Through a five-year contract, Wood Group (WGPSN) will provide engineering, procurement and construction management services to eight facilities offshore Azerbaijan on projects operated by BP Plc (NYSE: BP), the company said April 28.

The contract is valued at $500 million and has the option of two, two-year extensions.

WGPSN will support the Chirag, Central Azeri - Production Drilling Quarters, Central Azeri - Compression and Water Processing, East Azeri Production Drilling Quarters, West Azeri- Production Drilling Quarters, Deep Water Gunashli - Drilling & Utility Quarters, Deep Water Gunashli - Pressure Compression and Water Utilities and Shah Deniz Stage 1 platforms. About 200 new positions will be created.

This latest contract builds on Wood Group's continued support of BP-operated projects offshore Azerbaijan. Wood Group Kenny already provides subsea engineering services to these eight platforms under a multimillion-dollar contract announced in October 2015, which also includes support of BP's existing subsea infrastructure in the Gulf of Mexico and the U.K. and Norwegian continental shelves.

Offshore