Wood Group, an Aberdeen-based global oil and gas services company, on Monday said it signed a five-year contract with Hibernia Management and Development Company to provide engineering, procurement, construction (EPC) and maintenance services to the offshore Newfoundland Hibernia platform.
The contract will be executed by Wood Group's Eastern Canada operations, in St. John's, Newfoundland & Labrador, and has the potential of two additional five-year contract extensions.
Michele McNichol, chief executive for Wood Group's Asset Life Cycle Solutions business in the Western Hemisphere, said: "Since first oil in 1997, Wood Group has been the incumbent contractor for many of these services on the Hibernia platform. The first producing field of Canada's East Coast, it has been a cornerstone of our business in the region.”
Wood Group is one of the largest brownfield engineering and construction offices in Atlantic Canada with more than 500 people working onshore and offshore. Currently, Wood Group executes EPC contracts on two of the three production platforms located offshore Newfoundland.
Hibernia is an oil field in the North Atlantic Ocean, approximately 315 kilometres east-southeast of St. John's, Newfoundland, Canada, in 80 metres of water.