Wood propels Middle East growth with US$580 million of contract wins in 2021
Published by Nicholas Woodroof,
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 the Kingdom of 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.
The two-year contract with Saudi Aramco includes the delivery of conceptual studies, front-end engineering design (FEED) and project management services for Saudi Aramco’s oil and gas, pipelines and infrastructure facilities and will maximise production capacity.
As a result of Wood’s success in the region during 2021, and to support further growth, the company recently completed the mobilisation of over 600 new employees, with recruitment underway for an additional 200 roles.
Craig Shanaghey, Wood’s President of Operations across Europe, Middle East and Africa, said: “We are delighted to have seen the continued growth of our business in the Middle East, where we have a rich heritage and have supported the energy industry for more than 85 years.
“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.
“We are committed to partnering with our clients to drive down the cost and the carbon intensity of producing the energy we need today, while working together to explore the innovations that will enable us to realise our shared vision for a more sustainable future.”
Read the latest issue of Oilfield Technology in full for free: Issue 4 2021
The issue starts with a report from Rystad Energy focusing on the outlook for the upstream industry in the Middle East. The rest of the issue is dedicated to features covering production optimisation, drill bits, pipeline integrity, health and safety, and more.
Exclusive contributions come from Varel Energy Solutions, Rystad Energy, Gyrodata, 3X Engineering, Tracerco, Ulterra Drilling Technologies and more.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/13012022/wood-propels-middle-east-growth-with-us580-million-of-contract-wins-in-2021/
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