UK-headquartered energy giant Shell has hand-picked Wood’s joint venture company, Massy Wood, for the delivery of engineering projects and asset support in Trinidad and Tobago.
The five-year framework agreement enables Massy Wood to support Shell’s onshore and offshore assets, providing services that include turnaround support for their mature brownfield assets and supporting new greenfield projects. The firm’s Trinidad-based, 1,000-strong team has worked for the oil major since 2018.
Shawn Combden , Wood’s President of Operations, Americas, noted: “This award is built on our long-standing relationship with Shell where we have a reputation for delivering high quality projects with an excellent safety record. This win provides significant opportunities for our local teams to continue their commitment to deliver the future of energy through process and operational improvements as we move closer to net-zero.”
Shell is present in pipelines and offshore and onshore blocks in the country, both operated and non-operated. The firm also has a larger presence in Atlantic LNG, where it is a non-operating partner. In addition, the company owns and operates three offshore platforms, NCMA and ECMA; two onshore processing facilities, Beachfield and CB; and one logistics base in Chaguaramas.
In Trinidad and Tobago, the headquartered giant delivers an integrated gas operation to supply the petrochemical market and the 1995-built Atlantic LNG, deemed the world’s largest liquefaction facility at construction. The firm’s equity in the Atlantic LNG plant ranges from 46% to 57.5% in each of the four trains at the Point Fortin facility.
Commenting on the new five-year deal with Shell, Steve Nicol , Executive President of Operations at Wood, remarked: “This agreement is a strategic achievement for our team in Trinidad, solidifying Massy Wood as the front-runner of asset integrity in the region. We are dedicated to supporting our clients today through asset management and upgrades delivering energy security to the region.”
The deal with Shell comes shortly after Wood secured a deal with Inpex Corporation to work on several decarbonization projects. Before this, the company won a contract with BP for topside modifications to support the oil major’s subsea tie-back in the UK sector of the North Sea.