Wood Group extends Dana contract

Energy services firm Wood Group yesterday said it has extended its contract with oil explorer Dana Petroleum to provide support services in the North Sea on the Triton FPSO vessel. The two-year contract has an option for a one-year extension and is estimated to be worth up to £40m per year. “We have provided support to the Triton FPSO vessel for more than 14 years and are delighted to continue this contract with the new operator,” said Dave Stewart, UK managing director for Wood Group. “Dana Petroleum is a dynamic new operator and securing this piece of work positions us well to support Dana Petroleum as it continues to grow its business in the UK.”