Wood Group signs $330m services deal with Harbour Energy
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Engineering company Wood Group said it had struck a $330m services agreement with North Sea oil and gas producer Harbour Energy.
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Under the deal, Wood will provide engineering, procurement and construction and operations and maintenance services, including digital and decarbonisation solutions, for a number of Harbour's offshore assets.
The partnership will run for an initial term of five years, with five one-year extension options covering Harbour's operated assets, including its J-Area, Greater Britannia Area, Solan and Armada, Everest, Lomond and Erskine hubs.
Reporting by Frank Prenesti for Sharecast.com