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Wood

Global energy engineering and project services

Overview

Wood is a global engineering and consulting firm that provides project management, engineering, and technical services for energy and materials markets, including oil and gas, renewables, and environmental work. Its approach combines engineering know-how with program management to plan, design, build, and optimize large projects. The firm differentiates itself through a long track record of growth via organic expansion and major acquisitions, notably the Amec Foster Wheeler merger, creating an integrated portfolio from traditional energy to sustainability consulting. Its goal is to help clients navigate the global energy transition by delivering reliable project delivery at scale and sustainable value in international energy services.

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About Wood

Simplify's Rating
Why Wood is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

ConsultingIndustrial & ManufacturingEnergy

Company Size

10,001+

Company Stage

IPO

Headquarters

Aberdeen, United Kingdom

Founded

1912

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Simplify's take

What believers are saying

  • November 3, 2026 Databricks partnership expands Wood's AI-enabled engineering sales pitch.
  • Serica's Bruce platform work is operating, cutting routine flaring by over 50%.
  • July 2026 Dung Quat PMC contract and 2030 Bruce extension sustain backlog visibility.

What critics are saying

  • Harbour Energy platform strikes in November 2026 expose labor friction and delivery disruption.
  • Sidara bought Wood after financial stress; another refinancing shock would threaten talent retention.
  • Heavy dependence on hydrocarbon projects leaves Wood exposed if clients slash 2027 capital budgets.

What makes Wood unique

  • Wood pairs deep North Sea asset knowledge with global engineering breadth.
  • March 2026 Sidara deal kept Wood brand intact and funded stability.
  • Wood turns operational domain expertise into execution, not slideware, across energy assets.

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Funding

Total Funding

$567.6M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Medical Insurance
  • Group Life and Personal Accident Insurance
  • End of Service Gratuity
  • Employee Share Plan
  • Long Service Award
  • Professional Development Budget
  • Competitive remuneration package
  • Hybrid Work Options

Stock Price

Company News

Hydrocarbon Processing
Nov 3rd, 2026
Wood partners with Databricks to help energy companies realize greater value from AI.

Wood partners with Databricks to help energy companies realize greater value from AI. 11/3/2026 7:00:00 AM * Helping energy companies move from AI experimentation to practical, enterprise-scale deployment * Combining Databricks' market-leading Data + AI Platform with Wood's engineering, operational and asset-domain expertise * Building on proven collaboration, including an AI-enabled engineering solution that improved productivity by 75% and accelerated project delivery Wood has announced a partnership with Databricks to help energy companies turn AI investments into measurable operational and business outcomes across the full asset lifecycle. Building on several years of successful collaboration, the partnership combines Databricks' market-leading Data + AI Platform with Wood's engineering, operational and asset-domain expertise to help clients apply AI at scale to complex industrial challenges. The partnership brings together Databricks' industry-leading data and AI capabilities with Wood's deep understanding of how complex industrial assets are designed, delivered, operated and maintained, enabling clients to translate data-driven insights into practical operational and commercial outcomes. Together, the companies will help organizations improve decision-making, increase productivity and enhance project and operational performance across the asset lifecycle. By combining AI-driven insights with deep engineering expertise, organizations can uncover new opportunities, solve more complex challenges and make better-informed decisions, while automating routine activities and enabling specialists to focus on higher-value technical work. The partnership builds on successful collaboration with shared clients, including the delivery of an AI-enabled engineering solution that reduced the time required for critical-path document review and quality assurance by 75%, accelerating project delivery while maintaining engineering oversight. Dr David Cole FREng, Chief Operating Officer - Consulting at Wood, said: "Technology alone doesn't deliver outcomes. Real value comes from combining advanced AI capabilities with deep engineering and operational expertise. With Databricks, Hydrocarbon Processing is helping clients apply AI to improve project execution, optimize asset performance and unlock measurable value across the asset lifecycle. "This partnership will help clients move beyond AI experimentation and deploy practical, scalable solutions that drive productivity, support better decision-making and deliver tangible business results." Mustafa Ashraf, UAE Country Manager at Databricks, added: "Energy companies have no shortage of data or AI ambition, but too many projects stall because AI lacks the engineering and operational context needed to make decisions about real-world assets. Wood brings deep expertise in how complex industrial assets are designed, built, operated and maintained and the Databricks Data + AI Platform gives that knowledge a governed foundation to scale. Together, we're helping customers move AI out of the pilot phase and into the everyday work that drives safer, more productive and more profitable operations."

Offshore Energy
Nov 3rd, 2026
Wood Group workers launch strike across Harbour Energy offshore platforms.

Wood Group workers launch strike across Harbour Energy offshore platforms. Published Nov 3, 2026 6:49 am ET Wood Group offshore workers have started a fresh 48-hour strike affecting five Harbour Energy-operated platforms, with further industrial action planned later in November amid a dispute over pay and working conditions. The latest stoppage began on November 3 and is scheduled to end on November 4, while another 48-hour strike is planned for November 17-18, trade union Unite informed. The industrial action affects the Britannia, Jasmine, Judy, Lomond and North Everest platforms, involving electrical, production, instrument and mechanical technicians employed by Wood Group. The dispute centres on what Unite describes as cuts to workers' pay and conditions, including the issuing of fire-and-rehire notices to dozens of employees. "Unite will not accept or tolerate the Wood Group slashing our members' pay and conditions. It is disgraceful that this profitable company has issued fire and rehire notices to dozens of workers," said Sharon Graham, Unite's general secretary. The union said the strike action, alongside an ongoing overtime ban, was affecting operations on Harbour Energy's offshore assets, with further disruption expected as industrial action continues. "Our members have no option but to escalate their strike action," added Vic Fraser, Unite industrial officer.

