Shell UK Awards $120 Million Contract Extension to Wood
Shell UK Awards $120 Million Contract Extension to Wood

Shell UK Awards $120 Million Contract Extension to Wood

News summary

Shell UK has awarded a $120 million contract extension to Wood for brownfield engineering, procurement, and construction (EPC) services over a two-year period. This extension includes work on both onshore and offshore assets, notably at the Shell-operated St Fergus and Mossmorran terminals, as well as the Nelson, Gannet, and Shearwater offshore sites. Additionally, Wood will now provide EPC services for the Penguins Floating Production Storage and Offloading (FPSO) unit, which has recently resumed production. Approximately 240 employees from Wood will support this project, reflecting the long-standing partnership between Shell and Wood. CEO Ken Gilmartin highlighted the importance of delivering safe and reliable energy supply through this contract. Wood originally secured the EPC contract for these assets in 2021.

Story Coverage
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
5 hours ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

21Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News