What Wood plc does

Wood plc is a global engineering and consulting firm headquartered in Aberdeen, Scotland, serving the energy and materials sectors. Originally founded in 1848 and formerly known as John Wood Group, the company now operates under the Wood plc brand as part of the Sidara collective of architecture and engineering practices. Wood is publicly listed on the London Stock Exchange under the ticker WG.L and operates across the Americas, Australia, the Middle East, and the UK. Its service portfolio is organised around six pillars: Advising, Engineering, Project Delivery, Asset Management, Decarbonisation, and Digitalisation, covering the full asset lifecycle from concept through decommissioning.

The company's core technology stack centres on its Digitalisation pillar, which spans asset health monitoring, automation and systems integration, digital asset management and DataOps, digital-led decarbonisation, and AI-powered process optimisation. Wood reports that its digital solutions have mitigated over $1bn of design risk to date. Its most prominent AI product is maintAI, an AI-enabled maintenance solution targeting life sciences operations. Wood serves eight primary market verticals: oil & gas (upstream, midstream, petrochemicals, and refining), carbon capture usage and storage, hydrogen, power, renewables (wind and solar), chemicals, life sciences, and mining.

Wood generates revenue primarily through professional services engagements, Engineering, Procurement and Construction Management (EPCM) contracts, and long-term managed services agreements such as operations, maintenance, modifications, commissioning, and decommissioning. Notable recent contract wins include a $65m Woodside EPCM extension on the North West Shelf project and a 10-year maintenance contract for the Rio Grande LNG facility. The company targets enterprise clients in energy and materials sectors exclusively through direct enterprise sales, with dedicated contact channels for sales, recruitment, investors, press, vendors, HR, and pensions. Pricing is quote-based and not publicly disclosed.

Name

Wood plc

Legal name

John Wood Group Limited

Website

https://woodplc.com

Company type

Public

Founded year

1848

Operating status

Operating

Short description

Wood plc is a publicly listed global engineering and consulting firm serving energy and materials sectors through advisory, engineering, project delivery, asset management, decarbonisation, and digitalisation services, operating as part of the Sidara collective across oil & gas, hydrogen, renewables, life sciences, chemicals, and mining markets.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Engineering and Consulting Services: Provides global engineering and consulting services for energy and materials sectors including advisory, engineering, project delivery, and asset management.
2. EPCM Contracts: Engineering, Procurement, Construction Management contracts with major energy operators. Examples include $65m Woodside EPCM extension and 10-year maintenance contracts.
3. Asset Management and Maintenance: Long-term maintenance and operations contracts including operations and maintenance, modifications, commissioning, and decommissioning services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Wood plc is a global engineering and consulting firm that provides integrated solutions for the energy and materials sectors. The company operates a multi-service portfolio organized around six pillars: Advising, Engineering, Project Delivery, Asset Management (including operations and maintenance, modifications, commissioning, and decommissioning), Decarbonisation, and Digitalisation (including asset health monitoring, automation, digital asset and DataOps, process optimisation, and the maintAI AI-powered maintenance solution). Services are delivered through EPCM contracts, long-term maintenance agreements, and consulting engagements with major operators worldwide.

