Wood, the global consulting and engineering firm, has been awarded a series of decarbonisation contracts valued at approximately $100 million to deliver flare gas reduction and carbon efficiency solutions across some of Iraq’s largest oil fields.
Under these agreements, Wood will provide brownfield engineering, procurement and construction, as well as modification services aimed at enhancing operational efficiency and significantly reducing environmental impact. The projects directly support Iraq’s national objective to cut gas flaring by 78 percent by the end of 2025.
With a long-standing presence in the region, Wood has an established track record of delivering decarbonisation initiatives for major operators in Iraq, including the implementation of the country’s largest flare gas reduction programme to date.
Commenting on the award, Ellis Renforth, president of operations for Europe, Middle East and Africa at Wood, said:“We are working in partnership with our clients to achieve Iraq’s energy ambitions and deliver a sustainable energy future for the country. Wood Iraq has extensive knowledge of our clients’ infrastructure, operations and goals, enabling them to improve operational efficiency and reduce the impact of gas flaring while maintaining critical production.”
The contracts will be executed by Wood’s teams based in Iraq and the United Arab Emirates, with plans to hire 60 additional employees to support the delivery of the work scope.
For more information visit www.woodplc.com
