Wood shares climb on prediction of increase to annual earnings
Shares in Aberdeen-headquartered energy services firm Wood climbed this morning as at predicted a surge in its annual earnings.
energy services
SSE clears way for renewables with completion of £500m deal with Ovo Energy
UK energy giant SSE has confirmed it will complete the £500 million sale of its energy services arm to Ovo Energy today, clearing the way for the firm to focus on its renewable energy portfolio.
Fluor posts £574 million loss in third quarter amid company overhaul
Dallas engineering, procurement and engineering company Fluor posted a nearly three-quarter billion dollar loss during the third quarter amid a company-wide overhaul.
Aker Solutions warns of earnings and revenue drop in 2020
Aker Solutions has warned that revenue and earnings are expected to dip next year as it fights for work in a “very competitive market”.
Impairments cut Halliburton’s pre-tax earnings in half
Pre-tax earnings at Halliburton were nearly halved in the first nine months of 2019 amid asset impairments and write-downs of its Venezuelan investments.
New boss to oversee EnerMech bid to double turnover in Americas
Aberdeen-headquartered EnerMech has appointed a new Americas chief as it seeks to double headcount and turnover in the region.
Wood appoints new CEO for Americas business
Aberdeen-headquartered energy services firm Wood has appointed a new chief executive for its Americas business.
Duguid exits the hotseat at EnerMech
EnerMech chief executive Doug Duguid is giving up the hotseat at the company he helped found more than a decade ago.
Hunting blames downturn for “weak” start to 2016
Energy services group Hunting has admitted to a "weak" start to 2016 with its first quarter revenue half what it was for the same period in 2015.
Mexico project work for Petrofac
Energy service firm Petrofac said yesterday it and Schlumberger had been declared "selected bidder" for work on a major project in Mexico.
Baker Hughes hires Howard
Darrell C. Howard has joined energy services major Baker Hughes as president of the US group's integrated operations organisation.
Taking control of his own destiny
WTR's Willie Rennie is local to the north-east of Scotland, went to Aberdeen Business School and has logged more than 21 years in the oil & gas industry.