The new jobs are being created as a result of the conglomerate’s Wood Group Mustang Norway division winning a $400 million maintenance and modification contract on four Statoil oil rigs in the Norwegian N. Sea.
Wood Group Mustang Norway will provide this support for the Snorre A&B, Grane and Visund facilities over the term of the six year contract, with the option of a further four-year extension.
In addition, Wood Group Mustang Norway has been awarded a competition agreement, which will enable the company to tender for individual projects for Statoil operated onshore and offshore installations in Norway. This agreement covers a period of 10 years that starts in the first quarter of 2016.
Otto Søberg, President, Wood Group Mustang Norway, said: “This is a breakthrough for Wood Group in the Norwegian North Sea and we look forward to building on our existing relationship with Statoil.
“The work secured will call for a considerable build-up of the offices in Bergen and Stavanger and we will undergo a recruitment campaign to enhance our key talent and bring the best expertise to the projects.”
Wood Group Mustang Norway has been active on the NCS for more than 20 years. The company has been working closely with Statoil on its Statoil Technical Efficiency Programme (STEP).