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NEWS |
Wood to oversee first decom phase of Timor Sea FPSO
UK oilfield services provider Wood Plc has been contracted by the Australian government to supervise the first decommissioning phase of a floating production, storage and offtake (FPSO) vessel located (...)
NEWS |
Aberdeen-based Wood to work on hydrogen plant in Chile
Oil services heavyweight Wood has won a contract to help design a major hydrogen production facility in South America as it prepares to publish delayed annual results.
NEWS |
Wood boss to retire from the role after seven years
UK oilfield services provider Wood Plc has revealed that its Chief Executive Officer (CEO), Robin Watson, is retiring from the role after seven years. The company is now beginning the process to appoi (...)
NEWS |
Wood hired to support Senegal’s first offshore oil development
UK oilfield services provider Wood has been awarded a contract by Woodside Energy for the Sangomar FPSO development, located offshore Senegal.
NEWS |
Wood secures UK government-backed loan linked to energy transition
Wood today announces it has agreed a $600m (£430m) loan with UK Export Finance, the export credit agency of the UK government, that will enable the company to capitalise on opportunities emerging as (...)
NEWS |
Half year results for the six months ended 30 June 2021
Wood, the global consulting and engineering company, announces its results for the six months ended 30 June 2021...
NEWS |
Aberdeen engineering giant targets decommissioning market
North Sea oil services heavyweight Wood has underlined its interest in the decommissioning market in the area as growing numbers of fields reach the ends of their lives.
NEWS |
Wood extends partnership on Hibernia in Eastern Canada
Wood will build upon its long-standing partnership with Hibernia Management and Development Company Ltd. (HMDC) following the renewal of a major contract to provide engineering, procurement, and const (...)
NEWS |
Wood turns a loss as COVID-19 hits global EPC market
Wood swung into a pretax loss in 2020 as the Coronavirus (COVID-19) pandemic hit the global engineering and consultancy market and oil prices were volatile.
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 |
Wood secures partnership agreement with Sasol South Africa
Wood, the global engineering and consultancy company, has been appointed as an engineering partner in a five-year partnership framework agreement with Sasol South Africa (Pty) Ltd (Sasol). The agreeme (...)
NEWS |
Wood grows US renewables business with onshore wind contracts worth $100m
Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United States worth a combined $100m.
NEWS |
Pinsent Masons advises John Wood Group PLC on sale of industrial services business to KAEFER
International professional services firm Pinsent Masons has advised Aberdeen-based John Wood Group PLC on the sale of its industrial services business to KAEFER, a technical services provider, for $1 (...)
NEWS |
Wood provides commissioning technology to Apache
Wood has been awarded a contract with Apache to provide commissioning services to the Beryl Alpha, Beryl Bravo, and Forties Alpha, Bravo, Charlie and Delta platforms located in the North Sea.
NEWS |
Wood cuts debt with $305 million nuclear unit sale
British oilfield services provider Wood Plc said on Tuesday it would sell its nuclear energy business for about $305 million to Jacob Engineering, acting to reduce its debt burden as it reported a 2.6 (...)
NEWS |
Wood rated top oil services sector pick by City expert after diversification drive
WOOD has been rated a top oil services sector pick by a City analyst who noted the Scots engineering giant has relatively limited exposure to the upstream exploration and production business.
NEWS |
Wood awarded two Norwegian FEED contracts
Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway. The contracts continue Wood’s track record of delivering engineering and technical services to Equinor – (...)
NEWS |
Wood group reaps benefits from Amec Foster deal
Wood Plc’s 2018 profit topped market expectations as the British oilfield and engineering services provider trumpeted the success of its 2017 takeover of smaller rival Amec Foster Wheeler and increase (...)