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Transfield Services Limited (ASX:TSE) says it is continuing its 20 year relationship with Woodside Petroleum, signing a master services agreement to provide a range of implementation services to the North West Shelf project.
The deal, in addition to Transfield’s existing offshore maintenance work with Woodside will see the service provider supply electrical, mechanical inspection and other services to the offshore gas facilities.
Transfield has won over $150 million in new and renewed contracts of late and CEO Graeme Hunt says it reflects the company’s proven capability in large-scale asset management for the energy sector.
Transfield Services reported a net profit of $52.8 million for the 2014 financial year.
