Wood signs multi-year enterprise framework agreement with Shell

Wood, a Aberdeen-based global consulting and engineering company, has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell’s global projects. Wood will provide consulting, engineering, procurement, and project management expertise to support Shell’s greenfield and brownfield projects, with a focus on carbon capture, low-carbon fuels, and hydrogen initiatives.

Under the agreement, Wood will assist Shell in decarbonisation efforts, digitalisation, and asset life extension worldwide. The agreement spans three years with options for two one-year extensions. Wood’s teams across Europe, North America, Latin America, South East Asia, Australia, and the Middle East will deliver services as part of this collaboration.

Ken Gilmartin, Wood’s chief executive, expressed his enthusiasm about the award, stating, “This award continues a 70-year relationship between Shell and Wood, spanning more than 20 countries and numerous major projects. Complex project excellence is where we excel, and we are aligned with Shell in our strategic ambitions to deliver the energy the world needs today while simultaneously delivering the energy transition at pace.”

Wood and Shell’s multi-year framework agreement represents a continuation of their long-standing partnership, focusing on major projects. Despite environmental concerns and protests, Wood remains dedicated to contributing to the energy transition, with a strong emphasis on developing lower carbon solutions. Shell’s decision to postpone the reduction of oil production until 2030 has also sparked debate and controversy. This collaboration between Wood and Shell highlights the ongoing challenges and complexities of striking a balance between meeting energy demands and ensuring environmental sustainability.

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