Product overview

Wood plc is a global engineering and consulting firm providing integrated solutions for energy and materials industries. The company operates a multi-service portfolio organized around six core service pillars: Advising, Engineering, Project Delivery, Asset Management, Decarbonisation, and Digitalisation. The Asset Management pillar encompasses sub-services for operations and maintenance, modifications, commissioning, and decommissioning. The Digitalisation pillar includes digital solutions for asset health, automation and systems integration, digital asset and DataOps, digital-led decarbonisation, and process optimisation, with the maintAI AI-powered maintenance solution highlighted. Wood serves multiple market sectors including Oil & Gas (upstream, midstream, petrochemicals and refining), Carbon Capture, Hydrogen, Power, Renewables (wind, solar), Chemicals, Life Sciences, and Minerals & Metals/Mining. The company is now part of the Sidara group of companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Advising Consulting and advisory services for energy and materials projects, providing strategic guidance and technical expertise to enterprise clients in oil and gas, power, chemicals, life sciences, mining, and renewables markets.
• Engineering Full-scale engineering services covering design, analysis, and technical execution for industrial projects in the energy and materials sectors.
• Project Delivery End-to-end project delivery solutions including EPCM contracts, managing execution from conception through completion for major energy and materials operators.
• Asset Management Comprehensive asset management encompassing operations and maintenance, modifications, commissioning, and decommissioning services across the asset lifecycle for industrial operators.
• Operations and Maintenance Ongoing operational support and maintenance services for industrial assets, delivered through long-term contracts (e.g., 10-year maintenance contract for Rio Grande LNG facility).
• Modifications Asset modification services to enhance performance, safety, or compliance for industrial operators.
• Commissioning Commissioning services to ensure industrial assets meet design specifications and operational requirements.
• Decommissioning Safe and compliant decommissioning services for end-of-life industrial assets.
• Decarbonisation Services focused on reducing carbon emissions and supporting the transition to low-carbon energy systems, including carbon capture, usage and storage (CCUS), low carbon and green hydrogen production, and carbon advisory.
• Digitalisation Digital transformation services including asset health monitoring, automation and systems integration, digital asset and DataOps, digital-led decarbonisation, and AI-powered process optimisation, with digital solutions that have mitigated over $1bn worth of design risk.
• Asset Health Digital monitoring solutions for asset performance and health assessment in industrial operations.
• Automation and Systems Integration Industrial automation and systems integration services for energy and materials operators.
• Digital Asset and DataOps Digital asset management and data operations services for industrial operators.
• Digital-led Decarbonisation Technology-driven approaches to achieving decarbonisation objectives for industrial operators.
• Process Optimisation AI-powered process optimisation services for industrial operations.
• maintAI AI-enabled maintenance solution for life sciences operations, providing intelligent maintenance capabilities.

Quantifiable outcome

• Digital solutions have mitigated over $1bn worth of design risk
• +3 more outcomes

Named customers4 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• SidaracoreOthersWood is now proudly a Sidara company. Wood Group operates under the Sidara collaborative umbrella. Sidara is described as a collaborative company bringing together Wood's global engineering and consulting capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Petrofac Limited: Integrated energy services company delivering EPCM, operations, maintenance, and training across upstream and midstream oil & gas — closely matches Wood's asset management and EPCM services for energy operators.
• Bechtel Corporation: Privately held global engineering, procurement, construction, and project management firm with major exposure to LNG, hydrocarbons, and infrastructure — directly comparable to Wood across energy and industrial megaprojects.
• Fluor Corporation: Large global EPCM firm serving energy, mining, infrastructure, and government clients — directly comparable to Wood in upstream, midstream, refining, and increasingly in energy transition and hydrogen projects.
• KBR, Inc. Engineering, procurement, construction, and government services company with strong overlap in oil & gas, hydrogen, ammonia, and sustainable technology solutions — competing head-to-head with Wood in EPCM and advisory mandates.
• TechnipFMC: Leading integrated oil & gas project contractor combining subsea, surface, and engineering capabilities — overlaps with Wood in upstream project delivery, offshore solutions, and energy transition technologies.
• Worley Limited: Australia-based global engineering, procurement, and construction management firm focused on energy, chemicals, and resources — directly comparable to Wood across the same upstream/midstream/downstream energy value chain and asset lifecycle services.
• Saipem: Italian-headquartered engineering and construction company serving oil & gas, LNG, and renewable energy — competes with Wood in offshore EPCI, midstream infrastructure, and energy transition project delivery.
• McDermott International: Provider of engineering, procurement, construction, and installation services for offshore energy projects, including LNG and subsea — directly competes with Wood on large offshore and midstream energy mandates.
• Jacobs Solutions: Global professional services firm delivering engineering, technical, scientific, and consulting solutions across critical infrastructure, energy, advanced manufacturing, and life sciences — closely overlapping with Wood's energy transition and asset management portfolios.

Broad incumbents

• Stantec Inc. Global engineering, consulting, and project management firm with growing exposure to energy, water, infrastructure, and environmental services — broader than Wood but increasingly competitive in energy transition and asset management consulting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/Woodplc
• YouTubeyoutube.com/channel/UCU68H7jV2nD-9s6BphjXzcA
• Facebookfacebook.com/woodgroupltd
• LinkedInlinkedin.com/company/woodgroup-ltd
• Instagraminstagram.com/woodgroupglobal

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wood plc