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Wood Group hires Babcock boss David Lockwood

John Wood Group, the Aberdeen-based global engineering and consulting giant, announced that Babcock International Group CEO David Lockwood will join the firm as a non-executive director…







Wood Group wins Gulf of Mexico contract

John Wood Group, the Aberdeen-based engineering and consulting giant, said it secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides…




Wood Group on target for $6bn revenue

John Wood Group, the Aberdeen-based engineering and consulting giant, said its third-quarter revenue rose 8% to $1.477 billion. Group revenue for the first nine months of…


Wood Group hires Rolls-Royce’s Balan as CFO

John Wood Group, the Aberdeen-based engineering and consulting giant, announced the appointment of Arvind Balan to the company’s board as chief financial officer (CFO) and…




Wood preferred bidder for SSEN Transmission role

Aberdeen-based Wood plc has been selected as a preferred bidder on Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. The…







Wood Group Urged To Launch Share Buyback

London-based investment fund Sparta Capital on Friday repeated its call for John Wood Group, the Aberdeen-based global engineering and consulting giant, to launch a share buyback…




Bruntwood Glasgow tech hub to get new tower

Bruntwood SciTech has unveiled detailed plans for the forthcoming transformation of Glasgow’s iconic Met Tower. The proposals include a refurbishment of the former City of…









Wood rejects three takeover proposals from Apollo

By Mark McSherry John Wood Group, the Aberdeen-based global engineering and consulting giant, confirmed late on Wednesday afternoon that it has received three unsolicited, preliminary and…


Wood Group reports order book of $6bn

Aberdeen-based global engineering and consulting giant John Wood Group said its revenue rose 3% to $5.4 billion and its order book stood at $6 billion…


Wood Group’s Mark Collis to join Vesuvius as CFO

London-based Vesuvius plc, a molten metal flow engineering and technology firm, announced the appointment of Mark Collis of Aberdeen-based John Wood Group as Vesuvius chief financial officer. Collis…





Wood Mackenzie sold for $3.1bn to Veritas Capital

By Mark McSherry — New Jersey-based Verisk announced the sale of Wood Mackenzie, the Edinburgh-based consultancy for the energy, chemicals, metals and mining industries, to New York private equity…


Wood Mackenzie may be sold for up to £2.5bn

Wood Mackenzie, the Edinburgh-based consultancy for the energy, chemicals, metals and mining industries, could soon be sold by its New Jersey owner for up to £2.5 billion….







Wood sells consulting business for $1.9bn

Aberdeen-based global engineering and consulting giant John Wood Group said it agreed to sell its Built Environment Consulting business to Canada’s WSP Global Inc. for…





Wood shares up 13% as investigation ends

Shares of Aberdeen-based engineering giant John Wood Group plc rose about 13% on Monday after it said an external investigation into a legacy Amec Foster Wheeler…








Wood signs $1.2bn sustainable debt facility

Aberdeen-based global engineering and consulting group Wood plc announced it has signed a new $1.2 billion, five-year committed sustainable revolving credit facility (RCF) with a group…







Wood pays $177m to settle Amec bribery case

Aberdeen-based John Wood Group plc announced that “agreements have been reached” with the UK’s Serious Fraud Office, the Department of Justice and Securities and Exchange…



Mattioli Woods to buy £100m Maven Capital

Leicester-based asset management firm Mattioli Woods announced the proposed acquisition of Glasgow-based private equity and alternative asset manager Maven Capital Partners for up to £100 million and…



Mattioli Woods buys Caledonia Asset Management

Leicester-based wealth and asset management business Mattioli Woods plc has announced the acquisition of Edinburgh-based Caledonia Asset Management Limited from its shareholders. The transaction is being…