Global consulting and engineering company, Wood announced in a statement that it has awarded a contract to deliver specialist engineering solutions at a major oilfield in Iraq.
The duration of the contract is five years.
With a focus on operational excellence to increase production efficiency and drive down costs, Wood will improve day-to-day operations of the oilfield’s producing assets and supporting facilities, while continuing to invest in local talent development programmes and exploring opportunities to reduce greenhouse gas emissions.
Craig Shanaghey, Wood’s President of Operations for Europe, Middle East and Africa, said: “We are delighted to strengthen and grow our foothold in Iraq with the award of this new contract.
“Building on our already strong delivery performance locally, we will be laser-focused on continuing to develop our in-country teams and ensuring the continued high performance of the oilfield.
“This contract strengthens Wood’s position as a leading engineering partner for conventional energy operations in the Middle East region.”
The contract will be delivered by Wood’s in-country teams in Basra, Iraq, supported by the company’s engineering office in Dubai, statement said.