Wood is delivering front-end engineering design (FEED) for Statoil’s Mongstad refinery near Bergen, Norway, as part of a new contract secured under an existing framework agreement.

Effective immediately, the scope of the contract includes the design, engineering and analysis for modifications to reduce sulphur content in gasoline produced at the refinery.

Wood’s in-country engineering teams will also focus on the design to upgrade the refinery’s naphtha hydrotreating and storage systems to meet new fuel specifications on the sulphur content of gasoline, drawing on the company’s experience in the onshore process market, globally.

Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia & Australia comments: “Wood has developed a strong relationship with Statoil over two decades and this award clearly demonstrates their confidence in our technical capabilities, experience in the onshore process industry and our ability to provide local support and engineering expertise.

“This new contract also supports Wood’s strategic focus on expanding our footprint in the onshore market in Norway and across Europe, providing engineering and technology for the refining process.”`

In 2015, Wood secured a six-year main contractor framework agreement worth approximately $400 million to deliver maintenance and modification services to Statoil installations on the Norwegian Continental Shelf.

About Wood

Wood is a global leader in the delivery of project, engineering and technical services to energy and industrial markets. We operate in more than 60 countries, employing around 55,000 people, with revenues of over $11 billion. We provide performance-driven solutions throughout the asset life-cycle, from concept to decommissioning across a broad range of industrial markets including the upstream, midstream and downstream oil & gas, chemicals, environment and infrastructure, power & process, clean energy, mining and general industrial sectors. We strive to be the best technical services company to work with, work for and invest in.

About Statoil

Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in more than 30 countries, present in several of the most important oil and gas provinces in the world. Building on more than 45 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. Statoil is among the world's largest net sellers of crude oil and condensate, the second-largest supplier of natural gas to the European market, and we also have substantial processing and refining operations. Statoil’s equity oil and gas production is around 2 million barrels oil equivalent per day. Statoil has contracted a fleet of around 90 ship for transportation of oil and LNG.
Statoil is headquartered in Norway with 21,000 employees worldwide, and is listed on the New York and Oslo stock exchanges.