Portuguese 
Spanish 
Wood Renewed a US$ 80 Million Contract with Equinor to Provide Maintenance and Modification Solutions for the Oil Company’s Offshore Assets in the Peregrino Field in the Basin of Campos.
Wood, a consulting and engineering company, announced last Thursday (02/01) the renewal of a US$ 80 million contract with Equinor Brazil, one of the largest energy companies in the world. The contract provides for the supply of maintenance and modification solutions for Equinor’s offshore assets in the Peregrino field, located in the Basin of Campos, about 85 km off the coast of Rio de Janeiro.
Wood and Equinor Renew Partnership for Offshore Maintenance in the Basin of Campos
The Peregrino field is the largest exploration and production project of Equinor outside of Norway, featuring two wellhead platforms and a floating production storage and offloading unit (FPSO).
Wood is responsible for providing engineering support, pre-fabrication and equipment, offshore installation, commissioning, and turnaround (TAR) for these assets, aiming to optimize their performance and extend their lifespan.
-
Qantas and Airbus Invest in Company Aiming to Convert Unsorted Household Trash into Jet Fuel
-
Brazil’s ANP Opens 86 New Oil Blocks in the Equatorial Margin, Expanding the Amazon River Mouth Frontier
-
OPEC+ Boosts Oil Supply by 188,000 Barrels per Day in July 2026, Leading to Price Drop from $112 to $89 per Barrel in Under Two Months
-
TotalEnergies Signs 20-Year Deal to Purchase 2 Million Tons of LNG from Alaska, Boosting Project Viability
The contract extension for another two years is based on a global and long-term partnership between Wood and Equinor, which encompasses the oil company’s operations in the United Kingdom, Norway, and Brazil.
Wood employs around 500 staff to fulfill the contract, which is reimbursable.
During the upcoming maintenance campaign, scheduled for May 2024, the team will be based on an offshore flotel, a vessel that operates as a floating hotel, to enhance productivity levels.
Check Out the Opinion of the President and the General Manager
The president of Wood’s operations in the Americas, Shawn Combden, stated that the contract extension reaffirms clients’ confidence in the company’s ability to consistently meet and exceed expectations in delivering brownfield engineering projects, which involve the modification or expansion of existing facilities.
“The maintenance and upgrade modifications delivered by our team will extend the lifespan of these assets, essential for energy security,” he said.
Meanwhile, the general manager of Wood for Brazil, Hugues Corrigan, emphasized that the eight-year relationship with Equinor in Brazil is built on a well-established history of asset knowledge and mutual trust.
“Our commitment to excellence, relentless focus on safe operations, and unwavering dedication to understanding our clients’ evolving needs have been fundamental in ensuring this win,” he said.
Source: Petronotícias
