Wood Group, the global consulting and engineering firm, has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCM) solutions for Shell's Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia.

Ken Gilmartin, CEO at Wood said "LNG is a key transition fuel as industry balances the need for global energy security with the importance of urgent reduction in carbon emissions.

"We're delighted to build on our 70-year global relationship with Shell to deliver integrated brownfield engineering solutions for Prelude, the world's largest floating offshore gas facility.

"The contract will draw on our global LNG expertise and underlines our position as a market leader for brownfield engineering across Australia," Gilmartin said.

Shares in the firm rallied on Tuesday when the announcement was made to the London Stock Exchange, opening at GBP195.50 per share, up slightly on the close the previous evening.

Adam Cheeseman, Wood's SVP Australia West, added: "Delivered by our teams in Perth and Darwin, this win is a testament to the strength of our client relationship, our track record of successful industrial relations and our unique capabilities in construction management.

"Securing this major contract means we are now the only company providing brownfield engineering support to every major O&G operator in Western Australia – something we are tremendously proud of," Cheesman said.

The contract starts this month.

Source: Energy News Bulletin