Tag Archives: Wood

Wood and Petrobras Collaborate to Revolutionize FPSO Design for Enhanced Safety and Sustainability

(IN BRIEF) Wood has entered a partnership with Brazilian national oil company Petrobras to develop innovative concept studies for future Floating Production Storage and Offloading (FPSO) units. The collaboration aims to optimize performance and reduce emissions over the next decade. … Read the full press release

Wood Secures Contract to Operate One of the World’s Largest Plastics Recycling Facilities, Boosting Circular Economy

(IN BRIEF) Wood, a global consulting and engineering firm, has secured a three-year contract to operate and maintain Freepoint Eco-Systems’ advanced recycling facility in Hebron, Ohio, one of the world’s largest plastics recycling plants. The facility will process approximately 90,000 … Read the full press release

Wood Announces Strategic Divestments of Non-Core Businesses, Generating $165 Million in Proceeds

(IN BRIEF) Wood has signed agreements to sell two non-core businesses, Ethos Energy Group Limited and CEC Controls Company Inc, as part of its strategy to simplify operations and focus on core capabilities. These sales are expected to generate approximately … Read the full press release

BC Hydro Partners with Wood to Enhance British Columbia’s Electric Grid for a Sustainable Future

(IN BRIEF) BC Hydro has partnered with Wood, a global consulting and engineering firm, under a $200 million, seven-year agreement to modernize and expand British Columbia’s electric grid. The project aims to upgrade power lines, substations, and other infrastructure to … Read the full press release

Wood Drives Carbon Capture and Storage Advancements on Norwegian Continental Shelf

(IN BRIEF) Wood is advancing three major carbon capture and storage (CCS) projects on the Norwegian Continental Shelf, capable of storing up to 21 million tonnes of CO2 annually—nearly half of Norway’s 2023 CO2 emissions. The company has completed essential … Read the full press release

Wood Secures Six-Year Contract for Shell’s Prelude FLNG Facility, Strengthening LNG Engineering Leadership

(IN BRIEF) Wood has secured a six-year contract to provide comprehensive brownfield engineering, procurement, and construction management (EPCm) services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia. This agreement extends Wood’s longstanding partnership with Shell and … Read the full press release

Wood to Redevelop UK’s Rough Field for Hydrogen Storage, Eyes Global Leadership

(IN BRIEF) Wood has been awarded a contract by Centrica Energy Storage (CES) to redevelop the UK’s Rough field in the Southern North Sea for hydrogen storage. This project aims to repurpose the long-standing natural gas storage facility to potentially … Read the full press release

TotalEnergies Partners with Wood on $46M Contract to Enhance Energy Sustainability in Iraq

(IN BRIEF) Wood secures a $46 million contract over three years from TotalEnergies to provide engineering and consulting services for the Associated Gas Upstream Project in Iraq. The project aims to recover flared gas in the Basra region and includes … Read the full press release

Wood Secures Contract with TotalEnergies for North Sea Flare Gas Recovery

(IN BRIEF) Wood, a prominent consulting and engineering firm, has secured a new 23-month contract from TotalEnergies (TEPUK) to support flare gas recovery in the North Sea as part of the Elgin-Franklin Flare Gas Recovery System Project. The contract, following … Read the full press release

Wood Appoints Jennifer Richmond as Chief Strategy Officer to Drive Growth and Innovation

(IN BRIEF) Wood, a prominent consulting and engineering firm, has named Jennifer Richmond as its Chief Strategy Officer (CSO) to spearhead strategic growth initiatives. Richmond, who previously served as Executive President of Strategy and Development at Wood, brings a wealth … Read the full press release

Wood Appoints Jess Stanley as President of Americas Operations, Driving Growth and Sustainability

(IN BRIEF) Wood has announced the appointment of Jess Stanley as President of its Americas Operations, marking a significant leadership addition to the business unit’s global team. With 17 years of energy experience, including executive roles at Shell Americas, Stanley … Read the full press release

Wood Earns Top Spot in Verdantix’s Digital Asset Management Rankings

(IN BRIEF) Independent research firm Verdantix has identified Wood as a leader in digital asset management technology implementation services, based on its innovative approach and tangible benefits delivered to clients in the energy sector. Wood’s digital asset health solution has … Read the full press release

Wood Marks Century Milestone in Fired Heater Technology for Refining Industry

(IN BRIEF) Wood celebrates a century of innovation in fired heater technology, tracing its roots back to Ernest Foster’s invention of cast iron ‘gill rings’ in 1903. Since supplying its first refinery application in 1919, Wood has been a pivotal … Read the full press release

Wood Awarded Topsides Engineering Contract for Woodside Energy’s Trion FPU in the Gulf of Mexico

(IN BRIEF) Wood has secured a contract from HD Hyundai Heavy Industries to provide detailed engineering for the topsides facilities on Woodside Energy’s Trion Floating Production Unit (FPU) in the Gulf of Mexico. The Trion FPU, a greenfield development, represents … Read the full press release

Wood to Assess Conversion of 125km of Natural Gas Pipelines for Hydrogen Transport in Southern Europe

(IN BRIEF) Engineering and consulting company Wood is undertaking a project to evaluate the feasibility of converting 125 kilometers of natural gas pipelines into infrastructure for hydrogen transportation along the Mediterranean coast for an energy company in southern Europe. This … Read the full press release

Engineering Firm Wood to Play Key Role in Expanding Germany’s Renewable Energy Grid

(IN BRIEF) Wood, a global consulting and engineering firm, has been awarded a contract by Dragados Offshore to design and support the development of three massive 2GW convertor stations in the German North Sea. These stations will transfer offshore wind … Read the full press release

Mariner Field: Equinor Renews Contract with Wood for Energy Production

(IN BRIEF) Wood, a global engineering and consulting company, has secured a two-year contract extension with Equinor UK Limited to continue supporting safe and reliable energy production at the Mariner field in the UK North Sea. The extension covers operations, … Read the full press release

Wood Selected to Upgrade Power Transmission Infrastructure in Northern Scotland for Renewable Energy Expansion

(IN BRIEF) Wood has been chosen as a preferred bidder for the Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. This selection will facilitate the upgrade of onshore power transmission infrastructure in northern Scotland, supporting … Read the full press release

Wood Secures Contract Extension and FEED Project with Woodside Energy for North West Shelf Project

(IN BRIEF) Wood, a leading global engineering and consulting company, has been granted a contract extension until October 2025 for brownfield engineering, procurement, and construction management (EPCm) by Woodside Energy. The contract will continue to support the North West Shelf … Read the full press release

Wood Advances Low Carbon Pipelines Projects in North America Amid Growing Clean Energy Investments

(IN BRIEF) Wood, a leading engineering firm, is undertaking concept and front-end engineering and design (FEED) studies for nearly 2,000 miles of onshore low carbon pipelines in North America. With a proven track record in designing some of the longest … Read the full press release