Wood wins Saudi Aramco mega-project deal
Aberdeen-based oil and engineering giant Wood plc said it secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one…
Aberdeen-based oil and engineering giant Wood plc said it secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one…
Shares of Aberdeen-based oil and engineering giant Wood plc — which recently completed the £2.2 billion acquisition of rival firm Amec Foster Wheeler (AFW) — fell 7%…
Aberdeen-based engineering giant Wood Group said it won a multi-million dollar contract supporting drug major GlaxoSmithKline in Germany. Wood will provide GSK Vaccines GmbH (GSK),…
Aberdeen-based oil and gas services giant Wood Group said it commenced a multi-million dollar contract to act as operating partner of the Scottish Area Gas…
Aberdeen-based energy and engineering services giant Wood Group said it was awarded a new multi-million dollar contract by Total to support its Lindsey Oil Refinery located…
Aberdeen-based oil and gas services company Wood Group said it completed the roughly £2.2 billion acquisition of rival firm Amec Foster Wheeler to create one of the…
Glasgow-based packaging firm Macfarlane Group said it conditionally agreed to acquire the packaging business and selected assets of Nottingham-based Greenwoods Stock Boxes Limited and 100% of its…
The UK’s Competition and Markets Authority (CMA) said it has accepted proposals to resolve competition concerns regarding the £2.2 billion purchase of Amec Foster Wheeler by Aberdeen-based…
Aberdeen-based oil and gas services giant Wood Group said its profit for the first half of the year fell 86.7% to $6 million amid exceptional…
The UK’s Competition and Markets Authority (CMA) said on Tuesday it is “considering proposals” to overcome its competition concerns about Aberdeen-based oil and gas services giant…
The UK’s Competition and Markets Authority (CMA) said it has found that Wood Group’s purchase of Amec Foster Wheeler “gives rise to competition concerns.” The CMA said…
UPDATE 3 — Oil and gas services company Amec Foster Wheeler — which has agreed to be taken over for £2.2 billion by Aberdeen-based Wood…
Aberdeen-based oil and gas services giant Wood Group said it was awarded a new contract by Maersk to deliver mechanical and management services for the…
Shares of Aberdeen-based oil and gas services giant Wood Group fell about 3% after it said its 2017 first half performance was “weaker than anticipated” and…
Shareholders of Aberdeen-based oil and gas services company Wood Group and rival Amec Foster Wheeler have overwhelmingly approved Wood Group’s roughly £2.2 billion recommended all-share offer…
Aberdeen-based oil and gas services giant Wood Group said it was awarded a new industrial services contract by BAE Systems Submarines. Effective immediately, the two-year contract…
Aberdeen-based oil and gas services giant Wood Group on Wednesday increased its presence in the automotive hub of Detroit by acquiring CEC Controls for $59 million. And late on…
Verisk Analytics, owner of Edinburgh-based energy, metals and mining consultancy Wood Mackenzie has acquired MAKE, a research and advisory business specializing in wind power. New Jersey-based…
Aberdeen-based oil and gas services giant Wood Group — currently in the process of buying rival firm Amec Foster Wheeler for about £2.2 billion — said on Wednesday its…
UPDATE 1 — Glasgow-based media company STV Group said its CEO Rob Woodward “will stand down from his position and from the board within 12 months.” STV’s…
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….
The UK’s public sector net debt excluding public sector banks was provisionally estimated at around £2.74 trillion or 99.5% of gross domestic product (GDP) at the…
Scotland’s forestry contributes £1.1 billion to the economy each year and supports more than 34,000 jobs, a new report has found. The independent study, commissioned…
Perth-based SSE and Norway’s Equinor have finalised commercial terms for a potential expansion of the Dogger Bank Wind Farm known as Dogger Bank D. Dogger…
Recast, the Edinburgh-based “fintech-for-media” platform, has announced the closing of a $5 million funding round. This round was led by Los Angeles-based venture capital firm…