Wood Group has been awarded a new front end engineering design (FEED) contract with Gastrade S.A for work at the Alexandroupolis independent natural gas system offshore Greece.
The work will cover the development of a floating LNG receiving, storing and regasification project to create a new natural gas network to the markets of south eastern and central Europe.
Wood Group’s specialist technical solutions chief executive Bob MacDonald said: “This contract brings our global expertise and technical solutions to a new client and we look forward to working with Gastrade S.A. as the main engineering contractor for developing this FEED.
“Our subsea capabilities combined with the engineering proficiency of our people and cost effective technical solutions, position us well to deliver this milestone European project.”
The company’s subsea team will perform the design and engineering definition of the project and its subsystem to determine the final investment decision for the project later this year.