Wood Secures $200 Million Contract with ExxonMobil for Papua New Guinea LNG Project

Engineering firm Wood has secured a five-year, $200 million contract from ExxonMobil PNG to provide construction services for the PNG liquefied natural gas (LNG) project in Papua New Guinea. The work will involve multiple facilities including the Hides Gas Conditioning Plant and Caution Bay LNG plant, along with 700km of pipeline infrastructure. Wood’s scope includes civil works, piping, mechanical systems, electrical instrumentation, and support services such as scaffolding and rigging. The project aims to maintain safety, efficiency, and reliability in PNG's LNG operations that supply Asian markets. Over 200 local staff will be involved, reinforcing Wood’s long-term commitment to the region since its entry in 2013.

By Shree Mishra Tue, September 15, 2026 at 2:07 PM GMT+3 2 min read · Yahoo Finance ·

Wood Secures $200 Million Contract with ExxonMobil for Papua New Guinea LNG Project

Tickers: $XOM

Topics: energy international_projects lng_infrastructure

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