Oil and gas chiefs recognised in Queen’s Birthday Honours
Two oil and gas chiefs have been recognised for their contributions to industry in the Queen’s Birthday 2020 Honours List.
Two oil and gas chiefs have been recognised for their contributions to industry in the Queen’s Birthday 2020 Honours List.
The boss of Wood expects more “turbulence” ahead for markets served by the global engineering and consultancy.
Aberdeen-headquartered energy services firm Wood has announced multi-million pound cost savings and an increased renewable energy contracts since the start of 2020.
Aberdeen-headquartered energy services firm Wood has announced targets to reduce its direct and indirect emissions by 40% by 2030.
Aberdeen-headquartered energy services firm Wood has said “employee reductions are being made” in order to tackle the effect of the coronavirus outbreak.
Wood chief executive Robin Watson was in bullish mood about future prospects for the global engineering and consultancy company after a sharp increase in profits.
Aberdeen-headquartered energy services firm Wood has reported a profit jump in its full year results for 2019.
Shares in Aberdeen-headquartered energy services firm Wood climbed this morning as at predicted a surge in its annual earnings.
Aberdeen-headquartered energy services firm Wood has appointed a new chief executive for its Americas business.
Aberdeen-headquartered energy services firm Wood has announced it is expecting "significant growth" thanks to increased work in the eastern hemisphere and North America.
Wood chief executive Robin Watson said yesterday the Aberdeen-based energy service giant was successfully “broadening” its business and becoming less reliant on offshore oil and gas projects.
Energy services firm Wood has decided to cancel a decision to boost CEO Robin Watson’s bonus pay scheme.
Aberdeen-headquartered energy services giant Wood saw its total revenues climb to £8.3billion in 2018 amid a “significant year of progress” for the firm.
Wood chief executive Robin Watson said yesterday the group still had a key role to play at the heart of a recovering north-east economy, despite it making only 5% of its revenue in the UK North Sea.
The boss of one of Scotland’s biggest companies delivered the 2018 Scottish Council for Development and Industry (SCDI) annual lecture just a few miles from the firm’s home city last night.
Wood Group has today completed its £2.2billion takeover of Amec Foster Wheeler.
Wood Group has today completed its £2.2billion takeover of Amec Foster Wheeler.
Wood Group chief executive Robin Watson has said there are “credible buyers” ready to pounce on the UK North Sea business earmarked for sale as part of the firm’s £2.2billion takeover of Amec Foster Wheeler (AFW).
About 1,300 global energy service jobs are under threat from the proposed merger of Wood Group and Amec Foster Wheeler (AFW), it emerged last night.
North Sea operations of Wood Group and Amec Foster Wheeler (AFW) are the most at risk of job cuts after a £2.2billion mega-merger of the firms, it emerged yesterday.
Wood Group declined to say last night how many jobs could go in its proposed £2.2billion takeover of Amec Foster Wheeler (AFW), despite the firms announcing a £40million jump in efficiency savings.
Job losses and office closures are inevitable but Wood Group will keep its headquarters in Aberdeen following a £2.2billion takeover of energy services rival Amec Foster Wheeler (AMF), it was announced yesterday.
Wood Group boss Robin Watson has insisted the energy service giant was “a strong and balanced business” despite a 71% slump in profits.
Wood Group, the Aberdeen-based oilfield services firm, has reported earnings of $470million in 2015, down from $550 in 2014, saying its performance demonstrated resilience and flexibility in challenging markets.
Wood Group landed a contract with PetroRio for its Polvo A platform in the southern Campos basin.