North Sea big hitters rally behind new deal for offshore contractors
More than 20 North Sea oil industry big hitters are rallying behind a new collective deal for workers ahead of a critical deadline this week.
Wood
Renewables group is powering ahead
Aberdeen Renewable Energy Group (Areg) has grown its membership over the past 12 months, with sign-ups coming from leading companies within the renewables sector, renowned industry bodies and energy companies who are placing an increased focus on clean energy.
Shift to renewables could be a painful transition for offshore supply chain
Potential pitfalls await those unprepared for the push towards diversification from conventional energy writes Gregory Brown, Maritime Strategies International.
Wood wins £58million Mariner contract with Equinor, supporting 100 jobs
Wood has secured a $75million (£58.2m) contract with Equinor for its Mariner field, supporting around 100 jobs.
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.
Wood extends principal bank debt facility
Energy service giant Wood, of Aberdeen, has extended its revolving credit facility to May 2023.
Forties at 50: Golden age of the oil boom in the north-east
Stewart Milne vividly remembers the impact which the discovery of the Forties Field in the North Sea had on the region when he and his generation grew up.
Firing the starting pistol on countdown to COP26
World leaders were due to convene in Glasgow for the UN Climate Conference (COP26) in November for what was anticipated to be a transformational moment in the energy transition.
Diversifying out of oil and gas ‘absolutely what companies should be doing’ says Sir Ian Wood
Sir Ian Wood has said diversifying into areas out of oil and gas is “absolutely what companies should be doing”.
Aker Solutions, Wood clinch contracts as Equinor sanctions major subsea development
Equinor and partners have made a final investment decision to develop the 200-million-barrel Breidablikk field in the Norwegian North Sea.
US tech entrepreneur urges industry leaders to ‘drive not delegate the digital transformation’
Silicon Valley businessman Tom Siebel urged business leaders to “drive not delegate the digital transformation”, in his keynote address to delegates at ENGenious Online.
Wood partners with SGN to create ‘decarbonisation roadmap’ in Scotland
Wood, of Aberdeen, is teaming up with gas distribution network company SGN to create a "decarbonisation roadmap" for the north-east and east coast of Scotland.
Proposed North Sea deal would ‘level playing field’ again, chiefs say
A proposed new North Sea collective bargaining agreement will level the playing field for service companies and give workers more protection during turbulent times, industry chiefs said.
Wood bags £32.5m contract for Norway gas plant upgrade
Energy service firm Wood, of Aberdeen, has clinched a £32.5 million deal to upgrade the Kollsnes gas processing plant in Norway
BP, Wood, Subsea 7 among new additions to gender diversity coalition
Energy firms BP, Wood and Subsea 7 are among six new companies joining a coalition to improve gender diversity and inclusion across the industry.
NECCUS in funding bid to help deliver net zero roadmap for Scotland
A Scottish energy transition group has applied for funding in an effort to push on with plans to decarbonise swathes of industry north of the border.
Wood boss calls for action to remove ‘peaks and troughs’ of oil and gas supply chain
One of the top bosses at energy giant Wood has called on the oil and gas industry to help remove the “peaks and troughs” experienced by the beleaguered supply chain.
BGS Online: Revolutionary approach in the event industry
Extraordinary times call for extraordinary solutions. In response to the travel constraints in Europe, BGS Group, the organizer of PRC Europe 2020, has announced the launch of a new virtual platform - BGS online.
Wood CEO predicts ‘turbulence’ ahead for key markets
The boss of Wood expects more “turbulence” ahead for markets served by the global engineering and consultancy.
Updated: Wood headcount down by 10,000 since start of year, stays in the black
Energy service firm Wood has reduced its headcount by around 10,000 since the start of 2020 due to divestments and its response to the Covid-19 pandemic and lower oil prices.
Ithaca Energy in ‘offshore first’ as platform goes 100% green
Ithaca Energy has celebrated an “offshore first” as one of its North Sea platforms has become 100% powered by renewable energy.
Wood completes work on SGN demo project to deliver hydrogen to Scottish homes
Aberdeen-headquartered energy services firm Wood has completed preliminary engineering design services work for gas distribution operator SGN at its Machrihanish site, on the west coast of Scotland.
OGUK and AREG agree terms for ‘closer relationship’ on North Sea energy transition
Oil and Gas UK (OGUK) and the Aberdeen Renewables Energy Group (AREG) have agreed terms to form a “closer relationship” on the North Sea energy transition.
Employers and unions vow to find alternative to key North Sea agreement
Offshore contracting firms and unions have committed to hammering out a “framework” to replace a key UK North Sea collective bargaining agreement.
Petrofac to replace ‘out of date’ climate targets
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.