Wood has secured a new contract under an existing framework agreement. Under the contract, the company is delivering front-end engineering design (FEED) for Statoil’s Mongstad refinery near Bergen, Norway.
Effective immediately, the scope of the contract includes the design, engineering and analysis for modifications to reduce sulfur 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 sulfur content of gasoline, drawing on the company’s experience in the onshore process market.
Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia and 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 US$400 million to deliver maintenance and modification services to Statoil installations on the Norwegian Continental Shelf.
Read the article online at: https://www.hydrocarbonengineering.com/refining/10042018/wood-delivering-feed-for-statoil-refinery/