Wood propels Middle East growth with US$580mn of wins in 2021

Wood MidEast 2022Wood has marked a year of strategic growth in the Middle East region following a suite of contract awards and strategic framework renewals across its consulting, projects and operations business units, accumulating in US$580mn of secured backlog in 2021

As operators focus on economic recovery from the pandemic and ensuring continued energy supply, Wood is delivering solutions to optimise energy production, reduce carbon impact and accelerate the energy transition across the region, strengthening its position as a trusted partner to enable reliable and sustainable energy production in the face of rising demand.

The contracts awarded in 2021 will see Wood’s teams across the Middle East work together with a range of valued partners and clients to unlock conventional and low carbon energy supply, optimise energy production and processing, and extend onshore and offshore asset life in Bahrain, Iraq, Saudi Arabia, Kuwait, Qatar and the UAE.

Significant awards in 2021 include a multi-million dollar contract with Saudi Aramco to deliver engineering and project management services for the Safaniyah and Manifa oilfields in Saudi Arabia, an agreement from ADNOC to perform pre front-end engineering and design work for a world-scale blue ammonia production facility in Ruwais, Abu Dhabi, as well as front end engineering, detailed engineering, procurement and EPC contract management solutions for a long-term client in Iraq.

Craig Shanaghey, Wood’s president of operations across Europe, Middle East and Africa, said, “The global pandemic has brought many challenges and it is encouraging to see how the energy industry in the region is not only recovering but also thriving, as it takes a leading role in the quest for a more balanced, integrated and lower carbon energy mix.”

Jim Shaughnessy, Wood’s president of Conventional Energy Projects, continues, “Leveraging our foothold across the Middle East, we are looking to 2022 and beyond from a position of strength, ready to support the region on its journey to becoming a global leader through the energy transition.”

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
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