News | June 6, 2007

Wood Group Opens New Facility, Wins Three-Year Contract With Major Oil & Gas Company

International energy services company, John Wood Group PLC ("Wood Group"), officially opened a new 600m2 service facility in Qatar recently. Wood Group Engineering Services Qatar LLC, part of the Group's Gas Turbine Services Division, specializes in servicing pump, compressor and valve equipment used in the power and oil & gas industries. An initial $1 million has been invested in this market entry by our Qatar facility, bringing Wood Group's total investment to date in the Middle East region to more than $55 million.

Wood Group Engineering Services Qatar LLC has already won its first contract with a major oil & gas company in Qatar, to provide machine shop support services over three years at onshore refining and production facilities.

Stuart Broadley, Managing Director & President of Wood Group's Light Industrial Turbines business, said: "The new facility provides operators in Qatar with local, cost-effective repair solutions delivered by a world leading service provider, and further strengthens Wood Group's commitment to supporting the Middle East region."

Managing the Qatar operation is new Business Unit Manager, Steven Strang, who joins Wood Group from Weir Engineering Services.

About Wood Group
Wood Group is an international energy services company with approximately $3.5bn sales, employing 20,000 people worldwide and operating in 44 countries. The Group has three businesses — Engineering & Production Facilities, Well Support, and Gas Turbine Services — 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.

About Wood Group Gas Turbine Services
Wood Group Gas Turbine Services is the world-leading independent provider of integrated maintenance solutions, and repair and overhaul services for industrial gas turbines, used for power generation, compression and transmission in the oil & gas and power generation industries.

About Wood Group Light Industrial Turbines
Wood Group Light Industrial Turbines provides independent service solutions for Siemens and Solar gas turbines, and other high-speed rotating equipment used in the global oil & gas, power and industrial markets, including pumps, compressors, gearboxes and power turbines. The business operates from dedicated facilities in the UK, US, South America and the Middle East.

SOURCE: Wood Group