Regional2 weeks agoWood Group CEO resigns ahead of Sidara takeoverWood Group has announced that its chief executive Ken Gilmartin is to resign from the engineering consulting firm ahead of…
Regional2 months agoNorth Sea firm Wood Group agrees cut price saleTroubled Wood Group has agreed to a cut-price £216m takeover by its Dubai-based suitor. The engineering and energy services firm,…
Regional2 months agoCrisis-hit Wood Group to sell North American division in £81.5million dealTroubled Wood Group is to sell off its North American transmission and distribution business in a 110 million US dollars…
Regional3 months agoWood Group moves much closer to divestment target with $135m dealJohn Wood Group PLC has agreed to sell its 50% interest in its subsidiary, RWG (Repair & Overhauls) Limited, to…
Regional7 months agoWood Group Shares Rise on Fresh £242m Takeover Approach from Dubai’s SidaraStruggling UK oilfield services and engineering firm Wood Group has received a fresh takeover proposal from Dubai-based Sidara. The proposal…
Regional8 months agoUK’s Wood Group renews takeover talks with Dubai’s SidaraBritain’s struggling oilfield services and engineering firm Wood Group has received a fresh approach from Dubai-based Sidara about a possible…
Contracts8 months agoWood secures $120 million engineering contract extension with Shell UK Wood, a global leader in consulting and engineering, has been awarded a $120 million contract extension by Shell UK Limited…
Regional9 months agoWood Group plunges 31% after sounding the earnings alarmShares in John Wood Group PLC plunged 31% in early trading after the company warned of weaker-than-expected fourth-quarter performance and…