Wood Group PSN has won more work in the North Sea, this time a contract extension to provide maintenance and construction services for another three years to Shell’s offshore assets on the UK continental shelf in the North Sea.
The pre-operations service provider will work on the Shearwater, Gannet, Nelson, Curlew, Brent Delta, Brent Alpha, Brent Bravo and Brent Charlie installations, and will perform engineering modifications to the latter three platforms.
The new contract will commence immediately and includes two one-year extension options, and will retain more than 500 jobs.
“This contract safeguards long-term employment opportunities for our employees on these assets, and builds on Wood Group’s 40-year history working in partnership with Shell in the North Sea. Extending our long-term service provision across this broad portfolio of UKCS offshore assets reflects Shell’s assurance in our continued high standard of delivery and commitment to working collaboratively,” James Crawford, Wood Group PSN’s managing director for the UK and Africa, said in a release.
In spite of recent contract wins from Chevron, TAQA, Nexen and Statoil in the North Sea, Wood Group today announced it will axe another 300 UK-based office staff from its operations in the region in order to reduce costs.