Wood Group scores Kazakhstan deal with NCOC
- Business & Finance
UK-based energy services company Wood Group has secured a new framework agreement to provide study engineering for North Caspian Operating Company’s (NCOC) offshore and onshore asset portfolio in Kazakhstan.
Wood Group said on Wednesday that the contract extended its support of NCOC as the company is currently delivering the concept and pre-FEED for the Kalamkas-Khazar co-development project.
The services provider also holds a multi-year engineering, procurement, and construction contract in support of Kashagan operations through its joint venture PSN KazStroy, a JV between Wood Group’s Production Services Network (PSN) and OGCC KazStroyService.
Dave Stewart, CEO of Wood Group’s asset lifecycle solutions business in the eastern region, said: “Wood Group has been present in the region for over ten years. We will combine our strong knowledge of the area, global expertise across the asset lifecycle and experience of the engineering, planning and construction criteria required to operate successfully in harsh and complex environments to support NCOC’s diverse asset portfolio.
“We will remain firmly focused on maximizing regional employment opportunities and leveraging our partnerships with local companies, under this new framework agreement.”