Wood wins $43m pipeline contract
TEXAS (US), December 5, 2018
Wood, a global leader in project, engineering and technical services to energy and industrial markets, has been awarded a $43 million contract by a large-cap midstream company to construct 80 miles of steel pipeline in west Texas.
The project will serve to transport natural gas liquids (NGL) across Texas. At peak construction, the project is anticipated to employ 200 people, the company said.
Andrew Stewart, CEO of Wood’s Asset Solutions Americas business, said: “This is a strategic pipeline for the US and we are proud to play our part in delivering this milestone project. We have the largest and most vertically integrated pipeline project offering in North America and this win strengthens our position as a major midstream player.”
Wood operates in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. -TradeArabia News Service
