Wood has been awarded a new contract by IRPC Plc for its Maximum Aromatics (MARS) project, leveraging its operations in the south-east Asian oil and gas market.
Wood will provide frontend engineering design (FEED) for the world-scale paraxylene complex to be built at IRPC’s existing integrated petrochemical complex in Rayong Province, Thailand.
The one-year contract will be delivered from Wood’s offices in Sriracha, Thailand, and secures around 100 jobs in-country. The scope of work will include engineering, procurement and construction (EPC) contractor pre-qualification; EPC contractor invitation to bid (ITB) preparation and EPC contractor bid evaluation support services to support IRPC’s expansion of their aromatics business.
Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia and Australia said: “Wood has been working in partnership with IRPC for more than a decade and the award of this latest contract is a clear demonstration of its confidence in our ability to provide the highest quality services under challenging schedule requirements.
“Growing our share in the oil & gas market in this region is a key strategic focus for Wood. We look forward to leveraging our strong customer knowledge and expertise on large-scale FEED projects to support the development of this asset, which will contribute significantly to Thailand’s growing energy and petrochemical needs.”