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Wednesday, March 5, 2025

Atlantic, Massy Wood enter partnership

by

364 days ago
20240306

At­lantic LNG has part­nered with Massy Wood Group for an ex­clu­sive three-year En­gi­neer­ing, Pro­cure­ment, and Con­struc­tion (EPC) agree­ment which demon­strates At­lantic’s com­mit­ment to de­liv­er­ing world-class per­for­mance and cre­at­ing val­ue for the or­gan­i­sa­tion, its stake­hold­ers and more broad­ly T&T.

In a news re­lease is­sued by At­lantic yes­ter­day, its chief ex­ec­u­tive of­fi­cer, Ron Adams, ex­pressed en­thu­si­asm for this new phase of the re­la­tion­ship with Massy Wood Group.

"The evo­lu­tion of this re­la­tion­ship, which brings to­geth­er the in­dus­try ex­per­tise of At­lantic and the renowned ca­pa­bil­i­ties of Massy Wood Group, sup­ports the strate­gic di­rec­tion of At­lantic as a tran­si­tion­ing or­gan­i­sa­tion, where we seek to re­main com­pet­i­tive, while con­tin­u­ous­ly pro­vid­ing sus­tain­able val­ue for all our stake­hold­ers and T&T," he said.

The state­ment fur­ther not­ed that the part­ner­ship has aligned with At­lantic's goal of fu­ture-proof­ing its op­er­a­tions, which al­lows for more flex­i­bil­i­ty and ef­fi­cien­cy in its op­er­a­tions, not­ing that in this in­stance, en­abling end-to-end en­gi­neer­ing to ex­e­cu­tion, re­sult­ing in sig­nif­i­cant ef­fi­cien­cies in­clud­ing re­sourc­ing and cost com­pet­i­tive­ness.

This agree­ment will al­so strength­en At­lantic's project de­liv­ery by lever­ag­ing Massy Wood Group's proven track record in en­gi­neer­ing ex­cel­lence and project and con­struc­tion man­age­ment.

"With At­lantic’s 25 years of LNG pro­duc­tion ex­pe­ri­ence and peo­ple ex­per­tise, this re­la­tion­ship is poised to con­tribute to the growth and re­silience of the LNG in­dus­try by align­ing with glob­al stan­dards, dri­ving in­no­va­tion, and pro­vid­ing val­ue to our stake­hold­ers," the state­ment added.

At­lantic is one of the world’s largest pro­duc­ers of LNG.

Joint­ly owned by af­fil­i­ates of Shell, BP and the Na­tion­al Gas Com­pa­ny of T&T, its car­goes are de­liv­ered to mul­ti­ple world-wide des­ti­na­tions in Eu­rope, USA, South Amer­i­ca, Asia and the Caribbean.

Massy Wood was in­cor­po­rat­ed in Au­gust 2003, as NM Wood Group Ltd. The com­pa­ny has un­der­gone sev­er­al amend­ments to its le­gal name since then.


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