LNG

UK-based engineering firm Wood Plc has been chosen as lead consultant for an independent study of the next big potential Asia-Pacific LNG export project, the Greater Sunrise Development using gas resources from the Timor Sea.

Wood, the UK-based oil and gas services company, said it secured a two-year extension to contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company, for its unconventional natural gas programme covering shale gas and tight gas reservoirs.

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.

Wood Group of the UK was awarded a five-year brownfield engineering services contract for the offshore and onshore facilities of the Ichthys LNG export project in Australia’s North Territory.

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.

Wood Group of the UK has secured a front-end engineering and design contract from Gastrade for the Alexandroupolis LNG import project planned for offshore Greece and involving shipping company GasLog.

Wood Group, the UK-based oil and gas services company, said it won a five-year technical support contract from Sakhalin Energy, operator of the Russian LNG plant on Sakhalin Island in the Far East.

Wood Group, the UK energy services company based in Aberdeen, has reached an agreement to take over the London-listed energy and LNG project engineering company Amec Foster Wheeler in an all-share deal valued at more than 2.25 billion pounds ($2.75Bln).

Wood Group, the UK-based global energy services company whose headquarters are in Aberdeen, said it recently completed the seven-month front-end engineering and design for the Leviathan field development project in the East Mediterranean that will impact the LNG market when it comes on stream.