1 minute read
CONGRATULATIONS
The result is an impressive full-service organization that draws on the Wood network of 37,000 employees across more than 60 countries to provide quality solutions to its oil and gas clients. As an integrated EPC firm specializing in oil sands, petrochemicals and refining, pipelines, carbon capture, hydrogen, mining and biofuels, Wood can not only engineer greenfield and brownfield facilities but also procure the necessary materials and equipment and execute the design in the field. Unlike many EPC companies, Wood has an experienced construction arm in Leduc that creates a one-stop shop for clients as they take a project from conception through to operation.
Wood has also added an “F” to the EPC capabilities with the introduction of fabrication, developing fit-for-purpose solutions that include anything from well pads to pump house modules to marine assets for tailings ponds. These value-add propositions present a significant opportunity for Wood in the market while helping customers reduce capital costs on their projects at the same time.
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“We have several inhouse products that we’ve developed and are in the process of developing where we can disrupt some of the incumbent solutions typically used here in Western Canada,” says Westrup.
Bucking traditional methods is something Wood has settled into as it has grown and diversified in an increasingly challenging and changing market. A key example is carbon capture, an emerging market assisting Canada’s net-zero goals across a number of industries, and Wood is accessing local specialists and global subject matter experts to apply strategies being employed in countries that are further ahead of Canada in the energy transition.
As key part of Canada’s decarbonization journey, Wood is proud to be the incumbent engineering services provider of the Pathways Alliance CO2 trunkline project. This initiative sees Canada’s largest oil sands producers working toward their goal of net-zero emissions by 2050. The ambitious flagship project will link more than 20 oil sands facilities along a 400-kilometre trunkline and collect CO2 for permanent storage in a Cold Lake, Alberta, hub. Wood is currently executing the Front End Engineering and Design (FEED) project scope for the Pathways Alliance.
Hydrogen is also playing an important role in the energy transition in Alberta, whether clients are looking at blending hydrogen with natural gas for energy, transporting hydrogen via pipeline or converting to ammonia, or altering their combustion engines to fire on hydrogen instead of natural gas. Wood supports the full hydrogen lifecycle.
“Wood owns its own SMR (steam methane reforming) hydrogen production technology, and we are one of only a few companies in the world that can actually license that technology to companies,” he says.
Wood is clearly not a standard EPC company, and it is striving to be both a client’s first choice service provider and a professional’s first choice employer.