John Wood Group Secures $500 Million Services Contract
April 28 2016 - 3:15AM
Dow Jones News
LONDON--Oil and gas services company John Wood Group PLC (WG.LN)
said it has secured a new five-year contract worth $500 million to
deliver services to eight BP PLC (BP.LN) projects located offshore
Azerbaijan.
The company said unit Wood Group PSN, with immediate effect,
will provide engineering, procurement and construction management
services under the contract. The contract has two extension options
and each option has a term of two years.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
April 28, 2016 03:00 ET (07:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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