Wood Group GTS secures multi-year gas turbine maintenance agreement with Maersk FPSOs UK Ltd

HOUSTON, Texas, June 12, 2012 /PRNewswire/ -- Wood Group GTS has secured an exclusive term maintenance agreement with Maersk FPSOs to support multiple Siemens gas turbines operating on their Curlew and North Sea Producer Floating, Production, Storage and Offloading (FPSO) units. The contract duration is five years.

Maersk's FPSOs operate in some of the most demanding environments in the world and must deliver outstanding performance. The Curlew and North Sea Producer FPSOs were developed to meet the specific requirements of the UK continental shelf and operate under sometimes very challenging circumstances.

This award encompasses planned and unplanned maintenance activities on six Siemens gas turbines including two TB5400, two SGT-200 (Tornado) and two SGT-100 (Typhoon) engines. The comprehensive work scope will include field service, technical support, repair and full engine overhaul services.

Tom Sanders, Procurement Manager of Maersk stated, "Gas turbines operating on our North Sea assets provide a vital source of electrical power that's essential to the successful operation of our FPSOs. We selected Wood Group GTS based on their ability to provide a total support package and the transparency of their business process."

"We recognise the importance oil & gas customers place on the reliability of their production assets and the need for suppliers to demonstrate a robust support service capability to maintain process critical equipment" said Iain Murray, Oil Gas & Industrial Services President of Wood Group GTS. "We are delighted to have been selected by Maersk FPSOs to support these high profile North Sea assets."

Note to Editors:

Wood Group GTS is a leading independent provider of rotating equipment services and solutions for clients in the power, oil & gas and clean energy markets. Worldwide, these services include: power plant engineering, procurement and construction; facility operations & maintenance; and repair & overhaul, optimisation and upgrade of gas, wind and steam turbines, pumps, compressors and other high-speed rotating equipment www.woodgroupgts.com

Wood Group is an international energy services company with $6bn sales, employing more than 41,000 people worldwide and operating in 50 countries. The Group has three businesses - Engineering, Wood Group PSN and Wood Group GTS  - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.  www.woodgroup.com

Maersk FPSOs is a subsidiary of A.P. Moller - Maersk Group, a worldwide conglomerate operating in 130 countries with a workforce of 108,000 employees. In addition to owning one of the world's largest shipping companies, they're involved in a wide range of activities in the energy, logistics, retail and manufacturing industries. www.maersk-fpsos.com

SOURCE Wood Group

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