Wood Group has been awarded an evergreen master services agreement (MSA) by Statoil to support the life cycles of its offshore and onshore facilities. Work and services covered by the MSA include engineering studies, detailed engineering, procurement services and management assistance services.

“This MSA reflects Wood Group’s strong relationship with Statoil,” stated Robin Watson, chief executive. “We look forward to leveraging our global knowledge and expertise to provide Statoil with the best technical services for its facilities.”

Wood Group has supported Statoil for many years. Recent work includes four subsea contracts, support for the Statoil Technical Efficiency Programme (STEP), and providing maintenance and modification services to four installations on the Norwegian continental shelf (NCS).

About Wood Group

Wood Group is an international energy services company with around $6bn sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide.

About Statoil

Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway, with approximately 23,000 employees worldwide, and are listed on the Oslo and New York stock exchanges.