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Wood hails bumper year with £425m of Middle East contracts

© Supplied by OGUKWood president of operations across Europe, Middle East and Africa, Craig Shanaghey.
Wood president of operations across Europe, Middle East and Africa, Craig Shanaghey.

Aberdeen-headquartered consulting and engineering group Wood has signalled a year of “strategic growth” in the Middle East, accumulating $580million (£425m) of secured contract backlog in 2021.

As a result of the success over the past 12 months, Wood said it had recently completed the mobilisation of over 600 new employees, with recruitment currently underway for a further 200 roles.

The $580m backlog is made up of a suite of contract awards and strategic framework renewals across its consulting, projects and operations divisions.

The awards will see Wood’s teams across the region work to unlock both conventional and low-carbon energy supplies, optimise energy production and processing, and extend onshore and offshore asset life in Bahrain, Iraq, the Kingdom of Saudi Arabia, Kuwait, Qatar, and the UAE.

Notable contracts secured last year include a multi-million dollar deal 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 (FEED) 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.

President of operations across Europe, Middle East and Africa Craig Shanaghey, said the group was “delighted” to see continued growth in the region, where it has been supporting 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,” he added.

“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.”

President of conventional energy projects, Jim Shaughnessy said the group looked to 2022 and beyond “from a position of strength” and was ready to support the region on its journey to becoming a global leader through the energy transition.

“What is really key to our success in the region is our continued partner relationships, intense drive for delivery solutions and, critically, our commitment to supporting the communities in which we operate.

“We have strong and ambitious in-country talent development and growth plans across the region, leveraging our global expertise while continuing our focus on local investment, both in our people and in our offices and infrastructure, to ensure we leave a lasting legacy.”

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