Wood Group Mustang has signed a memorandum of understanding with Century 3, a Shanghai, China-based engineering, construction and construction management company, to collaborate on sourcing, bidding for, and executing projects. The agreement provides Wood Group Mustang with a path to support capital projects for refining, chemical, and industrial businesses being developed in China by key clients and for Chinese businesses expanding into the US or Canada.
Under the agreement, Century 3 will work exclusively with Wood Group Mustang for specific clients. Century 3 will provide its 800 project and construction management personnel in 10 locations across China, experienced leadership and extensive licenses, including the Class 1 Engineering License, for the downstream sector.
China’s Class 1 engineering license authorizes licensed engineering companies to design and seal drawings for all projects in a specific industry sector. Companies without a Class 1 engineering license are required to have all drawings reviewed and approved by state-run design institutes.
“We are delighted to formalize our long-standing relationship with Century 3. This agreement allows us to expand our support of our clients in the chemical, industrial, and refining sectors in China,” said Curt Watson, Wood Group Mustang’s president, Process Plants and Industrial.
“Century 3’s offices and staff network, combined with Wood Group Mustang’s track record in refining and chemical capital project execution, will offer advanced technology and a cost-competitive solution to our clients in China,” said Rong He, Century 3 chief executive officer.
Wood Group is an international energy services company with around $7bn sales, employing about 40,000 people worldwide and operating in more than 50 countries. www.woodgroup.com
Wood Group Mustang is headquartered in Houston, Texas and provides services to the global energy industry. From concept to completion, Wood Group Mustang delivers project management, construction management, engineering and procurement services to the offshore, onshore, oil sands, pipeline, refining, chemicals, industrial and automation sectors. www.mustangeng.com
Century 3 designs, builds and relocates facilities for leaders in global industries throughout the US, China, Southeast Asia and across the world. www.century3inc.cn
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