Wood Group said today it will carry out maintenance work on an Australian water grid as part of a five year contract worth $30million. The Aberdeen energy service giant said about 70 new jobs would be created within the company to cover the workload. Seqwater, an organisation which supplies water to 3.1 million people in South East Queensland, chose Wood Group as its partner for the job.
The Oil and Gas Authority (OGA) has handed out four contracts worth more than £6million in total for studies intended to aid exploration, production and decommissioning on the UK continental shelf (UKCS). Technical services organisation Lloyd’s Register, which secured two of the four deals, will supply the regulator with exploration maps and field support engineering. British Geological Survey will provide geoscience project services and data to help uncover and measure the scale of new resources.
INTERNATIONAL oil and gas logistics company Asco said yesterday it had won three North Sea contracts, together worth more than £90million.
Subsea contractors seem to be riding out the oil-price downturn and impacts of recession relatively well, judging from views garnered from two first-division players with quite a different approach to financing their future ambitions.
North-east oil service company Aker Qserv sees Houston as a key centre from which to expand its international development.
ABERDEEN-BASED Subocean revealed yesterday that it had landed renewable-energy contracts worth more than £100million in 2008.