Robin Watson News

Seqwater has selected Wood Group as its partner in a new collaborative contract to maintain the South East Queensland (SEQ) Water Grid in Australia and water supply assets that serve 3.1 million South East Queenslanders. The innovative partnership will see the formation of a single maintenance team, which leverages expertise and capabilities across the two companies. Approximately 70 new jobs will be created within Wood Group under the five-year contract, which takes effect on October 1, 2016. Seqwater CEO Peter Dennis said the water authority went to market looking for a true partner. “The people in our maintenance team are experts in their fields.

Wood Group has been awarded an evergreen master services agreement (MSA) by Statoil to support the life cycles of its offshore  and onshore facilities. Work and services covered by the MSA include  engineering studies, detailed engineering, procurement services and management  assistance services. “This MSA reflects Wood Group’s  strong relationship with Statoil,” stated Robin Watson, chief executive. Wood Group has supported Statoil for  many years. Recent work includes four  subsea contracts, support for the Statoil Technical Efficiency Programme (STEP),  and providing maintenance and modification services to four installations on  the Norwegian continental shelf (NCS).

Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two year contract, which is effective immediately. The contract builds on Wood Group’s experience supporting the Polvo field, which consists of a fixed production and drilling platform connected to a floating production, storage and offloading vessel (FPSO). Wood Group Kenny has held two contracts to provide integrity management support to the field, the most recent of which completed in early 2015.

Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire and step down from his current role and from the board at the company’s annual general meeting in May 2015, at which time he will have held senior financial roles with Wood Group for over 19 years. Alan has been CFO and a member of the board since 2000. David Kemp, CFO of Wood Group PSN will succeed Alan and will join the board as an executive director following the 2015 annual general meeting. To ensure effective management of this change, David will assume the role of deputy CFO from 1 January 2015.