February 2013

Mitchell’s Oil Field Service acquired by Wood Group

In October 2012, Mitchell’s Oil Field Service was acquired by Wood Group. Wood Group is a leading international energy services company, employing over 42,000 people worldwide and operating in 50 countries. Wood Group has three businesses-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.

Mitchell’s will operate within Wood Group PSN, and will complement the division’s existing operations & maintenance, construction supervision and survey services in the region. Wood Group PSN is a global provider of pre-operations, hook up & commissioning, operations & maintenance, engineering, construction, project management, training and decommissioning services to the energy industry. Employing over 26,000 people in more than 35 countries, Wood Group PSN offers high integrity, brownfield services that support customers to optimize performance, maintain production, reduce operating costs and provide integrity assurance.

”We are pleased to welcome Mitchell’s into the Wood Group PSN family,” said Derek Blackwood, president – Americas for Wood Group PSN. ”The addition of Mitchell’s significantly expands our service offering and increases our presence in the region to approximately 650 personnel operating from nine locations. We look forward to extending relationships with existing clients and building relationships with new clients in the Bakken by offering them our full range of complementary services.

Blackwood added, ”This acquisition is in line with our strategy to expand our presence in the US oil shales and follows our purchase earlier this year of Wood Group Duval, which services the Eagle Ford shale region in South Texas.”

Todd Appel, president of Mitchell’s said, ”We are extremely excited to be joining Wood Group. Mitchell’s has achieved strong growth over recent years, and we anticipate the strong oil shale market, momentum in our business and the support of Wood Group will enable continued growth.”