|Wood Group - CCC JV wins US$800m contract with PDO
7 December 2010
Wood Group - CCC JV wins US$800m contract with PDO
Petroleum Development Oman (PDO) has awarded a seven-year engineering and
maintenance services contract (EMC) to Wood Group - CCC, a joint venture set up
to provide operations and maintenance services for the oil & gas and
petrochemical industries in Oman, Bahrain, Kuwait, Qatar, Saudi Arabia, UAE and
The contract, which has a three year extension option, will include integrated
engineering, construction, maintenance and support services for existing PDO
facilities onshore in Southern Oman.
Wood Group's market leading engineering, operations and maintenance expertise,
together with CCC's market leading engineering and construction capabilities
and substantial regional resource base in Oman and the Middle East, will bring
a highly complementary service to PDO.
Les Thomas, board director for Wood Group Production Facilities said, 'Wood
Group -CCC is delighted to have won this important contract and we look forward
to working closely with PDO over the next seven years to achieve their project
and business objectives. A key aspect of our operating success has been our
ability to develop the local resource base and this ethos will be brought to
Oman and the EMC as a core objective.'
Samer Khoury, executive vice president operations, CCC said, 'We are delighted
to apply the great complementary strengths of Wood Group and CCC to service the
needs of PDO. Both companies put health, safety, environment, people,
competence and training at the top of their agendas and this contract win
represents a major step in the strategic evolution of the joint venture,
demonstrating our capability to Middle East clients.'
Over the next 10 years it is estimated that there will be $600bn of investment
in oil & gas and petrochemical plants in the region with a need for ongoing
operations and maintenance support. Wood Group-CCC is a powerful combination
that has the people, equipment, skills and experience to provide that support.
Note to editors
Wood Group - CCC Limited brings together Wood Group and Consolidated
Contractors Company in a joint venture to service the region's oil & gas and
petrochemical industries. WG-CCC provides integrated capabilities in operations
and maintenance services, which are supported by a substantial regional
resource base in the Middle East.
Wood Group is an international energy services company with approximately
$5.0bn sales, employing more than 29,000 people worldwide and operating in 50
countries. The Group has three businesses-Engineering & Production Facilities,
Well Support, and Gas Turbine Services-providing a range of engineering,
production support, maintenance management and industrial gas turbine overhaul
and repair services to the oil & gas, and power generation industries
Consolidated Contractors Company (CCC) is the largest engineering and
construction company in the Middle East region employing 120,000 people in 43
countries. CCC provides project management, engineering, procurement and
construction services to clients in the oil & gas and petrochemical industries.
CCC is a pioneer in executing plant construction on a partnership basis with
international engineering companies, including EPC contracts for upstream oil &
gas, water and oil & gas pipelines; EPC contracts for high quality buildings,
industrial buildings, infrastructures and networks; complete construction of
petrochemical plants and refineries, oil loading and offloading terminals and
storage facilities, heavy and light industrial plants; plus the heavy civil
construction of power and desalination plants, water treatment plants and
distribution systems, sewage treatment plants, dams and reservoirs, harbours
and docks, airports, bridges and highway interchanges, roads and highways. The
company conforms to the highest safety and quality requirements and is
certified by BV to ISO 9001, ISO 14001 & OHSAS 18001.
For media enquiries please contact:
Carolyn Smith, Corporate Communications - Eastern Hemisphere, Wood Group
Tel: +44 (0) 1224 851099, e-mail: firstname.lastname@example.org