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wood-anticipates-global-growth-in-the-ccus-space-secures-20-contacts-in-the-first-half-of-the-year
wood-anticipates-global-growth-in-the-ccus-space-secures-20-contacts-in-the-first-half-of-the-year

Wood anticipates global growth in the CCUS space; secures 20 contacts in the first half of the year

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Global consulting and engineering company Wood has highlighted its belief in carbon capture, utilisation and storage (CCUS) as a decarbonisation imperative, having today (18th August) unveiled that it has secured more than 20 CCUS contacts since the start of the year.

Highlighting a series of new wins for both the company and the globe’s journey to net-zero, the contacts are thought to be from clients that are looking to support a decarbonised future – and the company believed there is more to come.

Anticipating growth, Andrew Stewart, Executive President of Strategy and Development at Wood, said, “Across the globe, clients are looking for practical solutions around how to reduce their carbon emissions. In heavy industry sectors, CCUS will be an essential part of this journey and we expect to see further momentum in this market as policy evolves.”

“At Wood, we have decades of experience in delivering feasibility studies, concept selection, engineering design and the implementation of capture technologies. Furthermore, our understanding of existing oil and gas infrastructure means we are ideally placed to advise clients on how assets could be repurposed to transport and store CO2 in the future.” 

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