Wood extends lender engagement amid takeover attempt, investigation
Wood is in a holding position as trading in shares are suspended amid its takeover bid from Sidara.
Wood
Wood Sidara extend takeover bid deadline for fifth time
Negotiations will go on until 28 July - when they will either conclude, or get extended again.
Financial Conduct Authority investigates Wood
The UK finance regulator will investigate the Aberdeen services giant.
Power Moves: Wood’s new senior vice-president and more
New appointments at Wood, Iberdrola and COWI - find out who made the biggest Power Moves this week.
Wood chairman addresses ‘very painful period’ for Aberdeen firm’s shareholders
The firm's annual general meeting in Aberdeen also saw updates over a potential takeover deal and delayed annual accounts.
Wood wins Brunei engineering deal from Shell
The five-year contract covers Brunei Shell Petroleum's onshore and offshore assets.
Wood Sidara takeover bid: How did we get here?
The end of the saga hasn't been decided yet, but how did it start?
Wood and Sidara bargain buyout talks extended again
The deadline to land a deal has been extended a number of times since the £240 million bid was tabled in April.
Wood, Petrofac score $4bn Rich gas work in UAE
Wood and Petrofac have won major contracts on Adnoc Gas’ new Rich gas development project in the United Arab Emirates.
Energy transition needs ‘believers’ like Aberdeen at Hampden
Investment in skills and the energy transition workforce emerged as a key talking point at the Energy Exports Conference.
Aberdeen’s Wood wins deal to reduce gas flaring in Iraq
Wood will add 60 new employees to its teams in Iraq and the UAE to support the delivery of these projects.
Wood receives contract for UAE methanol plant
Once finished, the plant will be one of the largest methanol plants in the world.
Wood brings in £1.4bn Asia Pacific contract haul
Aberdeen-based Wood has secured A$3 billion (£1.4bn) of contract awards across Asia Pacific in the past 12 months, making for a record-breaking year for the company in the region.
Could a Sidara takeover help crisis-hit Aberdeen firm Wood become engineering giant again?
Seven years ago, the Aberdeen-headquartered firm was worth more than £5 billion.
Power Moves: Wood’s new vice-president and more
Steph Crawford has been appointed as vice-president of marketing, communications and operations at Aberdeen’s Wood.
Wood extends Sidara takeover again
Aberdeen-based engineering firm Wood has extended the Sidara takeover deadline as its acquisition saga continues.
Troubled firm Wood says new North Sea contracts will support 500 Aberdeen jobs
The engineering group, which has seen its shares suspended, is also the subject of a takeover offer.
Wood misses annual results deadline, shares suspended
Aberdeen-headquartered oilfield services firm Wood is facing a temporary suspension from the London stock market after missing a deadline to publish its 2024 financial results.
Wood receives FEED contract for Belgian green plastics plant
Aberdeen-based Wood has received a multi-million dollar FEED contract from Belgian group Vioneo to deliver the design for a plant to create fossil-free plastics from green methanol.
Wood sells US construction company as part of divestment programme
Aberdeen-based Wood Group has agreed to sell its US civil construction services business Kelchner Inc to Strength Capital Partners (SCP), a private equity group.
Wood secures $11m Iraq contract from TotalEnergies
Aberdeen's Wood Group has secured two engineering and procurement contracts worth $11 million (£8.3m) from a TotalEnergies subsidiary relating to an Iraq gas project.
EVOL: Courting wood, grid zombies and Easter wake loss
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Former Wood Group director slams ‘screw up’ of perfectly good business
Downfall is result of 'very poor judgement' at the highest levels, according to former head of Wood group's engineering division, Mike Straughen.
Wood bargain Sidara sale process extended
A £240 million bid to buy Aberdeen's Wood Group has been extended as a deadline was due to be reached Thursday.
Aberdeen’s Wood ready to recommend non-binding takeover offer from Sidara to shareholders
Aberdeen-headquartered Wood has confirmed it has received a non-binding takeover bid from Dubai-based rival Sidara.