Wood shares rise as it wins BP contracts
Shares of Aberdeen-based John Wood Group plc rose about 9% after it said it signed three major agreements with bp to provide engineering and project…
Shares of Aberdeen-based John Wood Group plc rose about 9% after it said it signed three major agreements with bp to provide engineering and project…
Shares of Aberdeen-based consulting and engineering giant Wood plc fell as much as 60% on Thursday after the firm said it agreed to commission an independent review…
Aberdeen engineering and consultancy giant Wood plc has been awarded a Front-End Engineering Design (FEED) contract for cleaner, increased fuel production at the Dung Quat Oil…
Aberdeen-based consulting and engineering group Wood plc said it has secured a “significant” engineering services contract for Aramco’s Southern and Northern Areas gas increments project in Saudi…
By Mark McSherry Up to £10 billion of North Sea oil and gas pre-tax value could be unlocked from existing assets if the UK government…
Aberdeen-based consulting and engineering group Wood plc has opened its third office in the United Arab Emirates (UAE). Located in Sharjah, the new 18,625 square foot office…
Aberdeen-based consulting and engineering group Wood plc announced it is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said it has entered an agreement with Brazilian oil giant Petrobras “to deliver concept studies with…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, has been awarded a three-year contract to operate and maintain the Freepoint Eco-Systems plant in…
Glasgow-based Morris & Spottiswood, one of the UK’s leading construction sector firms, has reported the highest turnover in its almost 100-year history, rising 25% to…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said it has been awarded the front-end engineering design (FEED) for a long-haul, large diameter liquids-rich…
John Wood Group plc said it has signed separate sales agreements for the disposals of two businesses, which together are expected to generate net proceeds…
Influential trade body Offshore Energies UK (OEUK) has announced Steve Nicol as the new supply chain champion for the sector. Nicol is Executive President of Operations…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said it is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf….
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Tuesday it made a statutory loss of $983 million in the six months to…
Shell has selected Aberdeen-based consulting and engineering giant Wood plc to deliver pre-FEED (pre-front-end engineering and design) services for Oman’s innovative Blue Horizons’ project. “The project will…
Dubai-based firm Sidara said on Monday it does not intend to make a firm offer for John Wood Group plc, the Aberdeen-based engineering and consulting giant, “in…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, announced on Wednesday another extension to the “Put Up Or Shut Up Deadline” for Dubai-based firm…
Wood Group of Aberdeen has been awarded a $40 million engineering design contract by Kuraray to build a new sustainable packaging production plant in Singapore. “Addressing…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said Henrik Melsom has been appointed Senior Vice President of Wood’s Norwegian operations, tasked with growing the…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, on Thursday reported an order book of $6.1 billion, up 2% compared to June 2023. In…
Shell has awarded Aberdeen-based consulting and engineering giant Wood plc a major engineering contract for the world’s largest floating offshore gas facility in Western Australia….
John Wood Group plc, the Aberdeen-based engineering and consulting giant, announced on Wednesday an extension to the “Put Up Or Shut Up Deadline” for Dubai-based firm…
Aberdeen-based engineering giant Wood Group has been awarded a contract by Centrica Energy Storage (CES) for the redevelopment of the UK’s Rough field in readiness for…
Aberdeen-based consulting and engineering giant John Wood Group plc said it has been awarded a contract by the world’s largest gold mining firm, Newmont, to enhance…
Aberdeen-based consulting and engineering giant John Wood Group plc said it has been awarded a new $46 million, three-year contract by TotalEnergies in Iraq. Wood said…
Aberdeen-based John Wood Group plc said it has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Wednesday that after feedback from shareholders it “has decided to engage” with Dubai-based…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Wednesday it is evaluating “a fourth and final, unsolicited, preliminary and conditional” cash…
Haddington-based investment firm McInroy & Wood announced that Wendy Ferguson will be appointed as chief executive officer in June 2025, taking over from current CEO…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Friday its board unanimously rejected a third cash takeover proposal from Dubai-based firm Sidara….
John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Wednesday afternoon it rejected a slightly increased cash takeover proposal from Dubai-based firm Sidara….
