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Wood announces new business unit

Published by , Editorial Assistant
Hydrocarbon Engineering,

Wood has announced the creation of a new Technical Consulting Solutions (TCS) business unit, combining its diverse, multi-sector and technology-enabled specialist advisory and consulting capabilities into one global business.

TCS immediately becomes a major in the technical consulting space with an annual revenue of US$2.8 billion and a connected global network of over 15 000 experts and innovators. The new business unit will be led by Joe Sczurko who assumes the role of TCS CEO.

The new business unit has been created to bring together the expertise and provide the agility to respond to the changes and trends shaping the world and Wood’s customers: global energy security and transition, accelerating digital technology, and the growing demand for sustainable infrastructure and environmental resiliency.

Robin Watson, Chief Executive of Wood, said: “Our customers are looking for partners they can trust to build the best solutions that meet the ultimate objectives of their programmes. With the creation of TCS, we have a compelling blend of capabilities across projects, operations and consulting services that are highly relevant for customers working in the energy and built environment markets. By combining the world-class consultancy solutions that TCS offers with the ingenuity and collective expertise that we have across our business, we will continue to anticipate and respond to the challenges that our customers face across the life cycle of their projects.”

The new consultancy business is formed from the former Specialist Technical Solutions and Environment & Infrastructure Solutions business units. It combines leading positions and a global customer base across renewables, infrastructure design, environmental planning and remediation, upstream and downstream oil and gas, manufacturing, mining, and a range of governmental agencies.

Commenting on the new business unit, Joe Sczurko, CEO of Wood’s Technical Consulting Solutions business, said: “The combined capabilities and resources within this new business are unmatched among our competitors. TCS has a unique ability to leverage leading positions across a broad service range and global footprint allowing us to build and blend teams from every part of Wood, tailor the right expertise and create the right solutions in response to customers’ individual needs.

“We can help customers effectively plan their projects, optimise their capital expenditures, address environmental concerns, improve the productivity of their day-to-day operations, and preserve value in their property, plants, and equipment. Remaining customer-centric throughout the asset life cycle, we focus on achieving their objectives with industry-leading technical experts in each phase of the life cycle: plan, engineer, build, operate, and repurpose.”

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