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flag Wood Group faces financial review and potential breakup amid project cancellations in MENA.

flag Wood Group, an energy services company, is facing financial challenges leading to a drop in its stock value due to project write-downs and contract cancellations, especially in the Middle East and North Africa. flag This has prompted a financial review by Deloitte and the potential breakup of its MENA business to improve financial stability. flag Meanwhile, plans for a new 1GW gas turbine plant in Abu Dhabi could bolster the region's energy infrastructure.

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