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RNS Number : 9825H

Wood Group (John) PLC

02 August 2023

Wood signs global framework agreement with Shell

Wood, a 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.

Bringing specialist consulting, engineering, procurement and project management expertise to Shell's greenfield and brownfield projects, the agreement will see Wood continue to support projects that ensure energy security and enable energy transition projects focused on carbon capture, low-carbon fuels and hydrogen. Wood will deploy expertise in decarbonisation, digitalisation and asset life extension to enhance Shell assets worldwide.

Under the three-year framework, with options for two one-year extensions, services will be provided by Wood's consulting and engineering teams in Europe, North America, Latin America, South-East Asia, Australia and the Middle East.

Ken Gilmartin, Wood's CEO, said: "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. We look forward to continuing to partner with Shell as we work to design a better energy future together."

-ends-

Note to Editors:

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

For further information:

 
 Simon McGough, President, Investor 
  Relations                            +44 (0)7850 978 741 
 
 Alex Le May / Ariadna Peretz, FTI 
  Consulting                           +44 (0)20 3727 1340

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August 02, 2023 02:00 ET (06:00 GMT)

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