LONDON--Energy services company John Wood Group PLC (WG.LN) said Wednesday that Wood Group PSN, or WGPSN, has been awarded a contract to provide engineering, procurement and construction services to support the Gippsland Basin Joint Venture's retrofit portfolio of projects in Victoria, Australia.

MAIN FACTS:

-Awarded contract by Esso Australia Proprietary Limited, an Australian unit of ExxonMobil (XOM).

-Joint venture includes ExxonMobil, as operator, and BHP Billiton (BLT.LN).

-Under the contract, WGPSN will provide brownfield engineering, procurement and construction service support to the Gippsland Basin Joint Venture's offshore facilities in the Bass Strait and onshore facilities at Longford Gas Plant, Long Island Point and Barry's Beach Marine Terminal in Victoria.

-Contract is effective from April.

-Shares of John Wood on Tuesday closed at 762 pence, valuing the company at GBP2.86 billion.

-Write to Tapan Panchal at tapan.panchal@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Exxon Mobil Charts.
Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Exxon Mobil Charts.