Contact us Find us Register
Back to previous section

Wood Group JV secures five-year contract with Brunei Shell Petroleum.

Consulting and engineering firm Wood Group and its joint venture partner, Tendrill International, said on Monday that they had secured a five-year contract with Brunei Shell Petroleum for brownfield engineering, procurement, and construction services.

  • Wood Group (John)
  • 16 June 2025 07:14:29
John Wood Group

Source: Sharecast

Under the contract, the TendrillWood JV will deliver integrated, end-to-end brownfield EPC projects across Brunei Shell Petroleum's offshore and onshore assets.

The FTSE 250-listed group, which owns 75% of the joint venture, also noted that the five-year contract includes a two-year extension option.

Wood chief executive Ken Gilmartin said: "This award strengthens our position as a trusted EPC partner in Brunei. For over a decade Wood has consistently delivered safe, reliable and efficient engineering and operations solutions to BSP, contributing to domestic energy security.

"Our experience of BSP's assets enables us to advance asset performance while enhancing local skills development and creating opportunities for the regional supply chain."

Reporting by Iain Gilbert at Sharecast.com

FTSE Small Cap ( SMX )

ISIN: N/A
Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change: -5.46 ( -0.08 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.