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Wood Group wins $130m contract from Spirt Energy
StockMarketWire.com
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Engineering group Wood Group said it had won work from Spirit Energy to deliver of late-life solutions for the UK's Morecambe Bay gas fields.
Wood said the five-year consolidated services contract was valued at $130 million.
It would see the company work on extending field life, lowering costs and reducing carbon intensity across the hub's offshore assets in the Irish Sea and the Barrow onshore gas terminal in England.
Story provided by StockMarketWire.com
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