2024 marked a record year of contract wins for Wood in the Middle East.
We’ve been in-region for more than eight decades, designing and delivering some of the most complex energy and materials projects in the world. We continued to strengthen our position by investing in our in-country talent, delivering exceptional value for our clients and accelerating the region’s game changing projects.
“As we underlined in our strategy, we believe the Middle East will be a huge driving force in the world’s energy transition and Wood is helping accelerate the journey to net zero in the region as a trusted partner to companies like Saudi Aramco, QatarEnergy, ADNOC, Shell and TotalEnergies.
“Our record year is testament to the hard work and dedication of our 3,500 strong team, and we know that when clients engage us right at the start of a project, we save them time and money and deliver quality assurance throughout the life of an asset. Our growing portfolio is also creating opportunities for Wood to offer unmatched career and development experiences, and we’re continuing to attract the best and brightest talent to join our teams across the Middle East.”
Ken Gilmartin, Chief Executive Officer
2024 at a glance: our strategy in action
Accelerating critical energy security and transition projects
Delivering excellence at every stage of the project life cycle, from feasibility studies and preliminary front end engineering design, to start up and operations.
We continue to support partners across the region including Shell, ADNOC, TotalEnergies, Saudi Aramco and Kuwait Petroleum International to deliver cornerstone and complex projects, driven by demand for conventional and low carbon energy supply. Our regional teams maintain their focus on decarbonisation, energy optimisation, asset life extension and energy transition solutions, responding to regional and global needs.
“We are thrilled to see continued growth across our Middle East business, where we have supported the energy industry for more than eight decades. Wood remains committed to delivering exceptional value for our clients in the region and developing in-country talent.
“Our recent successes are testament to the hard work and dedication of our remarkable team and our unwavering commitment to providing solutions that contribute to a low-carbon future.”
Gerry Traynor, President of Projects - East Hemisphere
Nurturing local talent and investing in tomorrow’s workforce
Bolstering and upskilling our workforce to ensure we continue to deliver value for our clients.
We underlined our commitment to the region by continuing to invest in local talent. We supercharged our incredibly skilled workforce with new key hires and unveiled plans for the Basra Technical Training Centre, which will advance training and development opportunities for local Iraqis.
“Iraq remains a proportionate part of our portfolio in the Middle East, with substantial growth potential. We currently support 10 major contracts across the country, delivered by 850 people based in Iraq with another 500 supporting from Dubai.
“One of the biggest opportunities we’ve seen over the last year is our clients focus on reducing the impact of flaring, part of our decarbonisation offering. Our team is delivering the world’s largest flare gas reduction programme where we are repairing and modernising infrastructure to drive operational efficiencies and reduce carbon impact. Over the past decade, this programme of work has delivered reductions of over 10 million tons of CO2 per year and the improvements made have enabled our client to capture and repurpose gas that would otherwise be flared.”
Ellis Renforth, President of Operations, Europe, Middle East and Africa
Leading the charge on decarbonisation and digitalisation
Using global experience, digital solutions and subject matter experts to help our clients decarbonise.
As the region sharpens its focus on decarbonisation, we are helping our clients continue on their journey to lower carbon operations. We explored exciting new energy concepts and shared valuable lessons learned from designing and delivering complex projects around the world. We’re committed to ensuring the Middle East achieves its sustainability goals through smart digitalisation solutions, net zero projects and decarbonisation studies.
“Across the Middle East, nations are setting ambitious decarbonisation targets and delivering conventional oil and gas projects in the least carbon intensive manner, alongside developing new energies and renewables projects.
“As pressure to cut emissions continues to mount, we are working alongside clients to design durable and realistic decarbonisation roadmaps, while not compromising on cost and efficiency. Our global expertise, deep domain knowledge and wealth of existing data mean we can carve out digitally led, low carbon pathways - at pace. Together, we will help shape a sustainable energy landscape for the Middle East."
Stuart Turl - Vice President Consulting and Decarbonisation (Middle East)
