Wood, a global leader in consulting and engineering, has secured a new contract to deliver project management and engineering services for PetroChina at the West Qurna 1 oilfield in southern Iraq – one of the world’s largest - continuing its decade long support there.

Under the contract, Wood will manage engineering, procurement and construction projects.

Located approximately 50 kilometers north-west of Basra, West Qurna 1 holds more than 20 billion barrels of recoverable reserves and is a cornerstone of Iraq’s energy infrastructure.

Ellis Renforth, President of Operations for Europe, Middle East and Africa said: “The West Qurna 1 field underpins the nation’s energy security and contributes significantly to its economic resilience. This contract award deepens our decade-long partnership at West Qurna 1 and reflects the continued trust placed in Wood to deliver complex energy solutions in Iraq.

“We’re proud to combine our global expertise with a strong local workforce to help support Iraq’s energy ambitions.”

The contract will be delivered by nearly 200 Wood employees based in Iraq and the United Arab Emirates.

About Wood

Wood is a global leader in consulting and engineering across energy and the built environment, helping to unlock solutions to some of the world’s most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people.

About Petrochina

Petrochina is the largest oil and gas producer and seller occupying a leading position in the oil and gas industry in the PRC and one of the largest companies in the PRC in terms of revenue and one of the largest oil companies in the world. The Group principally engages in, among other things, the exploration, development, production, transportation and marketing of crude oil and natural gas, and new energy business; the refining of crude oil and petroleum products; the production and marketing of primary petrochemical products, derivative petrochemical products and other chemical products, and new materials business; the marketing of refined products and non-oil products and trading business; and the transportation and sale of natural gas business.