CEO Ian Edwards says new name cements market identity not tethered to past ethics scandals, legal battles and bottom line pressures of fixed-price construction, as Canada firm builds on its Atkins unit and new needs in changing energy and transportation niches.

Energy contractor Petrofac, with new CEO Tareq Kawash, will execute contract to expand the large Habshan gas processing complex in Abu Dhabi, one year after its suspension ended in UAE, Iraq and Saudi Arabia related to bribery incidents by former executives.

The case centers on activities of subsidiary Amec Foster Wheeler several years before Wood acquired it in 2017.

DOJ alleges retired colonel solicited bribes from undercover FBI agents posing as potential project investors.