Wood, a global consulting and engineering company, has recorded significant growth in the Middle East region, securing $850 million in contract wins in the last 12 months.
Wood’s growth is driven by demand for conventional and low carbon energy supply, focusing on decarbonization, energy optimization, asset life extension and energy transition solutions.
Working in Iraq, the Kingdom of Saudi Arabia, Qatar, and the UAE, Wood recently recruited over 700 new employees across the region and is currently recruiting 500 roles with more expected throughout 2024.
Ken Gilmartin, CEO at Wood said, “As a key strategic region for Wood, we see continued growth and opportunity across the Middle East. We have supported energy security in the region for more than eight decades and are excited to play a key role in its energy transition, designing a lower carbon, digitally enabled future.
“Our recent success is testament to the hard work and dedication of our remarkable team and our unwavering commitment to delivering exceptional value for our clients and developing our in-country talent.”
In the last year, Wood’s most notable wins have included:
Committed to developing local engineering talent, Wood’s four-year engineering Basrah Graduate Scheme in Iraq continues to grow and has now supported more than 60 University of Basrah graduates since 2016.
Wood has more than 3,000 employees across the region in key hubs including the UAE, Saudi Arabia, Iraq and Qatar.
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