Wood Group has secured a new five-year framework agreement with petrochemical firm Valero Energy for its onshore refinery in Wales.
Valero, a manufacturer and marketer of transportation fuels, petrochemical products and power has appointed Wood Group Industrial Services (WGIS), Wood Group PSN’s industrial service line business, to provide services to the Pembroke facility in south west Wales.
Wood Group said the deal represents an important expansion into the UK petrochemical sector. WGIS will deliver surface preparation and application of protective coatings under the contract, which has a one year extension option. The value of the deal has not been disclosed.
Hugh Pelham, managing director of WGIS said: “WGIS has the broad capabilities and experience that positions us well to further extend our expertise into the downstream process and energy market.
“Our focus will be working in partnership with our client to deliver effective and efficient services to enhance the integrity of the asset.”
In 2015, WGIS secured more than $300m of new contracts.
