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    Home > Finance > UK's Wood Group wins $2.8 billion ADNOC contract
    Finance

    UK's Wood Group wins $2.8 billion ADNOC contract

    Published by Global Banking & Finance Review®

    Posted on June 10, 2025

    1 min read

    Last updated: January 23, 2026

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    Tags:Project Managementengineeringoil and gasinvestment

    Quick Summary

    Wood Group has secured a $2.8 billion contract with ADNOC to provide engineering and management services at the Habshan facility in Abu Dhabi.

    Wood Group Secures $2.8 Billion Contract with ADNOC in Abu Dhabi

    (Reuters) -Wood Group has secured a $2.8 billion contract from Abu Dhabi oil giant ADNOC to deliver engineering, procurement and construction management services at its Habshan facility in the United Arab Emirates, the British oilfield services firm said on Tuesday.

    (Reporting by Prerna Bedi in Bengaluru; Editing by Shinjini Ganguli)

    Key Takeaways

    • •Wood Group wins $2.8 billion contract with ADNOC.
    • •Contract involves engineering and management services.
    • •Project located at Habshan facility in Abu Dhabi.
    • •Wood Group is a British oilfield services firm.
    • •ADNOC is a major Abu Dhabi oil company.

    Frequently Asked Questions about UK's Wood Group wins $2.8 billion ADNOC contract

    1What is the value of the contract secured by Wood Group?

    Wood Group has secured a contract worth $2.8 billion from ADNOC.

    2What services will Wood Group provide under the ADNOC contract?

    Wood Group will deliver engineering, procurement, and construction management services at ADNOC's Habshan facility.

    3Where is the ADNOC facility located?

    The ADNOC facility is located in Abu Dhabi, United Arab Emirates.

    4Who reported the news about Wood Group's contract?

    The news was reported by Prerna Bedi in Bengaluru.

    5What type of company is Wood Group?

    Wood Group is a company that provides engineering and technical services, particularly in the oil and gas sector.

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