Scotland’s Wood Group energy services giant diversifies with automotive acquisition as its Sgurr renewables unit marks completion of German wind parc project

Wood Group logoGlasgow-based renewable consultancy Sgurr Energy has completed a key role in the 288MW Butendiek offshore wind German offshore wind turbine parc – delivering construction monitoring services on behalf of the project lenders.

The Butendiek wind parc – 20 miles west of the German N. Sea island of Sylt – was developed by wpd AG and comprises 80 Siemens wind turbines which will generate power for some 370,000 households.

Sgurr Energy – part of Scotland’s Wood Group international energy services conglomerate – was contracted by IPEX-Bank and has been involved with the project since 2011, initially carrying out pre-financial close technical advisory services, through to construction monitoring activities on behalf of the project lenders.

During the construction phase, Sgurr Energy tasks included reporting to the project lenders on construction progress, programme and budget reviews, as well as on site monitoring of progress through visits to onshore and offshore construction sites.

Meanwhile, the Aberdeen-based Wood Group yesterday took a major step towards diversifying out of its core oil and gas services market with the acquisition of the Bedfordshire-based Automated Technology Group – one of Britain’s largest independent manufacturers of control and power solutions for various industrial and automotive sectors. 

A Wood Group spokesman said: “The acquisition of ATG provides a unique opportunity for Wood Group Mustang to enter the manufacturing automation market and diversify its existing sector focus around oil & gas, refining and chemicals.”

Industry observers see this acquisition as a move by Wood Group to hedge its bets on ‘pure-energy sector plays’ as the N. Sea crude oil price slump drags on.

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