Scottish firm wins major PNG contract
Papua New Guinea’s economic dynamo is continuing to attract big players from far and wide to its shores. A Scotland base firm has won a £450 million contract from the world’s biggest oil company, Exxon-Mobil, to work on its LNG sites in the Pacific Island country. <!--more-->
Under an initial five-year contract, which might be further extended by two terms of two years each, the Aberdeen-based Wood Group will construct, engineer and maintain services for Esso Highlands’ liquefied natural gas (LNG) operations.
The contract is expected to create some 500 jobs including some 300 roles in construction activities in PNG and 150 engineering jobs in Melbourne.
The LNG project in PNG includes natural gas production and processing sites, onshore and offshore pipelines and liquefaction facilities. Esso Highlands is operating the project on behalf of its partners, which consist of Oil Search, National Petroleum Company, Santos, JX Nippon Oil & Gas, Mineral Resources Development and Petromin.
Matt Gavin, managing director of Wood Group’s Production Services Network (WGPSN) division in Asia Pacific and Australia said, “We are thrilled with the award of this contract, which enables us to cement our position in the Asia Pacific LNG market. WGPSN has a long history with Exxon-Mobil globally, providing operations and technical support in Australia and Asia Pacific, the United States, and Africa.”
The Papua New Guinea contract is the latest in a string of recent deals for Wood Group.