International energy services company, John Wood Group PLC (“Wood Group”), and international engineering & construction company Consolidated Contractors Company (“CCC”), today announced the formation of Wood Group-CCC, a joint venture to provide operations & maintenance services for the oil & gas and petrochemical industries in Qatar, Kuwait, Saudi Arabia, Oman, UAE, Bahrain and Yemen.
Les Thomas, Board Director for Wood Group Production Facilities said, “The Wood Group–CCC joint venture combines Wood Group’s market leading engineering, operations and maintenance expertise with CCC’s market leading engineering & construction capabilities and substantial regional resource base in the Middle East to bring a new highly complementary service to companies operating in the Middle East region.”
Over the next ten years it is estimated that there will be $600bn of investment in oil & gas and petrochemical plants in the region with a need for ongoing operations and maintenance support. Wood Group–CCC is a powerful combination that has the people, equipment, skills and experience to provide that support.
Samer Khoury, Executive Vice President Operations, CCC said, “We are delighted to have formed this joint venture, combining the great complementary strengths of Wood Group and CCC. Both companies put health, safety, environment, people, competence and training at the top of their agendas and the joint venture represents a major step towards providing a broader capability to our Middle East clients.”
Note to editors
Wood Group is an international energy services company with $5bn sales, employing more than 26,000 people worldwide and operating in 46 countries. The Group has three businesses—Engineering & Production Facilities, Well Support, and Gas Turbine Services—providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.
Consolidated Contractors Company (CCC) is the largest engineering & construction company in the Middle East region employing 180,000 people in 40 countries. CCC provides project management, engineering, procurement & construction services to clients in the oil & gas and petrochemical industries. CCC is a pioneer in executing plant construction on a partnership basis with international engineering companies, including EPC contracts for upstream oil & gas, water and oil & gas pipelines; EPC contracts for high quality buildings, industrial buildings, infrastructures and networks; complete construction of petrochemical plants and refineries, oil loading and offloading terminals and storage facilities, heavy & light industrial plants; plus the heavy civil construction of power and desalination plants, water treatment plants and distribution systems, sewage treatment plants, dams and reservoirs, harbours & docks, airports, bridges and highway interchanges, roads and highways. The company conforms to the highest safety and quality requirements and is certified by BVQI to ISO 9001, ISO 14001 & OHSAS 18001.
www.ccc.gr
