Industry leader Sir Ian Wood yesterday opened the new Wood Group office named in his honour in Aberdeen.
Wood Group could make further job losses on Shell’s Brent Delta and changes to pay for some of its staff, according to recent document.
Wood Group has landed a $150million North Sea contract extension with Nexen.
The head of a major construction firm will try his hand in the energy sector after agreeing to join the board of Wood Group. Richard Howson, who has been chief executive of Carillion since 2012, will take on the role of non-executive director at Wood Group starting May 12. Mr Howson will also take up a place on the Wood Group board’s committees for nomination and safety, assurance and business ethics, the Aberdeen-headquartered oil service firm said yesterday.
Wildlife lover and businessman Ian Marchant will swing his way Tarzan-like into the president’s chair at the Royal Zoological Society of Scotland next month. The zoological society, which owns Edinburgh Zoo and the Highland Wildlife Park near Aviemore, said Mr Marchant was a longstanding member and strong supporter of conservation. The new role is in addition to the posts Mr Marchant holds at several businesses and charities.
Wood Group (WG) has made a further acquisition this month after snapping up Ingenious.
Former Wood Group chief executive Bob Keiller was given a £500,000 “golden parachute” when he decided to leave the company last year.
Wood Group has completed the takeover Australia-based SVT Engineering Consultants.
Wood Group has landed a two-year North Sea deal with Taqa.
A 60MW wind farm has been commissioned in Utah this week with technical support from Scottish renewable energy consultancy, SgurrEnergy.
A nine-year Wood Group veteran confirmed his plans to leave the board and his role as the chair of the firm’s Remuneration Committee today.
Ineos boss Jim Ratcliffe is the UK's richest energy services mogul on the Forbes 2016 billionaires list with his $5.5billion fortune.
Wood Group has landed a $120million contract with Babcock International.
Wood Group has honoured its founder by naming its new office at the south of the city after him.
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 has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system offshore Western 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.
Wood Group is diversifying its business and entering a new market in the latest sign that times are changing in the North Sea oil and gas industry.
Wood Group has secured a new five-year framework agreement with petrochemical firm Valero Energy for its onshore refinery in Wales.
Wood Group today confirmed it had secured a contract extension with Chevron Upstream Europe for four North Sea assets.
Wood Group (WG) has struck a collaborative agreement with Magma products to extend its existing commissioning service.
Wood Group today confirmed it had replaced a dozen Aberdeen external accounts posts with Indian staff.
Wood Group landed a contract with PetroRio for its Polvo A platform in the southern Campos basin.
Robin Watson will officially assume the chief executive role for Wood Group tomorrow.