Harbour Energy Awards £262m Contract to Wood Group, Promising Aberdeen’s Economy Hundreds of Jobs

Wood Group Secures £262m Contract with Harbour Energy, Creating Job Opportunities in Aberdeen

  • London-based Wood Group has announced a five-year contract with Harbour Energy, set to provide hundreds of jobs in Aberdeen.
  • The deal is worth £262 million ($330 million) and will involve engineering, procurement, construction, operations, maintenance, and digital and decarbonisation solutions for Harbour Energy’s offshore assets.

Wood Group, a major player in London’s oil and gas sector, has secured a lucrative five-year contract with Harbour Energy. This contract, valued at £262 million ($330 million), will bring significant job opportunities to the Aberdeen region.

Under the contract, Wood Group will provide engineering, procurement, construction, operations, and maintenance services, along with digital and decarbonisation solutions, for Harbour Energy’s offshore assets. These assets play a critical role in ensuring the UK’s energy security.

The Aberdeen-based company said that has entered in a five year contract with Harbour Energy for $330million (around £262million)

The Aberdeen-based company said that has entered in a five year contract with Harbour Energy for $330million (around £262million)

Steve Nicol, Wood’s executive president of operations, expressed pride in the partnership with Harbour Energy. He emphasized their shared commitment to safe, reliable, and sustainable energy production. Nicol believes that Wood’s expertise in integrated digital solutions, engineering, operations, and decarbonisation will help Harbour Energy maximize their investment and contribute to the UK’s low carbon future.

Harbour Energy recently announced a small first-half loss due to declining energy prices and high tax payments. Despite the challenging market conditions, Harbour Energy remains confident in its strategic partnerships, such as the one with Wood Group, to drive success in the North Sea oil and gas industry.

Audrey Stewart, Harbour Energy’s vice president of supply chain, highlighted the importance of the contract with Wood Group in establishing long-term strategic partnerships for their North Sea assets. This collaboration will create job opportunities for hundreds of people in Aberdeen and offshore locations.

For more information, visit Harbour Energy’s website.

Reference

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