Wood Group ups savings in £2.2bn Amec Foster deal
Shares of Aberdeen-based oil and gas services company Wood Group rose after it said its expected annual cost synergies from its proposed £2.2 billion deal…
Shares of Aberdeen-based oil and gas services company Wood Group rose after it said its expected annual cost synergies from its proposed £2.2 billion deal…
Aberdeen-based Wood Group said it was awarded a $50 million contract with Premier Oil to deliver topside operations and maintenance services to the Balmoral floating production…
Aberdeen-based Wood Group said on Tuesday it won two separate contracts related to BP’s Mad Dog 2 project in the Gulf of Mexico, providing engineering…
STV chief executive Rob Woodward was on Tuesday appointed non-executive chairman of data erasure and mobile device diagnostics firm Blancco Technology Group, succeeding Matthew Peacock. Blancco also said…
Aberdeen-based oil and gas services company Wood Group said it agreed to buy rival firm Amec Foster Wheeler for about £2.2 billion in an all-share “transformational” deal….
Shares of Aberdeen-based oil and gas services giant Wood Group fell around 8% on Tuesday after it said 2016 revenue fell 15.7% to $4.93 billion, profit…
Leicester-based wealth management firm Mattioli Woods said it acquired 49% of Edinburgh-based fund manager Amati Global Investors Limited from Amati Global Partners LLP for £3.33 million. Mattioli Woods…
Aberdeen-based oil and gas services giant Wood Group said it secured a five year, multi-million dollar framework agreement to continue to provide engineering and project management services…
Shares of Aberdeen-based oil and gas services giant Wood Group rose about 2.5% after it said it expects its 2016 financial performance to be in line…
Aberdeen-based oil and gas services giant Wood Group said it signed a memorandum of understanding (MoU) with Netherlands-based Heerema Fabrication Group (HFG) to offer wellhead platform development to…
Aberdeen-based oil and gas services giant Wood Group said it was awarded a $40 million contract by ExxonMobil Chemical to provide main automation contractor services for…
Wood Group’s Glasgow-based renewable energy consultancy SgurrEnergy has expanded its operations in Asia by opening an office in Hong Kong. SgurrEnergy said the move will allowing…
Plans to plant almost 3,000 acres of new woodland across Scotland have been backed with £6.5 million in funding, the Scottish Government said. At over…
Aberdeen-based oil and gas services giant Wood Group said it secured a five year contract to provide engineering, procurement, construction and maintenance services to the Hibernia…
Aberdeen-based oil and gas services giant Wood Group said it has established a new data analytics centre of excellence — at its office in Galway,…
Aberdeen-based oil and gas services giant Wood Group said revenue fell 16.6% to £2.56 billion and profit fell 63% to £44.6 million in the six months to…
Aberdeen-based oil and gas services giant Wood Group said it won a $700 million contract to provide services to Tengizchevroil (TCO) at the Tengiz Field in Kazakhstan….
Aberdeen-based oil and gas services giant Wood Group said it has been awarded an extension to its master service agreement (MSA) contract with Apache Corporation…
Aberdeen-based oil and gas services giant Wood Group said it was sticking to the guidance of full year 2016 earnings before interest, taxes and amortization (EBITA) of…
Aberdeen-based energy services giant Wood Group said it won a multimillion dollar contract to provide engineering and design and procurement services to South Atlantic Holding, owned…
Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen-based fabrication and manufacturing business following the announcement on May 26 that EESL…
Almost all oil and gas operations in the UK North Sea are up for sale, according to an expert at Edinburgh-based global energy consultants Wood Mackenzie….
The future of the North Sea oil and gas industry could hang in the balance if no further investment materialises, according to a new report by Edinburgh-based…
Aberdeen-based oil and gas services giant Wood Group said on Wednesday that it expects its earnings before interest, taxes and amortization (EBITA) to December 31, 2016 to…
Aberdeen-based energy services Wood Group has won two three -year contracts valued at over $140 million to deliver technical services and expertise to an unnamed international oil…
Aberdeen-based oil and gas services giant Wood Group has been awarded a three year contract extending its work with Shell’s eight UK Continental Shelf offshore assets,…
Edinburgh-based global energy experts Wood Mackenzie have warned in a new report that there could be a 4.5 million barrels per day shortfall in oil supply…
Aberdeen-based oil and gas services giant Wood Group has won a $500 million five year contract with BP-operated projects to deliver services to eight platforms in…
Aberdeen-based energy services giant Wood Group has won a five year $150 million contract extension from Nexen — extending a deal that has been in place since April…
Aberdeen-based energy services giant Wood Group said Richard Howson, chief executive of construction company Carillion, will join Wood Group as a non-executive director on May 12, 2016….
