Wood secures $120 million engineering contract extension with Shell UK

John Wood Group PLC (‘Wood’ or ‘the Company’) has been awarded a $120 million contract extension by Shell UK Limited to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.

The two-year, cost-reimbursable contract extension, centres on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus and Mossmorran onshore terminals and the Nelson, Gannet and Shearwater offshore assets. New to the contract scope, Wood is also providing EPC services on the Penguins FPSO.

Ken Gilmartin, CEO at Wood said:
“We are proud to continue our decades-long relationship with Shell in the UK, focusing on the continued delivery of safe, reliable energy supply. The extension is recognition of our people and their commitment to deliver best-in-class outcomes for our clients.”

The contract extension will be supported by around 240 Wood employees.

Wood secured the original EPC contract in 2021.

For further information:

Simon McGough, President, Investor Relations  +44 (0) 7850 978 741

Alex Le May / Ariadna Peretz, FTI Consulting  +44 (0)20 3727 1340

FTI_Wood@FTIconsulting.com