Wood, Nobel Oil enter engineering and support JV in Azerbaijan
BOSTON -- Wood and Nobel Oil have entered into a joint venture (JV) agreement to provide engineering and operations support services to the oil and gas market in Azerbaijan.
The JV will combine Wood's engineering and technical services capabilities with Nobel Oil's local knowledge and expertise in the Caspian region. It will primarily support in the delivery of brownfield engineering, procurement and construction management contracts across a range of assets offshore Azerbaijan.
The JV was completed in an official ceremony in Baku on Oct. 31, attended by senior representatives from Wood, Nobel Oil, operators in the local energy sector, UK Trade & Investment and the British Ambassador, Dr. Carole Crofts.
