Fossil Energy – Brazil
Engineering company Wood has been awarded two significant offshore contract extensions in Brazil.
They include the provision of operations services for Trident Energy and maintenance solutions for Equinor.
In July, Wood and Trident Energy signed an agreement to perform production and deck operation services onboard platforms P08, P65, PCE1 and PPM1. This contract is a one-year extension of the existing agreement that began in 2020, and the continuation of a long-term relationship between both companies. In support of Trident’s mature field development, Wood has also been awarded Engineering and Modification projects for the same assets.
The Equinor contract is the fourth one-year extension awarded to the team, with the contract initially secured in 2015 as a four-year commitment with options to extend. Wood’s team, now consisting of approximately 640 people mobilized on a large maintenance and technical upgrade campaign, will continue to provide maintenance solutions to optimise the Peregrino assets.
This contract extension builds on a long-term and global relationship with Equinor across its operations in the United Kingdom, Norway, and Brazil.