Operate, optimise, outperform.

Asset management

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What we do

Operate, optimise and evolve energy and material assets with smart solutions.

Unlock peak performance.

A complete solution for your asset.

We provide asset operators with a complete solution to unlock peak performance, bringing together every service needed to operate, optimise and manage complex energy and industrial assets through one trusted interface.

Our full lifecycle asset services integrate to bring a complete asset management solution, tailored to your asset’s needs.

Whether you're operating a single facility or managing an asset portfolio, we bring you the right market-leading expertise, technology and insights to achieve asset goals.

70+
years’ experience managing assets, partnering with clients.
25-35%
of the UK's gas supply delivered from Wood operated gas terminals.
10+
year asset management contracts established with energy and material companies, renewed based on performance.

Why Wood?

Operate with confidence

We ensure safe, compliant, and efficient day-to-day management, with tactical activity rooted in a long-term strategy.

Optimise for value

We reduce downtime, extend asset life and ensure return on investment through integrated service contracts.

Transform through data

We use data, AI and analytics to drive smarter decisions, uncover efficiencies and optimise processes.

Plan for transition

We shift strategies to add value in late-life operations and prepare for decommissioning.

Accelerate decarbonisation

We lower emissions through decarbonisation roadmaps, including flare gas recovery and methane abatement.

Take ownership

With extensive experience as operating partner, we take full accountability for your asset and focus on continual improvement.

Full life cycle engineering and consultancy.

Managing your asset with confidence

We have the unique ability to seamlessly link design, completions, maintenance, commissioning and operations, knowing what your asset needs to unlock its full potential - bringing a complete asset management solution as one unrivalled partner.

Recognised as a globally renowned, safe pair of hands you can trust to manage and improve your asset.

Differentiators

Background image for our benefits
Focused on continual improvement
Constantly seeking how to maintain production, maximise asset uptime and optimise CAPEX and OPEX spend to add value.
Full life cycle expertise
Brownfield and greenfield knowledge and experience that provides a complete solution for your asset.
Trusted by asset operators
Selected to manage critical assets on behalf of owners based on a history of trust, performance and results.

“Wood’s management of HSSE, operations, maintenance and projects is exemplary. The focus on innovation and continuous improvement is commendable.” 

Chief Operating Officer
Confidential, UK

Turning CoP into strategic opportunity.

Late-life asset management

As assets approach the end of their operational life and near Cessation of Production (CoP), priorities shift - from production and profitability to cost controland responsible decommissioning. Wood is a trusted partner in helping asset owners navigate this transition with confidence.

We deliver comprehensive, tailored late-life asset management solutions across operations, maintenance, duty holder/operating partner and decommissioning. Our goal is to help you manage risk, optimise performance and gain value from your asset’s end-of-life phase.

With over seventy years of global expertise, we can help you:

  • Maximise value through bespoke late-life strategies
  • Drive down operating costs
  • Strengthen compliance and operational integrity
  • Proactively manage and mitigate risk
  • Plan and execute decommissioning efficiently and responsibly

Let Wood guide your asset through a safe, cost-effective and value-driven late-life journey - ensuring a smooth transition from operations to decommissioning.

200+
decommissioning scopes executed globally
25+
years' experience in late-life and decommissioning
20%
average reduction in maintenance requirements through support of late life asset at CoP

Customer success story

Operating and optimising performance for one of America’s largest coalbed methane assets

Confidential | Wyoming, USA

For over a decade, Wood has been responsible for this one-of-a-kind asset, including maintenance planning and execution, full technical and labor support, environmental and regulatory compliance, brownfield pipeline and infrastructure tie ins, as well as managing discretionary OPEX and CAPEX asset spend.

$3.1
saving since March 2024 by fabricating pumps in-house
7%
reduction in natural decline rate of field, extending asset life
Looking for an asset management specialist?
We're ready to help you take your asset's performance to the next level. Are you?
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