LNG

Wood Group of the UK and KBR of the US have won a contract to deliver integrated front-end engineering and design for Royal Dutch Shell’s Crux project comprising the construction of a platform and gas export pipeline located offshore Western Australia and linked to the Prelude floating LNG venture.

March 20 (LNGJ) - Wood Group, the energy services and LNG project company that completed the US$2.8-billion acquisition in October 2017 of London-listed peer Amec Foster Wheeler, posted a $30 million loss for the year. Wood said operating profit before one-time items was $212M compared with $244M the previous year, a fall of 13 percent. Revenues from continuing operations amounted to $5.39Bln in 2017. “The acquisition of Amec Foster Wheeler in October brought together two businesses and three brands to create Wood, a global leader in project engineering and technical services delivery,” said Robin Watson, Wood Chief Executive. “We are a broader business with multi-sector, full-service capability across energy and industrial markets and have a stronger, more balanced offering in oil and gas,” added Watson.

Dec 12 (LNGJ) - Wood Group of the UK, the international energy services company, is providing construction and project management to Discovery DJ Services across a multi-phase installation of an oil and gas gathering system and natural gas and liquid processing facility in the Niobrara shale region of the DJ Basin of the US state of Colorado. “This is Discovery’s first gas plant in Colorado and we are committed to leveraging our differentiated onshore US footprint and long track record of project delivery to successfully support this key asset,” said Robin Watson, Wood’s Chief Executive. The project includes the recently completed project management, fabrication and construction of about 60 miles of 12-inch and 8-inch pipeline for the gathering system with capacity for 60 million cubic feet per day of natural gas.