Wood PLC Finalizes Preliminary Engineering for Aramco's Giant CCS Hub

Wood PLC has completed the preliminary engineering and front-end engineering design for the first phase of Aramco's Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia. This phase aims to capture carbon emissions from various facilities, with the goal to store up to 14 million tonnes of CO2 annually by 2035.

WOOD PLC: * WOOD COMPLETES PRELIMINARY ENGINEERING FOR ARAMCO ON WORLD'S LARGEST CCS HUB - STATEMENT

* WOOD COMPLETES FRONT-END ENGINEERING AND DESIGN (FEED) SCOPE FOR THE FIRST PHASE OF ARAMCO'S ACCELERATED CARBON CAPTURE AND SEQUESTRATION (ACCS) PROJECT IN SAUDI ARABIA * FIRST PHASE OF ACCS PROJECT INTENDS TO CAPTURE CARBON EMISSIONS FROM ARAMCO GAS PLANT FACILITIES NEAR JUBAIL, ON EAST COAST OF SAUDI ARABIA, AS WELL AS FROM THIRD-PARTY EMITTERS

* ARAMCO PLANS TO STORE UP TO 14 MILLION TONNES PER ANNUM (MTPA) OF CO2 EQUIVALENT BY 2035

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