Wood Group (John) PLC Wood awarded a major EPC contract on US Gulf Coast (1721K)
12 December 2018 - 6:00PM
UK Regulatory
TIDMWG.
RNS Number : 1721K
Wood Group (John) PLC
12 December 2018
Wood providing EPC services to proposed world-class ethylene
project
HOUSTON, December 12, 2018 - Wood has been awarded a major
contract to deliver engineering, procurement and construction (EPC)
services on a reimbursable basis for a world-class plastics
manufacturing facility along the US Gulf Coast. The actual
construction of the plant is contingent on receipt of environmental
permits.
The five-year contract will see Wood deliver EPC services for
key infrastructure to support the plastics facility, including a
world-class ethane steam cracker unit, feeding a monoethylene
glycol unit and two polyethylene units.
Andrew Stewart, CEO of Wood's Asset Solutions Americas business,
said: "This is a strategic and significant contract to Wood. We
have invested significantly in establishing best in class EPC
services and in developing our chemicals expertise. This contract
serves to underline the return on that investment. We understand
the needs of our client on this mega project and are committed to
delivering excellence."
The contract, which is already underway, is one of the largest
contracts in Wood's Americas business, and will see around 1100
employees deployed during peak construction. Wood's project team
has already achieved one million safe man hours on the project.
Pending receipt of environmental permits, anticipated work
completion is scheduled for late 2021.
-ends-
Note to Editors:
Wood is a global leader in the delivery of project, engineering
and technical services to energy and industrial markets. We operate
in more than 60 countries, employing around 60,000 people, with
revenues of over $10 billion. We provide performance-driven
solutions throughout the asset life cycle, from concept to
decommissioning across a broad range of industrial markets,
including the upstream, midstream and downstream oil & gas,
power & process, environment and infrastructure, clean energy,
mining, nuclear, and general industrial sectors.
www.woodplc.com
For further information contact: press.office@woodplc.com
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