The contract will be executed by Wood Group’s Eastern Canada operations, in St. John’s, Newfoundland & Labrador, and has the potential of two additional five-year contract extensions.
Michele McNichol, CEO for Wood Group’s Asset Life Cycle Solutions business in the Western Hemisphere, said: "Since first oil in 1997, Wood Group has been the incumbent contractor for many of these services on the Hibernia platform.
"The first producing field of Canada’s East Coast, it has been a cornerstone of our business in the region.
"This new contract demonstrates the confidence this key client has in our team.
"Wood Group has provided a high level of service, retained specific knowledge to the platform, and executed work safely with local talent – even in the harshest of environments."
Aberdeen-headquartered Wood Group is one of the largest brownfield engineering and construction offices in Atlantic Canada with more than 500 people working onshore and offshore.
Currently, Wood Group executes EPC contracts on two of the three production platforms located offshore Newfoundland.