Wood Group (J) Regulatory News (WG.)

Wood providing operations services to Hess in the Gulf of Mexico

HOUSTON, September 6, 2018 - Hess Corporation has awarded Wood a three year non-exclusive agreement for the provision of operations, maintenance and other support services in the Gulf of Mexico.

Hess and Wood have worked together for more than 25 years on a wide range of projects worldwide and the work will be performed under a global enabling agreement, implemented in 2017. Hess and Wood are committed to a transparent, cooperative partnership based on continuous improvement. Using proven methodologies, the two teams aim to remove waste and improve performance, leading to safe and reliable operations.

Andrew Stewart, CEO of Wood's Asset Solutions Americas business said: "This award enables Wood to continue to assist Hess in the Gulf of Mexico as we unlock our combined potential to create more efficiency through innovation. We share the same operational excellence mindset and fully expect to achieve meaningful progress in safety, performance and cost savings."

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Note to Editors:

Wood is a global leader in the delivery of project, engineering and technical services to energy and industrial markets. We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. We provide performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, clean energy, mining, nuclear, and general industrial sectors. www.woodplc.com 

For further information contact: press.office@woodplc.com