Oil service giant Wood said today that it had firmed up its commitment to training and creating opportunities for Saudi workers.
Aberdeen-headquartered Wood made the announcement after entering into a memorandum of understanding (MoU) with Saudi Aramco.
The MoU supports wider Saudi efforts to strengthen and diversify the Kingdom’s economy by basing key manufacturing and service industries there — creating thousands of new jobs for young Saudi citizens in the process.
Robin Watson, chief executive of Wood, said: “Wood has been operating in the Kingdom of Saudi Arabia for many years, with a clear commitment to developing local talent and creating opportunities for the state’s supply chain. In recent years, our presence has grown rapidly, in large part due to our ongoing Saudization efforts.
“We are proud to sign this agreement, which reflects our long-term commitment to the region, our valued and trusted relationship with Saudi Aramco and provides a platform to accelerate our ongoing efforts to meet and exceed the objectives set within the IKTVA initiative.”