Wood Chosen for Methanol Facility in the UAE







Published by Ellie Brosnan, Editorial Assistant




Hydrocarbon Engineering


Wood has been awarded a contract by TA’ZIZ to deliver project management consultancy (PMC) for the establishment of the UAE’s inaugural methanol production facility in Al Ruwais Industrial City, located in Abu Dhabi.

The plant, set to be completed by 2028, will rank among the largest methanol production facilities globally, with an output capacity of 1.8 million tons per year. It will utilize cutting-edge clean energy technologies, enhancing its energy efficiency significantly.

Gerry Traynor, the President of Eastern Hemisphere Projects at Wood, expressed: “Wood is committed to executing large-scale, complex projects for clients in the Middle East, which remains a crucial area for strategic growth. This collaboration with TA’ZIZ highlights our proficiency in downstream chemical production and our robust project management capabilities. We are honored to support TA’ZIZ on this pivotal initiative for the UAE.”

Approximately 40 of Wood’s project management consultants, along with experts from the company’s regional energy transition hub, will collaborate with TA’ZIZ’s engineering, procurement, and construction (EPC) contractor on this project.

Business

Similar news

Dubai Property Market Shifts as Developers Adapt to Consolidation

Dubai’s property market enters a consolidation phase as developers focus on financial resilience, construction capacity and flexible buyer payments.

Dubai Property Market Moves Toward a New Balance in 2027

Rising housing supply could reshape Dubai real estate in 2027 as investors face softer prices, wider choice and stronger competition among developers.

UAE and Germany Expand Investment Ties With Billion-Dollar Deals

UAE and Germany prepare billion-dollar investment, AI and energy deals that could strengthen capital flows and support the Emirates’ property market.

How to choose a reliable developer in 2026

Learn how to assess developers in 2026 by reviewing completed projects, finances, construction progress, contracts and the real costs of property ownership.