Aberdeen-based engineering and consulting giant John Wood Group plc said on Thursday its order book at March 31, 2024, was $6.2 billion, up 9% compared…
John Wood Group plc, the Aberdeen-based engineering and consulting giant, announced on Wednesday it rejected an “unsolicited, preliminary and conditional” takeover proposal from Dubai-based engineering and…
Aberdeen-based engineering and consulting giant John Wood Group plc has been awarded a new decarbonisation contract by TotalEnergies (TEPUK) to support flare gas recovery in the…
Aberdeen-based global engineering and consulting giant John Wood Group plc said it has appointed Jennifer Richmond as chief strategy officer (CSO). Richmond joined Wood in 2022 as…
Aberdeen-based global engineering and consulting giant John Wood Group plc said it has been awarded a contract by Antofagasta Minerals S.A (AMSA) for its Nueva Centinela copper…
Aberdeen-based global engineering and consulting giant John Wood Group plc announced that Catherine Michel will join Wood’s board as a non-executive director on May 10, 2024, following…
Aberdeen-based global engineering and consulting giant John Wood Group has been urged by activist investor Sparta Capital Management — which claims to be a “significant” Wood…
John Wood Group, the Aberdeen-based global engineering and consulting giant, has appointed Jess Stanley as President of its Americas Operations, joining the business unit’s global leadership…
John Wood Group, the Aberdeen-based global engineering and consulting giant, said its order book was up 4% to $6.3 billion as the firm reported 2023…
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…
John Wood Group, the Aberdeen-based global engineering and consulting giant, said it has been selected as “owner’s engineer” on a major green hydrogen production project in…
John Wood Group, the Aberdeen-based global engineering and consulting giant, has secured an $80 million contract extension with Equinor to deliver maintenance and modification solutions…
John Wood Group, the Aberdeen-based global engineering and consulting giant, published a trading update for the year ended December 31, 2023, showing FY23 revenue of around $6 billion,…
John Wood Group, the Aberdeen-based global engineering and consulting giant, has announced two important developments for the company. Wood said it has been awarded a…
Manchester based property company AM Sci Tech – a subsidiary of Hurstwood Holdings – has finalised one of the most significant property deals in the…
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…
John Wood Group, the Aberdeen-based engineering and consulting giant, has announced changes to its executive committee with the appointment of two new executive leaders. Marla Storm…
John Wood Group, the Aberdeen-based engineering and consulting giant, said it has secured a two-year contract extension with Equinor UK Limited to support energy production…
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…
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…
Martin Gilbert’s asset manager AssetCo has announced the disposal of its 70% equity interest in Rize, a thematic ETF specialist, to Cathie Wood’s ARK Invest…
Wood Group plc and Harbour Energy, the UK’s largest oil and gas producer, have entered into a new strategic partnership for UK North Sea operations…
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…
Shares of John Wood Group, the Aberdeen-based engineering and consulting giant, rose about 4% on Tuesday after it raised its full-year revenue expectation to around…
John Wood Group, the Aberdeen-based global engineering and consulting firm, said it has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services…
Aberdeen-based global engineering firm John Wood Group said its first-half revenue rose 15% to $2.9 billion, with good growth in all business units, and adjusted EBITDA rose…
John Wood Group, the Aberdeen-based global engineering firm, announced it has been awarded a contract extension worth $250 million by Brunei Shell Petroleum (BSP), Brunei’s largest…
Aberdeen-based global engineering firm John Wood Group announced it has won a significant US life sciences project with GSK. “Wood has won an award valued…
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…
By Mark McSherry New York private equity firm Apollo Global Management announced on Monday morning it “does not intend to make an offer” for Aberdeen-based global…
Aberdeen-based global engineering firm John Wood Group — facing a potential takeover offer from New York private equity firm Apollo Global Management — said in a…
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…
Aberdeen-based global engineering and consulting giant Wood Group said on Monday it has extended the “put up or shut up” takeover offer deadline for New York-based…
By Mark McSherry New York-based private equity firm Apollo Global Management said on Tuesday it has made a “final” and “possible offer” for Aberdeen-based global engineering…
The chief executive of John Wood Group, the Aberdeen-based global engineering and consulting giant, admitted in the firm’s 2022 results announcement on Tuesday that “… we…
By Mark McSherry The deadline by which Apollo Global Management is required to announce a firm intention to make a takeover offer for John Wood…
John Wood Group, the Aberdeen-based global engineering and consulting giant, announced on Tuesday it has completed the sale of its offshore labour supply operations in…
John Wood Group, the Aberdeen-based global engineering and consulting giant, said on Tuesday it received a fourth takeover proposal from private equity firm Apollo Global Management…