Wood forecasting future hydrogen growth after securing over 30 contracts in 2021

  • Date: 12-Aug-2021
  • Source: Energy Voice
  • Sector:Economy
  • Country:UAE
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Wood forecasting future hydrogen growth after securing over 30 contracts in 2021

Engineering and consultancy services firm Wood landed more than 30 separate hydrogen awards in the first half of the year.

And the Aberdeen-headquartered company is expecting more growth in the space, with about £433 million worth of potential projects due to hit the market in the medium term.

The contract awards span green, blue and bio-hydrogen projects and further strengthen Wood’s position as a “key delivery partner” in “building out” the hydrogen economy, the firm said.