John Wood Group Wins Contract With IRPC in Thailand
October 18 2018 - 5:36AM
Dow Jones News
By Adria Calatayud
John Wood Group PLC (WG.LN) said Thursday that it has been
awarded a one-year contract to provide front-end engineering design
for IRPC PCL's (IRPC.TH) petrochemical complex in Thailand's Rayong
province.
The contract will be delivered from Wood's offices in Sriracha,
Thailand, and secures around 100 jobs in the country, the FTSE
100-listed energy-services company said. The value of the contract
wasn't disclosed.
The deal is meant to support IRPC's expansion of its aromatics
business for a paraxylene complex to be built at the Thai company's
existing site in Rayong, Wood said.
Wood shares at 0854 GMT were up 1.1% at 739.80 pence.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
October 18, 2018 05:21 ET (09:21 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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