Wood Group PSN (WG.L, WDGJF.PK) announced it has secured a two year North Sea contract extension with TOTAL E&P UK Ltd., which is anticipated to be valued at US$150 million. TOTAL first awarded Wood Group the contract ten years ago.
Under the contract, Wood Group will continue to provide engineering, procurement, construction and commissioning services to TOTAL's Alwyn, Dunbar, Elgin and Franklin offshore platforms and the St Fergus onshore gas plant.
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