Wood in $2.8bn Mid-East deal ahead of deadline

Wood Group workers
New deal for Wood Group

Energy consultancy Wood Group has been awarded a $2.8 billion contract by ADNOC to deliver an engineering, procurement and construction management package for the gas processing facilities at the UAE’s Habshan facility.

The contract value includes pass through revenue, with Aberdeen-based Wood anticipated to recognise c $400 million of revenue.

Ken Gilmartin, CEO at Wood, said: “ADNOC Gas’ RGD programme is pivotal to the UAE’s energy security strategy and broader economy. We’re proud to be at the heart of such a significant initiative.

“Wood gained extensive knowledge of Habshan delivering the front-end engineering design and we will deliver the EPCm phase while the facilities remain fully operational in order to sustain critical gas supply.

“This win reinforces our position as a leader in highly complex engineering and project delivery solutions at considerable scale.”

The project will be delivered by more than 500 Wood engineering, project management and commissioning specialists based in Abu Dhabi with support from the company’s global engineering hubs. This scope is due to complete at the end of 2027.

It comes ahead of another deadline on Thursday for Wood Group’s talks with Dubai-based suitor Sidara.


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