UK consulting and engineering firm Wood has been awarded a contract extension worth around $250m by Brunei Shell Petroleum.
The two-year extension will focus on the continued rejuvenation of BSP’s offshore energy asset portfolio to maximise production capacity and efficiency.
The scope of the contract includes brownfield engineering, procurement, construction and commissioning services as well as the management of its offshore marine fleet.
“This extension shows progress on our strategy; which focuses on reimbursable projects and complex work in critical industries; that we laid out last year and demonstrates the strength of our relationship with an important client in a key region,” said Ken Gilmartin, CEO at Wood.
The extension to February 2026 means Wood will deliver a range of services to BSP’s top 20 offshore installations, which account for around 80% of the company’s total oil and gas production. The contract will be delivered by Wood’s teams in Brunei supported by the Manila, Philippines office.
