Wood Group GTS awarded long-term service agreement for Taurus 60

HOUSTON, Sept. 24, 2013 /PRNewswire/ -- Wood Group GTS has secured a multi-million dollar, 10-year term service agreement to support the Solar® Taurus™ 60 gas turbines in Monterrey, Mexico for Papeles y Conversiones de Mexico (PCM).

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Wood Group GTS will provide preventative and corrective maintenance, turbine and gearbox overhauls, 24-7 emergency cover for trouble shooting, remote support and condition monitoring.  The condition monitoring will provide real-time information on the unit that will assist in optimising asset performance. 

Iain Murray, president of Oil, Gas and Industrial Services for Wood Group GTS, said: "We are committed to focusing on optimizing the performance of the client's turbo-machinery assets throughout their life cycle. The global capabilities of Wood Group GTS allow us to achieve economies of scale, faster access to parts and reduced complexity, leading to a more efficient and effective contract execution.  The Taurus 60 engine is at the very heart of the PCM cogeneration plant, and we are committed to ensuring the profitability of the plant by maximising the performance of this asset."

Agustin Anaya, managing director of Papeles y Conversiones de Mexico said: "Wood Group GTS has the ability to manage the full scope of our Taurus 60 maintenance; their flexibility on terms and track record were key factors in awarding this contract.  We look forward to working with Wood Group to maximise the equipment reliability and performance."

Note to Editors
Wood Group is an international energy services company with around $7bn sales, employing about 43,000 people worldwide and operating in 50 countries. The Group has three businesses – Wood Group Engineering, Wood Group PSN and Wood Group GTS  - 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.  www.woodgroup.com

Wood Group GTS is a leading independent provider of rotating equipment services and solutions for clients in the power and oil & gas markets. Worldwide, these services include power plant engineering, procurement and construction; facility operations & maintenance; repair & overhaul, optimization and upgrades of gas and steam turbines, pumps, compressors and other high-speed rotating equipment. www.woodgroupgts.com

Papeles y Conversiones de Mexico is a paper producer located in Monterrey, Nuevo Leon, Mexico and uses energy for their production process (steam and electricity). The Monterrey plant is designed to produce 92,000tonnes a year of recycled linerboard.  Paper and Conversions Mexico, SA de CV is a company devoted to the transformation and marketing of a wide variety of products related to printing and identification processes. http://pcm-net.com.mx/sp/  

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SOURCE Wood Group GTS