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Wood Group GTS Awarded $150m Contract to Support PERU LNG

Wood Group Wood Group GTS, part of John Wood Group PLC ("Wood Group"), has been awarded a long-term service agreement by PERU LNG worth US$150 million over an 18-year term. Wood Group GTS will provide a service and maintenance program to maximize machine availability of the gas turbines, compressors and generators for PERU LNG at their Pampa Melchorita site south of Lima. The agreement covers two General Electric Frame 7 (7EA DLN-1) gas turbine-driven compressor trains for the LNG process and three GE LM2500 + DLE aero derivative gas turbine power generator sets.

Wood Group GTS will implement remote monitoring and diagnostics, supply of spare parts, component repair, inventory management, field service andmaintenance management to maximize machine availability over the 18-year term. Wood Group GTS worked with the PERU LNG team to develop a flexible and risk sharing contract.

On winning the contract, Mark Papworth, Wood Group GTS' chief executive commented, "Our team integrated its technical skills and commercial knowledge to put forward a complete turnkey maintenance solution for the power generation and compressor drive equipment at our client's new LNG facility. This contract is an example of how Wood Group GTS can provide a broad, comprehensive solution to our customer. By aligning our performance and compensation to the operational objectives of PERU LNG, our focus will be on helping them extract maximum value from their rotating equipment assets by keeping them available and reliable, as well as driving down the overall cost of maintenance."

Wood Group Production Services has supported PERU LNG with the supply of specialized and technical personnel to Compañía Operadora de LNG del Perù(COLP), the operating company of PERU LNG, since 2007. COLP has been responsible for constructing the LNG plant and gas supply pipeline and will be responsible for the plant and pipeline operation and support services.

Wood Group (John Wood Group PLC) is an international energy services company with approximately $5.0bn sales, employing 28,000 people worldwide and operating in 50 countries. The Group has three businesses - Engineering & Production Facilities, Well Support, and Gas Turbine Services - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.

Published 22/02/2010

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