Wood Group PSN has been ordered to pay out $9.5million for false reporting of safety inspections and clean water act violations that led to an explosion in the Gulf of Mexico.
Wood Group PSN
Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited's (EESL) Aberdeen based fabrication and manufacturing business, following an announcement last month that EESL had appointed administrators.
Oil services firm Wood Group is to consult with around 1,000 UK onshore staff as it seeks to reduce its headcount by 300.
Moves to restructure infrastructure ownership in the North Sea were in the spotlight at an Oil and Gas UK (OGUK) business breakfast in Aberdeen.
Wood Group has secured a new three year contract with Shell, to deliver industrial services to the St Fergus gas processing plant in Aberdeenshire and the Mossmorran gas processing plant and Braefoot Bay marine terminal in Fife, Scotland.
Wood Group PSN staff got on their bikes to raise thousands of dollars for indigenous communities in Australia.
Unite, the UK's biggest offshore trade union, warned the Wood Group's contractor rate cuts will deepen a “race to the bottom” on North Sea employment standards.
Mozambique's potential to become one of the largest gas producers in the world can provide Aberdeen supply chain companies with new opportunities to export their North Sea expertise, according to industry experts.
Wood Group is eyeing further opportunities in war-torn Iraq after securing a $90 million project management job in the country.
Wood Group PSN has won a new contract worth around $90 million to deliver services to one of the world's leading blue-chip international oil companies in Iraq.
Wood Group PSN (WGPSN) is in consultation with its staff over a move to three on, three off rotation on Shell assets in the North Sea. The company said it was working with employees who would be affected by the changes as well as the oil major and unions. Earlier this year Shell revealed it would be moving to a three on, three off shift pattern in January next year.
An Aberdeen-based not-for-profit organisation held an event to inspire the next generation of engineers.
One of the top positions at an Aberdeen-based oil and gas company has been filled by a worker with around 40 years experience in the industry. Dave Stewart has landed the role of chief executive officer at Wood Group PSN and will begin in the role in April 2015.