Wood has secured a five-year Long-Term Agreement (LTA) with Aramco, with an option to extend by three years, to support major in-kingdom capital projects in Saudi Arabia.
The contract will see Wood deliver engineering, design and
project management services across Aramco’s oil and gas, refining,
petrochemical and lower-carbon hydrogen initiatives aligned with its long-term
energy strategy.
The partnership builds on more than 30 years of
collaboration between Wood and Aramco.
In 2024, Wood also won a major engineering services contract
for Aramco’s Southern and Northern Areas gas increments project, aimed at
boosting gas production capacity in the Kingdom.
Under the new agreement, Wood’s approximately 900 in-kingdom
employees will work alongside its Reading office in the UK to deliver
engineering design work.
Nick Shorten, Executive President of Projects at Wood, said:
“This agreement reinforces our position as a trusted delivery partner for
Aramco and reflects our long-term commitment to supporting Aramco’s energy
portfolio.” -OGN/TradeArabia News Service
