Recent Expansions Wood has secured significant new contracts with major energy companies, such as TotalEnergies, indicating a growing portfolio and potential for further partnerships in the energy sector.
Financial Health Despite recent layoffs, Wood's ability to raise $165 million from non-core business sales and attract a $2.1 billion acquisition by Apollo suggests strong financial standing, making them an attractive prospect for larger deals.
Technology Adoption With a tech stack including cutting-edge tools like Power BI and AVEVA, Wood demonstrates a commitment to leveraging advanced technologies in its operations, presenting opportunities for companies in the technology sector.
Key Personnel Addition The recent appointment of David Lockwood as CEO brings a wealth of leadership experience to Wood, potentially opening doors for partnerships with organizations looking to collaborate with industry veterans.
Global Presence With operations in 60 countries and 35,000 employees, Wood offers a vast network and diverse expertise, making them an appealing partner for businesses seeking to expand their global reach and capabilities.