Wood Group win 5 year Total contract

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Wood Group win 5 year Total contract

Oil and gas services company Wood Group has been awarded a multi-million dollar North Sea contract by French oil giant Total.

Under the deal, Wood Group PSN (WGPSN) will provide engineering, procurement, construction and commissioning services to four offshore assets and two onshore facilities.

The five-year contract includes an option for two one-year extensions.

It is the second major oil sector deal Wood Group has picked up this month.

In mid-March, the Aberdeen-based company won a contract from Statoil worth more than £40m to expand and upgrade a Norwegian gas processing plant.

Under the Total deal, WGPSN will continue to provide services for Total’s Alywn, Dunbar, Elgin and Franklin platforms and the St Fergus Gas Terminal.

It will also support the Shetland Gas Plant, the onshore receiving facility for Laggan/Tormore, which will start production later this year.

WGPSN UK managing director Dave Stewart said: “Our knowledge and in-depth understanding of this key client’s needs, and our strong commitment to working safely, collaboratively, innovatively and efficiently to maximise productivity of these assets, helped us to secure this contract.”

Source: www.bbc.co.uk

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Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.