS). Wood Group PSN is also supporting the Peregrino field, providing operations, maintenance and modification services for the existing wellhead platforms, and modification services for the floating production storage and offloading facility.

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