Petroleum Development Oman (PDO) has awarded a US$800 million, seven-year engineering and maintenance services contract (EMC) to the joint venture between Wood Group and Consolidated Contractors Company (CCC) set up to provide operations and maintenance services for the oil and gas and petrochemicals industries in Oman, Bahrain, Kuwait, Qatar, Saudi Arabia, UAE and Yemen.
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.
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 $600 billion of investment in oil and gas and petrochemical plants in the region with a need for ongoing operations and maintenance support.
Wood Group is an international energy services company with approximately $5 billion 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 and gas, and power generation industries worldwide.
Consolidated Contractors Company is an Athens, Greece based engineering and construction company operating in the Middle East. It employs 120,000 people in 43 countries. CCC provides project management, engineering, procurement and construction services to clients in the oil and gas and petrochemical industries.
