Harbour, Wood enter $330-million services agreement

Sept. 5, 2023
Harbour Energy and Wood have entered into a new master services agreement and associated contracts for UK North Sea operations valued at about $330 million.

Harbour Energy and Wood have entered into a new master services agreement and associated contracts for UK North Sea operations valued at about $330 million.

Under the agreement, Wood will provide engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services, including digital and decarbonization solutions, for several of Harbour’s offshore assets.

The partnership will run for 5, with five 1-year extension options covering Harbour’s operated assets, including its J-Area, Greater Britannia Area, Solan, and AELE (Armada, Everest, Lomond, and Erskine) hubs.