Press release

Wood wins contracts to deliver emissions reductions on Australian gas projects

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Wood has secured contracts with Beach Energy and Mitsui E&P Australia (MEPAU) to deliver solutions to achieve emissions reduction targets. These strategic projects will reduce emissions intensity in line with Australia’s National Greenhouse and Energy Reporting Act, which is driving a reduction in emissions baselines1 by 4.9 percent each year before 2030.

Applying innovations in maintenance, operations and brownfield engineering, Wood is focused on reducing carbon emissions at Beach Energy’s facilities across Australia and New Zealand and MEPAU’s Waitsia Gas Project in Western Australia.

Under these contracts, Wood is designing programs to improve operations and plant reliability while optimising energy use and electrification. The result will be a clear portfolio of projects to achieve key emissions reduction targets over the next seven years. Wood has previously applied its proprietary decarbonisation SCORE methodology to other clients delivering roadmaps that enable 15-20% reductions in Scope 1 and 2 carbon dioxide equivalent emissions.

Azad Hessamodini, Executive President of Consulting at Wood, said: “We are proud to play a leading role in critical decarbonisation projects for the energy industry. Projects like these are essential in ensuring energy security, providing power to Australian communities while at the same time minimising emissions and enabling energy transition in the Asia Pacific region.

“Wood has extensive experience providing digital and decarbonisation solutions for oil and natural gas facilities. Our track record and deep domain expertise enables us to provide accurate emissions baselines and data-driven reduction of carbon intensity, delivering maximum value and impact for our clients.”

Wood employs more than 2,000 people in Australia delivering consultancy and engineering solutions to clients in the energy and materials markets, including oil and gas, carbon capture, hydrogen, minerals and metals, chemicals and life sciences.