Wood Secures Contract for Offshore Asset Maintenance in Australia

UK consulting and engineering firm Wood has been awarded a new contract to provide long-term maintenance solutions for offshore assets in the Gippsland Basin in Australia.

Under the terms of the contract, Wood will deliver maintenance services and shutdown support to enhance the operational performance of the Gippsland Basin Joint Venture’s offshore assets in the Bass Strait, along with the Longford and Long Island Point onshore facilities. The joint venture is equally owned by Woodside and Esso Australia, a subsidiary of ExxonMobil.

The Bass Strait region is a key source of natural gas for the Australian domestic market, supplying around 40% of the east coast’s demand.

Through a competitive tender process, Wood secured this contract and is expected to generate approximately 250 jobs in Victoria starting in early 2025. The agreement represents a long-term commitment that commences in January 2025.

This recent contract win builds on Wood’s existing five-year contract renewal to provide brownfield engineering, procurement, and construction solutions for the same Gippsland Basin assets.