The UK Treasury said Sam Woods has been appointed chief executive of the Prudential Regulation Authority and deputy governor of the Bank of England — the UK’s…
Aberdeen-based oil and gas services giant Wood Group has made its second acquisition this week by buying Houston, Texas-based Ingenious Inc., a supplier of software…
Aberdeen-based oil and gas services giant Wood Group said it acquired SVT Engineering Consultants (SVT) based in Perth, Australia in what it desribed as a “significant step…
Aberdeen-based oil and gas services giant Wood Group has been awarded a two year contract extension with TAQA in the North Sea. Under the contract,…
Scottish Woodlands Ltd, which is 80 per cent employee-owned, said it made pre-tax profits of more than £1.3 million on turnover of £69.5 million in the year…
Aberdeen-based energy services giant Wood Group said Jann Brown — former chief financial officer of Cairn Energy and president of the Institute of Chartered Accountants of Scotland…
Aberdeen-based engineering giant Wood Group said its has been awarded a five year framework contract with a five year extension option, valued at $120 million,…
Aberdeen-based oil and gas services company Wood Group said on Tuesday it suffered a sharp decline in revenue and profit in 2015 as low oil prices and…
Aberdeen-based Wood Group PSN said it plans to reduce the rates paid to a third of its UK-based limited company contractors by an average of 9 per…
Aberdeen-based energy services giant Wood Group has signed a five year contract with Valero Energy that marks an important expansion for Wood into the UK petrochemical sector….
Aberdeen-based energy services giant Wood Group has won a new contract with PetroRio to deliver services to the Polvo A platform in the southern Campos basin, about 100…
Aberdeen-based oil and gas services giant Wood Group said it has acquired Springboro, Ohio-based Kelchner Inc, a privately-owned construction and energy field services company, for…
Shares of Aberdeen-based global energy services giant Wood Group rose almost 3% on Thursday after it published a strong trading update for the year to…
North Sea oil and gas doyen Ian Wood believes the next few years will be the industry’s toughest — with up to 10,000 job losses in…
Aberdeen-based oil and gas services giant Wood Group has won a multi-million dollar contract to provide engineering services to BP in the Gulf of Mexico, UK…
Aberdeen-based global oil services giant Wood Group said its chief operating officer Robin Watson would succeed veteran Bob Keiller as chief executive officer on January 1….
Influential trade body Offshore Energies UK (OEUK) has announced the appointment of three senior industry leaders to its board. Well-Safe Solutions CEO Phil Milton, Wood…
Edinburgh-based oil and gas firm Capricorn Energy said on Thursday its loss after tax more than doubled to $144 million as revenue fell about 12%…
Aberdeen-headquartered transport giant FirstGroup plc said it “anticipates that its FY 2024 group adjusted operating profit and group adjusted earnings will be slightly ahead of…
Babcock said it will create more than 1,000 new jobs at its advanced manufacturing and shipbuilding facility in Rosyth. “Underpinning our commitment to further develop…
Scotland’s tourist visitor attractions enjoyed a strong year in 2023 with visitor numbers up 17.2%, according to new figures. Visitor attractions across Scotland recorded almost…
AEG Europe, owner of The O2 venue in London, said it has submitted a planning application to City of Edinburgh Council for its proposed 8,500-capacity arena in…
Scottish Forestry is investing £2 million towards timber transport projects across Scotland. “The funding will help decarbonise the forestry sector and reduce the impacts of…
Standard Life, part of Phoenix Group, has concluded a £114 million Bulk Purchase Annuity (BPA) transaction covering 1,800 members of the Vector Pension Scheme, which…
Proposals to build 50 new family homes in Colinsburgh in east Fife have been approved by Fife Council. The plans by based in Sauchen, Aberdeenshire-based…
Homes for Scotland (HFS) has described new Scottish planning application statistics as “woeful” and “unacceptable.” HFS said the figures “highlight a 41 per cent drop…
Property consultancy Bidwells announced it has been successful in securing a further tenure as managing agents for Crown Estate Scotland’s coastal portfolio, following a full public procurement exercise….
Leith-based Build A Rocket Boy, the independent game developer and publisher, announced that it has closed on a $110 million Series D fundraising round. The new capital…
Elbow Beach Capital, the decarbonisation, sustainability and social impact investor, has announced a £1 million follow-on investment in Munro Vehicles, the Glasgow-based manufacturer of all-electric 4×4…
UK finance minister Jeremy Hunt has cut national insurance payments for about 27 million people in his autumn statement ahead of a general election expected next…
Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…
A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, has announces the acquisition of the Rio soft drinks brand through the…
Total assets under management (AUM) at the world’s 500 largest asset managers amounted to $113.7 trillion at the end of 2022, according to new research…
Standard Life, part of Phoenix Group, said it has concluded a £335 million Bulk Purchase Annuity (BPA) transaction with the London Stock Exchange Group Pension…
A new report from Robert Gordon University (RGU) in Aberdeen has said that the UK offshore energy workforce can increase by up to 50% from…
Stirling Council has finally confirmed a “Section 75 Agreement” so that Springfield Properties’ 3,000-home village development at Durieshill, Stirling, can move forward. Springfield is building a…
Glasgow-based independent whisky firm Brave New Spirits said planning permission for its Witchburn Distillery near Campbeltown has been granted by Argyll & Bute council. The single…
Year end statistics from Highlands and Islands Enterprise (HIE) show it approved up to £63.2 million of investment in 489 projects by 313 clients during the…
The Scottish Crofting Federation (SCF) has appointed Donna Smith as its new chief executive to replace Patrick Krause, who is stepping down in October. “We…
Standard Life, part of Phoenix Group, said it has concluded a £1.2 billion Bulk Purchase Annuity (BPA) transaction covering 20,200 members of the Mitchells &…