StockTitan
Oct 26th, 2026
Blue Moon Metals hires RAM for Springer plant overhaul.

Blue Moon Metals hires RAM for Springer plant overhaul. Springer's plant refurbishment is expected to finish in Q4 2027, with a restart targeted for late 2027. Available on EDGAR 10/27/2026 - 04:26 AM PDT Accepted by SEC EDGAR 10/26/2026 - 04:07 PM PDT (Moderate) Rhea-AI filing summary. Blue Moon Metals Inc. contracted RAM Enterprise Inc. to refurbish the Springer processing plant, with Nordmin Engineering Ltd. providing engineering as part of RAM's team. The plant refurbishment is expected to finish in Q4 2027. Blue Moon also engaged Wood Group USA Inc. as Owner's Engineer for independent review and oversight of design, procurement and construction, including contractor deliverables, cost and schedule, quality and commissioning readiness. Blue Moon signed a binding agreement to acquire an operating accommodations site near Springer for US$1.7 million in cash. The site has 31 RV sites and 5 mobile home sites. Blue Moon intends to house employees and contractors there during construction and will evaluate further expansion. The purchase agreement was executed October 5, 2026, with closing expected in December 2026. Skott Mealer, Blue Moon's President and COO, said the company is advancing toward a targeted restart in late 2027. Blue Moon also said tungsten has not been mined commercially in the United States since 2015 and described Springer as a project intended to help restore domestic supply. Key figures. Plant refurbishment completion: Q4 2027 Targeted Springer restart: late 2027 Accommodations site purchase price: US$1.7 million in cash +5 more Key terms. Owner's Engineer, EPCM, brownfield, commissioning Faq. AI-generated questions and answers. How Rhea-AI works. Not financial advice. What does BMM's Springer refurbishment contract cover? RAM's scope includes assessment and refurbishment of the process plant and supporting infrastructure, electrical and instrumentation upgrades, and commissioning and start-up support. Nordmin provides engineering as part of RAM's team. How much is Blue Moon paying for the Springer accommodations site, and when is closing expected? Blue Moon agreed to acquire the site for US$1.7 million in cash. The purchase agreement was executed October 5, 2026, and closing is expected in December 2026. How many additional RV sites could the Springer accommodations property add? Blue Moon will evaluate further expansion, including a previously permitted expansion with an additional 14 RV sites. AI-generated analysis. How Rhea-AI works. Not financial advice. Don't miss StockTitan's market coverage in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google Filing exhibits & attachments. 1 document

DT
Oct 1st, 2026
Direct Travel and Wood win European Travel Team of the Year at The Business Travel Awards Europe.

Direct Travel and Wood win European Travel Team of the Year at The Business Travel Awards Europe. * Direct Travel * 2 Minutes Direct Travel also took Bronze in the Travel Partner of the Year, Large TMC category, with both awards highlighting the strength of its customer partnerships and the impact of its travel management services. Award results: * European Travel Team of the Year: Winner, Direct Travel and Wood * Travel Partner of the Year - Large TMC: Bronze, Direct Travel The Travel Team of the Year recognition, achieved with global consulting and engineering company Wood, celebrates the successful transformation of Wood's global travel program. Together, the organizations rolled out travel management, online booking, and meetings and events services across 32 countries in just 66 days, delivering full program adoption, operational efficiencies, and millions of dollars in savings. The Travel Partner of the Year - Large TMC award is one of the industry's highest honors, recognizing exceptional performance, innovation, and value delivered to customers. Direct Travel's bronze award reflects its continued growth across Europe, industry-leading client retention, and commitment to delivering a better travel experience through the combination of expert service, global scale, and innovative technology. Today, Direct Travel supports more than 7,000 organizations globally, operates in more than 90 countries, and maintains a 98% client retention rate. Direct Travel CEO Christal Bemont shares: "The Business Travel Awards Europe celebrate the very best in our industry, which makes recognition in these prominent categories especially meaningful. The awards reflect what's possible when great people, strong teamwork, and a shared commitment to results come together. I'm incredibly proud of the team and grateful to our customers for the trust they place in us every day. A special thank you to Wood for their partnership and belief in what we could achieve together." This latest recognition builds on a strong year for Direct Travel, following three UK award wins earlier in 2026. These included Account Manager of the Year for Sarah Corrie, alongside Service Excellence and Business Travel Team of the Year for Direct Travel's UK Operations Team. These awards reinforce its position as a trusted partner for complex global travel programs that maintains service and partnership at its core. Congratulations to all this year's finalists and winners, whose achievements continue to move the business travel industry forward.

Yahoo Finance
Sep 14th, 2026
Wood Lands $200 Million Contract for ExxonMobil's PNG LNG Project

Wood Lands $200 Million Contract for ExxonMobil's PNG LNG Project Charles Kennedy

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