Signs of markets stabilising despite ongoing pandemic, Wood bosses say
Engineering and consultancy giant Wood said today that its revenues fell by more than a fifth in 2020 due to challenging trading conditions.
Wood
Wood secures major contract for ethylene expansion in China
Engineering and consulting giant Wood has clinched a deal worth more than $120 million for a refinery project in south China.
Unions and employers agree extension to ‘nail down’ new deal for North Sea workers
Employers and unions have given themselves extra time to conclude a new collective bargaining agreement for thousands of North Sea workers.
Asco changes hands and brings in Bob Keiller as chairman
International offshore logistics firm Asco Group, of Aberdeen, is starting Christmas week under new ownership.
North Sea industry celebrates achievements at OGUK Awards 2020
The achievements of the UK oil and gas industry’s leading lights were celebrated in a virtual awards ceremony last night.
Cases of efficient asset management at AUTOMA 2021
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
Bilfinger Salamis boss says ‘never say never’ to new North Sea contractor deal
The head of Bilfinger Salamis UK has said “never say never” to the potential for the firm's return to a collective deal for North Sea contractors.
North Sea pipeline firm forced into liquidation after court battle with Kellas
A North Sea pipeline firm has been forced into liquidation after losing a court battle with Aberdeen-based Kellas Midstream.
Chinese investors pledge further £300m to Peterhead green energy ‘village’
Chinese investors are willing to put a further £300 million towards the construction of a “visionary” renewable energy “village” near Peterhead, it has been claimed.
Executive conversation with AspenTech and Wood: Optimising operations in any market condition
Please join Antonio Pietri, President and CEO of Aspen Technology, and Darren Martin, Chief Technology Officer, Wood, for our upcoming Virtual Executive Conversation on December 3, 2020.
ETIDEX: Time to start delivering low carbon projects at pace, industry chiefs say at EV event
Industry chiefs today urged governments to start delivering their net-zero objectives at pace and provide the investment frameworks needed to kick-start projects.
OGUK, Shell, Wood & Unite react to Boris Johnson’s ‘green industrial revolution’ plans
Westminster’s multi-billion pound plan for a “green industrial revolution” has been touted as a “welcome signal” of what the UK’s path to net zero may look like.
Finalists announced for the 2020 EIC Awards
The finalists for the 2020 EIC Awards have been announced, with 39 companies competing for 11 categories at the prestigious energy supply chain awards ceremony, taking place on Thursday 3rd December.
Wood completes £51m sale of Canadian turbines business
Energy service giant Wood has completed the sale of its stake in TransCanada Turbines to joint venture partner TC Energy for £51 million.
Anticipation builds ahead of EV’s ETIDEX event next week
Leading voices from the world of industry will get to grips with the energy transition’s biggest questions at a free online event in one week’s time.
‘Historic’: Union boss hails progress on ground breaking North Sea deal
A trade union boss has hailed the progress made by the oil and gas industry in its quest to create a new collective deal covering thousands of North Sea workers.
Plans to link pay with oil prices in new deal for North Sea workers
A new deal covering thousands of North Sea workers could include a “rate adjustment mechanism” linking pay with oil and gas prices, a key figure behind the talks said.
Shell, Total and Wood among finalists for 2020 OGUK Awards
Trade body Oil and Gas UK has announced the shortlist for this year’s instalment of its prestigious OGUK Awards.
Baker Hughes cuts headcount by 15% in latest hit for the industry
Baker Hughes has shed thousands of jobs in response to the downturn, cutting headcount by 15% so far this year.
Work on new collective deal for North Sea workers ‘moving forward’
Efforts to create a new collective agreement for North Sea workers are understood to be “proceeding”.
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.
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.