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

by Trading How
January 14, 2022
in Markets
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Wood propels Middle East growth with US$580mn of wins in 2021
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Wooden has marked a yr of strategic progress within the Center East area following a set of contract awards and strategic framework renewals throughout its consulting, initiatives and operations enterprise items, accumulating in US$580mn of secured backlog in 2021

Wood MidEast 2022Vital awards in 2021 embrace a multi-million greenback contract with Saudi Aramco to ship engineering and mission administration providers for the Safaniyah and Manifa oilfields in Saudi Arabia. (Picture supply: Adobe Inventory)

As operators concentrate on financial restoration from the pandemic and guaranteeing continued power provide, Wooden is delivering options to optimise power manufacturing, scale back carbon affect and speed up the power transition throughout the area, strengthening its place as a trusted accomplice to allow dependable and sustainable power manufacturing within the face of rising demand.

The contracts awarded in 2021 will see Wooden’s groups throughout the Center East work along with a variety of valued companions and shoppers to unlock standard and low carbon power provide, optimise power manufacturing and processing, and prolong onshore and offshore asset life in Bahrain, Iraq, Saudi Arabia, Kuwait, Qatar and the UAE.

Vital awards in 2021 embrace a multi-million greenback contract with Saudi Aramco to ship engineering and mission administration providers for the Safaniyah and Manifa oilfields in Saudi Arabia, an settlement from ADNOC to carry out pre front-end engineering and design work for a world-scale blue ammonia manufacturing facility in Ruwais, Abu Dhabi, in addition to entrance finish engineering, detailed engineering, procurement and EPC contract administration options for a long-term shopper in Iraq.

Craig Shanaghey, Wooden’s president of operations throughout Europe, Center East and Africa, stated, “The worldwide pandemic has introduced many challenges and it’s encouraging to see how the power trade within the area just isn’t solely recovering but additionally thriving, because it takes a number one position within the quest for a extra balanced, built-in and decrease carbon power combine.”

Jim Shaughnessy, Wooden’s president of Typical Vitality Tasks, continues, “Leveraging our foothold throughout the Center East, we want to 2022 and past from a place of energy, able to assist the area on its journey to turning into a world chief via the power transition.”






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