Inside this issue
Deeper and further than ever before >
Stability of supply key to Australian Growth >
"Our Subsea & Pipelines Technology Group is the world’s largest solution-independent service provider for subsea systems, onshore and offshore pipelines, and related marine facilities."
Allister Langlands
Chief Executive
Welcome to the third quarter issue of Wood News
Since you last read Wood News, we have continued to focus on the development of our market-leading positions and on extending our range of services and geographic footprint. In this issue we highlight our leading positions in subsea and pipeline engineering around the world and our broad range of production support services in the Asia Pacific region.
Allister Langlands
Chief Executive
Our Subsea & Pipelines Technology Group is the world's largest solution-independent service provider for subsea systems, onshore and offshore pipelines, and related marine facilities. It is currently working on 20 major subsea projects globally and recent awards include the subsea FEED for the INPEX Ichthys LNG project in Australia and pipeline integrity services for Total in the North Sea.
Recent acquisitions are helping to expand our geographic reach. Over the course of the last year we've acquired three Australian production support companies, investing US$25million to date, and are establishing a new corporate office in Perth to serve the Asia Pacific region, confirming our position as a leading service provider, with more than 1000 employees.
In Saudi Arabia, Mustang is acquiring a majority interest in Al-Hejailan Consultants' business through a newly established joint venture that will provide engineering and project management services to Saudi Arabia's oil & gas and chemical industries.
Just as we are committed to helping our customers and people meet their challenges, we're equally dedicated to making Wood News interesting and informative. Your feedback will help to ensure our success. We've developed an online survey that will help guide the content and format of future issues. I hope that you will take the time to complete the survey, please go to www.woodgroup.com/woodnewssurvey
Allister Langlands
Chief Executive