Wood Group Awarded $120 Million Contract Extension by Shell UK for Key Onshore and Offshore EPC Services

Wood Group Awarded $120 Million Contract Extension by Shell UK for Key Onshore and Offshore EPC Services

(IN BRIEF) Wood Group has been awarded a $120 million contract extension by Shell UK, continuing to provide brownfield engineering, procurement, and construction services for onshore and offshore assets in the UK. The extension includes new responsibilities at the Penguins FPSO and further strengthens the two companies’ decades-long partnership.

(PRESS RELEASE) ABERDEEN, 20-Feb-2025 — /EuropaWire/ — Wood Group PLC (“Wood”) has announced a significant $120 million contract extension with Shell UK Limited to provide brownfield engineering, procurement, and construction (EPC) services for onshore and offshore assets across the United Kingdom. The two-year, cost-reimbursable extension will focus on brownfield EPC services, alongside subsea and integrity management at several key Shell UK-operated facilities.

The new scope of work will cover the St Fergus and Mossmorran onshore terminals, as well as the Nelson, Gannet, and Shearwater offshore assets. Notably, Wood will also extend its EPC services to include the Penguins Floating Production, Storage, and Offloading (FPSO) unit, marking a new addition to the contract’s scope.

A Continued Partnership in Delivering Safe and Reliable Energy
Ken Gilmartin, CEO of Wood, expressed his pride in the ongoing collaboration with Shell: “We are honored to continue our longstanding partnership with Shell in the UK, focused on ensuring a consistent and reliable energy supply. This contract extension reflects the dedication of our people, who continue to deliver outstanding results and best-in-class outcomes for our clients.”

The contract extension will involve approximately 240 Wood employees, who will support the delivery of these critical services across the various facilities.

Wood initially secured the original EPC contract in 2021, cementing its position as a key partner for Shell UK’s ongoing operations.

Media Contacts:

Simon McGough, President, Investor Relations  +44 (0) 7850 978 741

Alex Le May / Ariadna Peretz, FTI Consulting  +44 (0)20 3727 1340

FTI_Wood@FTIconsulting.com

SOURCE: WOOD