Wood extends long-standing relationship with Equinor in Norway

Source: press release, 15 June 2021

Snorre A – spanning blocks 34/4 and 34/7 in the Tampen area of the Norwegian North Sea, the Snorre field has been producing oil and gas since August 1992
Snorre A – spanning blocks 34/4 and 34/7 in the Tampen area of the Norwegian North Sea, the Snorre field has been producing oil and gas since August 1992 (photo: Equinor/Harald Pettersen)

Wood, the global consulting and engineering company, has been awarded an extension to its existing framework agreement with international energy company, Equinor, to support their offshore assets in the Norwegian Continental Shelf.

With the agreement extending through to Q1 2023, Wood will work with Equinor to drive down costs, increase efficiency, and improve sustainability across the company’s Snorre A, Snorre B, Visund, Grane, and Martin Linge platforms.

While ensuring reliable and safe production, Wood will tap into its global decarbonisation expertise to identify and implement solutions that will play a key role in optimising energy consumption and reducing carbon emissions across the assets, supporting Equinor on their journey towards a more sustainable, integrated energy future.

Craig Shanaghey, Wood’s President for Operations in Europe, Middle East and Africa, says, “We are delighted to continue to strengthen and grow our global relationship with Equinor, particularly as we work together to deliver safe and competitive solutions for offshore conventional assets, while seeking opportunities to accelerate the journey to net-zero carbon emissions.”

“Securing this extension is testament to the strong performance of the Wood teams and solidifies our position as a leading provider of integrated offshore solutions in the Norwegian Continental Shelf,” adds Shanaghey.

The contract extension will be delivered by Wood’s existing teams in Norway, with the support of the company’s global expertise.