Wood Group PSN has announced the extension of its contract with TAQA Bratani by a further five years.
Under the terms of the services contract, Wood Group PSN will provide operations and maintenance support, and engineering and construction services, to TAQA's Cormorant Alpha, North Cormorant, Tern and Eider platforms in the northern North Sea.
The contract is an extension of the previous duty holder and integrated facility management services contract that was awarded to Wood Group in November 2008.
TAQA Bratani Limited is an upstream exploration and production company based in Aberdeen and working in the UK Continental Shelf. The company is wholly-owned by the Abu Dhabi National Energy Company PSJC (TAQA).
Wood Group PSN has approximately 600 personnel under the contract with TAQA—200 working onshore and 400 offshore.
Robin Watson, UK managing director for Wood Group PSN, commented: "We are delighted to continue our long term relationship with TAQA and see this as a great opportunity to continue supporting our client to deliver on its North Sea business objectives.
“This contract extension is also an endorsement of the value we have added to TAQA's investment and delivery over the past three years, and underlines the benefits of a long-term, mutually aligned business relationship."
Leo Koot, managing director of TAQA Bratani, added: "We value the long term relationship that we have built with Wood Group over the last few years and will now continue with Wood Group PSN. Their understanding of the TAQA assets will be vital in targeting the next level of operational efficiency from our mature installations."
Headquartered in Aberdeen, Wood Group PSN provides pre-operations, hook-up and commissioning, operations and maintenance, engineering, construction, project management, training and decommissioning services to the energy industry. The company employs over 23,000 people in more than 35 countries worldwide.
Wood Group PSN is a unit of the international energy services company Wood Group, also based in Aberdeen.
