Wood Group PSN signs new multi-million dollar, five-year contract extension from Hibernia Management and Development Company Ltd in Canada

ABERDEEN, 21-11-2014 — /EuropaWire/ — Wood Group PSN (WGPSN) will continue its provision of engineering, procurement and construction services to the Hibernia platform, offshore Newfoundland and Labrador, under a new multi-million dollar, five-year contract extension from Hibernia Management and Development Company Ltd. (HMDC).

Since first oil in 1997 WGPSN has been the incumbent contractor for these services and the contract is still a cornerstone of WGPSN business in the region. Hibernia was the first producing field off Canada’s East Coast.

Tim O’Leary, president, Wood Group PSN Canada said: “The extension of our contract to provide services for the Hibernia platform is evidence of the continued high level of service we have demonstrated and of the confidence this key client has in our team.”

Wood Group PSN is one of the largest brownfield engineering and construction offices in Atlantic Canada with more than 500 people working onshore and offshore.

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Notes to editors:

Wood Group is an international energy services company with around $7bn sales, and operating in more than 50 countries. The Group is built on our Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support, and maintenance management services to the oil & gas, and power generation industries worldwide. www.woodgroup.com

Wood Group PSN is a global provider of pre-operations, hook up & commissioning, operations & maintenance, engineering, construction, project management, training and decommissioning services to the energy industry. Employing over 30,000 people in more than 40 countries, Wood Group PSN offers high integrity, brownfield services that support customers to optimise performance, maintain production, reduce operating costs and provide integrity assurance. www.woodgroup-psn.com

For further information contact:
Kelly Potts, External Affairs Lead
Tel: +44 (0) 1224 532569, email: kelly.potts@woodgroup.com

Carolyn Smith, External Affairs Manager
Tel: +44 (0) 1224 851099, email: carolyn.smith@woodgroup.com

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