Wood’s Wild 2024 Middle East Boom
Wood, the big‑scan consulting & engineering crew, landed a whopping $850 million in contracts across the Middle East in the last year. Yep, that’s more than a typhoon of deals!
Where the Magic Happens
It’s all about energy clearance vs. carbon garbage! They’re tackling conventional gas, low‑carbon moves, and pushing the whole energy transition boat in Saudi, Iraq, Qatar, and the UAE. They’re “de‑carbonising” stuff, making assets live longer, and keeping the digital future glowing.
Hiring – The Growth Glory
Over the past 12 months, Wood hired 700+ fresh faces across the region. Now there’s a 500‑role backlog waiting to be filled – and more in 2024.
Ken Gilmartin, the big boss:
“The Middle East is our play‑ground. We’ve been rocking energy security for 80 years and we’re pumped to help the shift to a cleaner, tech‑powered tomorrow.”
Top Wins of the Year
- Built a CO₂ transport & storage network that boosts global CO₂ storage capacity by ~25 %.
- Feasibility studies & front‑line designs for CCS & low‑carbon hydrogen projects.
- ⭐ Extended a long‑term deal in Iraq for front‑end design, procurement, and EPC management – the brains behind safe & efficient ops.
- Supporting Iraq’s big goal: cutting 10 M tonnes of carbon per year by scrapping flare fans.
- Multi‑million dollar engineering & procurement contract in Qatar – sweet talk for long‑term gains.
- Complex pre‑FEED & FEED services for onshore and offshore clients in the UAE.
Training the Future
In Basrah, Wood’s four‑year engineering program has already fed over 60 grads out of the University of Basrah since 2016. They’re building local talent.
Staff Snapshot
More than 3,000 employees thriving across the UAE, Saudi Arabia, Iraq, and Qatar – the real whistle‑blowers of progress.
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