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Wood Group

Oil & Gas

Exclusive: Wood Group brings Altablue business back in-house

A company set up by Wood Group last year to perform personnel services to external businesses will now be brought in-house once again. Wood Group said the move to reel in its Altablue recruitment and payroll business was to reflect the “changing need” for resourcing service provisions in the current climate. The 100% owned Wood Group firm was set up in June last year and registered in Jersey.

Oil & Gas

WGPSN wins $31million contract on Powder River basin in US

Wood Group has won a $31million contract from Carbon Creek on their coalbed methane asset in the Powder River basin in the US. The deal will see Wood Group PSN (wgpsn) deliver operations management services to the field in Wyoming which consists of 7,000 drilled wells and up to 12,000 drillable locations. The region, which is the largest of its kind in the region, produces 385 million cubic feet of gas per day.

Oil & Gas

Job consultation launched at Sullom Voe Terminal

Talks are being held with Wood Group and Bilfinger Industrial Services staff working at the Sullom Voe Terminal in Shetland over the future of up to more than 200 positions. Wood Group is in discussions regarding around 90 positions at the BP-operated terminal following a review of its personnel requirements brought on by changes being made to work on the site. Meanwhile Bilfinger Industrial Services said it had also initiated consultation due to changes in seasonal workloads and winter working conditions.

People

Wood Group Intech strengthens team

Wood Group Intech (WGI) has strengthened its team with a new global business development manager. Colin Underwood will be responsible for leveraging and building the global capability of the company working with the firm's regional representatives. Underwood brings with him more than 30 years of industry experience, working across a broad range of disciplines and in a variety of geographical and cultural settings.

Oil & Gas

Wood Group completes work on Eagle Ford modification

Wood Group has provided engineering, procurement and other services to Flint Hills Resources for its Eagle Ford modification at its West refinery in Texas. The project will enable the refinery to process 100% US crude – primarily from the Eagle Ford region – into transportation fuels. The work was successfully completed by Wood Group Mustang (WGM) who completed the conceptual and front-end engineering design phases of the project.

Opinion

Bob Keiller: Right Now – Continue to Exceed Your Customers’ Expectations

Bob Keiller sends a message on Core Values to Wood Group employees every week. The note below is taken from a message he sent to employees a few weeks ago. Remember the '80s US rock band Van Halen? Ever heard of a clause buried deep in their lengthy touring contract? It stated something like “there should be no brown M&Ms backstage…if found, the band has the right to cancel the concert at full pay without warning.”

Oil & Gas

Wood Group: “Every dollar needed but not one dollar more”

Wood Group chief executive Bob Keiller said it would spend “every dollar needed but not one dollar more” to get the job done. The company leader was briefing investors about the firm’s financial results when he made the commitment today. Wood Group recorded a 20% drop in revenue. Since the oil price slip, the firm has been forced to make 5,000 redundancies, including 1,000 in the UK, 3,000 in the US and 1,000 in the Middle East.

Oil & Gas

Wood Group wins Talisman Energy subsea contract

Wood Group has won a front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam. The work will be carried out by Wood Group Kenny (WGK) who will also complete comprehensive flow assurance studies. WGK’s Kuala Lumpur office will conduct the work on the subsea FEED and will be supported by other offices in Asia Pacific.

Opinion

Bob Keiller: The B Side of the playlist on career advice

I’ve received many questions following recent articles on how to manage during difficult times. Readers are asking what specific things they could do, or I have done, or we are planning to turn the generic advice into practical measures. Well, I suppose it all depends. My business situation will be different from everyone else’s, so my decisions may or may not be relevant to others, but I am happy to share some of the tactical options we took to make our business less vulnerable during the current downturn in our industry.