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NEWS |
Wood to provide late life solutions for Morecambe Bay fields offshore UK
Engineering services company Wood has received a $130m contract from oil firm Spirit Energy to deliver late life solutions for its Morecambe Bay offshore gas fields in the UK.
NEWS |
Aberdeen's Wood to work on 'next chapter' for massive UK gas field
Wood, the Aberdeen-headquartered energy and engineering services group, is to work on the “next chapter” for one of the UK’s largest gas fields after securing a major $130 million (£96m) contract.
NEWS |
Sir Ian Wood appointed to key body seeking to rebuild the UK economy after Covid-19 pandemic
Sir Ian Wood, Chairman of Opportunity North East and former Wood Group Chairman has joined the UK Government’s 'Build Back Better Council' which met for the first time yesterday.
NEWS |
Aberdeen oil services firm's progress in markets such as renewables recognised
Scots engineering giant Wood, which has a big North Sea oil services business, has won praise in the City for the speed with which it has responded to the shift to new ‘green’ energy sources.
NEWS |
ExxonMobil spuds Bulletwood-1 well off Guyana
Oil major ExxonMobil has started drilling at the Bulletwood-1 well site on the Canje Block located offshore Guyana.
NEWS |
MODEC awarded operations and maintenance contract for Sangomar FPSO
Following the FPSO purchase contract which was signed between Woodside and MODEC on 10 January 2020, with respect to the supply of the FPSO, MOSEN will be responsible for the operations and maintenanc (...)
NEWS |
Oil and gas independents living on borrowed time net zero drive
Consolidation among independent oil and gas companies will accelerate amid the transition to a lower carbon energy system, which is likely to result in many going out of business, experts have warned.
NEWS |
Wood share prices rises on the back of vaccine
Wood has highlighted the progress it has made amid challenging trading conditions after raising around $70 million (£53m) to cut debt.
NEWS |
Wood Mackenzie lowers forecasts for world oil consumption
The emergence of the new round of restrictions caused by COVID-19 in Europe, and signs of economic weakness in some other countries including the US, have prompted Wood Mackenzie’s analysts to revise (...)
NEWS |
Wood extends training contract with 3t Energy Group by three years
Global engineering and consultancy company, Wood, has renewed its training management service (TMS) contract with 3t Energy Group for a further three years, until 2023.
NEWS |
Exxon CEO reveals layoffs as low oil prices drive “tough decisions”
Exxon Mobil Corp. plans to lay off an unspecified number of employees as low oil prices force the company to delay major projects, Chief Executive Officer Darren Woods said in an email to staff.
NEWS |
Wood Mackenzie: how the energy sector is changing
Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition recently started, with experts sharing their views on how the energy sector is changing in light of the oil price crash, COVID- (...)
NEWS |
Wood to support Equinor’s operations at Mariner field in UKCS
Engineering services company Wood has secured a three-year contract to support Norwegian oil major Equinor’s operations at the Mariner field in the UK North Sea.
NEWS |
Westwood appoints Head of Energy Transition
Westwood Global Energy Group (Westwood), the specialist energy market research advisors and consultancy, has appointed David Linden to the newly-created role of Head of Energy Transition. The announce (...)
NEWS |
Wood secures $75m Mariner contract with Equinor
Wood has further strengthened its relationship with Equinor by securing a new contract to support the international energy company’s operations at the Mariner field in the UK Continental Shelf (UKCS).
NEWS |
Aberdeen engineering giant to help upgrade key gas plant in Norway
WOOD has won a $42 million (£32m) contract to work on a key Norwegian gas processing plant, which will provide a boost amid the challenges posed by the coronavirus crisis.
NEWS |
Contract award for Kollsnes MEG Upgrade project
On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade project at Kollsnes.
NEWS |
Blackwood Partners: What actions can employers take in light of 14 day quarantine for travellers? By Erica Kinmond, Head of Employment, Blackwood Partners LLP
Blackwood Partners: What actions can employers take in light of 14 day quarantine for travellers? - By Erica Kinmond, Head of Employment, Blackwood Partners LLP
NEWS |
Cairn Energy confirms sale of Senegal assets to Woodside
Cairn Energy on Monday confirmed that it had agreed to sell its entire stake in offshore oil blocks in Senegal to Woodside.
NEWS |
Airborne Oil & Gas makes maiden foray into Western Australia with TCP Jumpers for Woodside’s Julimar project
Appointed by Subsea 7 for the design, manufacture and delivery of two Thermoplastic Composite Pipe (TCP) Jumpers, Airborne Oil & Gas has made successful inroads into the Western Australia oil and gas (...)
NEWS |
Woodside pre-empts Cairn sale of Sangomar interest to Lukoil
Woodside has given notice exercising its right to pre-empt the sale by Capricorn Senegal Limited (Cairn) to LUKOIL Upstream Senegal BV (Lukoil) of Cairn’s entire participating interest in the Rufisque (...)
NEWS |
Wood Group profits more than halved amid Covid-19 crisis
Half-year profits at engineering firm Wood Group more than halved as it scrapped the dividend on the back of oil prices battered by the Covid-19 pandemic.
NEWS |
North Sea oil and gas firms urged to diversify
Oil services tycoon Sir Ian Wood has highlighted the potential for North Sea firms to support the transition to a lower carbon energy system but said they need to devote more resources to the effort.
NEWS |
Westwood: FPS contract awards to rebound to $13bn annually from 2021-24
Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy, has released research estimating FPS contract awards will rebound to $13bn annually from 2021-24, underp (...)
NEWS |
Lloyd’s Register selected as consultant for design of control rooms for Hywind Tampen
Specialist energy consultancy Lloyd’s Register (LR) has been awarded a contract for Human-Machine Interface (HMI) engineering services - part of an integrated scope awarded to Wood by Equinor to suppo (...)
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