BG Group in £300m North Sea deal with Stork and Wood Group

UK gas producer BG Group has signed a deal worth about £300m with Wood Group PSN and Stork for North Sea work. The deal is for a range of specialist support over the next five years. This will be centred on BG Group's Armada, Everest and Lomond assets.

Meanwhile, Chevron North Sea has awarded a £150m contract to Dolphin Drilling for North Sea work. The drilling program is expected to start in 2015.