Wood is fully committed to helping our customers meet the goals of energy transition and climate change. With our extended scope of services and strong industry base we have a broad view across the value chain for energy, resources and manufacturing.
The pace of change in technologies to transform our current systems is exciting and compelling. We urgently need to explore every option in the quest to answer the many challenges of our changing climate and developing populations. This microsite has been set up to share some of our knowledge, experience and success stories so that our partners and stakeholders can navigate the challenges of energy transition and build successful, sustainable businesses.
The site connects to our own stories and services as well as news from across the industry to offer thought provoking views and highlight emerging solutions. Categories will change as we generate more content, please bookmark this page or subscribe to our social media channels for updates.
Transforming the fossil fuel industry
High on the energy transition agenda is the need to reduce the environmental impact of fossil fuels. We need to move away from coal, reduce the carbon intensity of oil and gas, and apply more resource and investment to mitigating solutions like carbon capture and offset options.
Recently the UK passed a couple of major milestones – generating more power from zero carbon sources than fossil fuels, and going two weeks without using coal to generate electricity. There is a long way to go yet but we are heading in the right direction.
Can we decarbonise the fossil fuel chain to remain viable for a post transition world?
Bridge solutions create the opportunity to step away from the more carbon intensive systems, and carbon capture offers the prospect of recovering harmful emissions and storing them permanently so they cannot affect our environment.
Repurposing the oil and gas industry to navigate energy transition
The energy transition offers a tremendous opportunity to reinvent our industry at every point in the production chain and revolutionise the way we operate
Transition or transformation: opportunities for the energy industry
Wood is focused on the outlook for the energy industry over the next 15 years using scenario planning to map alternative, future realities and building a diversified business to succeed
SNG production can provide an efficient, robust and viable solution of natural gas production. Wood licenses methanation units for substitute natural gas (SNG) production based on the VESTA patented technology developed by Foster Wheeler, supported by customised process design packages, tailored to our customers' requirements.
Reducing the carbon intensity of operations
For the first time since the Industrial Revolution, Britain now obtains more power from zero-carbon sources than fossil fuels. However, with demand predicted to increase at a faster rate than renewables can meet oil and gas is likely to remain a key part of the UK’s energy supply mix for the foreseeable future.
Wood leads first-of-a-kind project aimed at reducing CO2 emissions
Wood has been awarded a prestigious multi-million dollar contract by the Oil and Gas Climate Initiative Climate Investments (OGCI CI) to provide conceptual engineering for its gas power and industrial carbon capture conceptual design work.
Industry and Governments back new Net Zero Solution Centre at OGTC
The Oil & Gas Technology Centre has today announced it will create, in partnership with industry, a new Net Zero Solution Centre to accelerate the development and deployment of technologies to decarbonise offshore operations and develop the UKCS as the first net zero oil and gas basin globally, supporting the industry’s Roadmap 2035.
The importance of CCUS on the road towards net-zero
The recent Committee on Climate Change report provides a stark warning on the threat of climate change and the need for much stronger action to reduce the United Kingdom’s (UK) long-term emissions.
Building momentum in the CCS industry
In May, the Committee on Climate Change released a seminal report on how the UK could achieve ‘net zero’ greenhouse gas emissions by 2050. One of the key conclusions was that major investment in carbon capture and storage (CCS) infrastructure was ‘a necessity not an option’, if the UK was to meet this target.
Beyond mitigation we have to develop alternative solutions at a scale that allows us to move into clean, fully sustainable energy systems. Renewables continue to grow in use but they are only part of the solution and there is plenty of room for improvement and development, we are working hard on the frontline to maximise the potential of these systems.
Wind power is ramping up significantly with large scale projects both on- and offshore. We are supporting some of the largest offshore projects in the world and using our innovative technologies to maximise the effectiveness of existing assets.
Solar systems are seeing a similar surge bringing costs down and opening up the potential for larger installations.
Solutions like hydrogen and developments in battery power will help solve the intermittency of some renewable sources.
Wood awarded technical advisor role on Vineyard Wind project
Wood has been awarded the role of technical advisor on Vineyard Wind, the first utility-scale wind farm located off the coast of Martha’s Vineyard, an island in Massachusetts, USA.
We deliver a comprehensive package of consultancy, engineering and construction services covering the entire project life cycle of wind development.
Wood completes work on Shell’s first solar PV plant in the Netherlands
Wood has completed work on Shell’s first solar PV plant, located at the Shell Nederland Chemie Moerdijk Chemical Facility in Moerdijk, near Breda in the Netherlands.
The potential of hydrogen energy
The most abundant element in the universe, hydrogen can have very strong clean energy credentials.
The future of resources
Addressing the environmental impact of our activities is not confined to energy production and needs to address more than just the carbon output. Our wider business supports a variety of areas that can influence the environmental footprint of our industries. From assessing infrastructure and modernising cities to transitioning manufacturing to more sustainable methods and developing efficient factories that use less water as well as less energy, we are helping our customers to push the boundaries and create true sustainability in their businesses.
Wood announced as engineering partner for world’s largest lyocell fibre facility in Thailand
Wood has been awarded a contract by the Lenzing Group to deliver engineering, procurement and construction management (EPCm) services for a proposed lyocell fibre production facility in Thailand.
With environmental legislation becoming increasingly stringent, we offer a complete range of specialist clean air solutions for our customers by applying our detailed knowledge of the energy, utility and process industries and our design, engineering and construction expertise to deliver products, technologies and services enabling our customers to meet their current and future environmental goals.
WHO WE ARE
At Wood we recognise the role we play in ensuring the future sustainability of our world. We have a responsibility to manage the impact of our operations, in a way that allows the environment, society and economy to flourish, helping to ensure our business and the world are sustainable. Through living our values – Care, Commitment and Courage – sustainable action is something we do every day.
Taking a broad view of the issues and challenges around energy transition and climate change is a key part of our own sustainability plan to align our business in support of global causes and deliver a cleaner, brighter future for our stakeholders.