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Offshore Colombia Win For Wood Group PSN

HOUSTON, March 19, 2013 /PRNewswire/ -- Wood Group PSN (WGPSN) is delivering operations and maintenance services to Chevron's offshore production facilities under a new $17.5 million (USD) contract.

Wood Group PSN will provide services to Chevron's two offshore platforms (Chuchupa A and B), in the Chuchupa natural gas fields, Caribbean Sea, and two onshore natural gas fields ( Riohacha and Ballenas) in the province of La Guajira, northern Colombia.

The award marks WGPSN's first offshore services contract in Colombia and will involve over 100 new jobs. The contract term is three years with an additional three year option to extend.

Derek Blackwood, WGPSN Americas president said: "Chevron is a valued customer and this award marks the expansion of our offshore business in Colombia. We are currently recruiting to bring new employees into our business to service this contract and are committed to developing a skilled and talented local workforce."

The contract was won through a competitive tender process.

Wood Group has operations in nine countries across Latin America, employing more than 3,700 people in the region.

Notes to Editors:

Wood Group is an international energy services company with around $7bn sales, employing about 43,000 people worldwide and operating in 50 countries. The Group has three businesses—Wood Group Engineering, Wood Group PSN and Wood Group GTS—providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.

Wood Group PSN is a global provider of pre-operations, hook up & commissioning, operations & maintenance, engineering, construction, project management, training and decommissioning services to the energy industry. Employing over 25,000 people in more than 35 countries, Wood Group PSN offers high integrity, brownfield services that support customers to optimise performance, maintain production, reduce operating costs and provide integrity assurance.

Chevron is Colombia's largest producer of natural gas, producing enough natural gas to supply approximately 60 percent of the nation's demand. Chervon operates the offshore offshore Chuchupa natural gas field in the Caribbean Sea as well as the onshore Ballena and Riohacha natural gas fields in the province of La Guajira in partnership with Colombia's national oil company, Ecopetrol.


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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