Wood (LON: WOOD) has forecast a drop in earnings and revenues for its 2022 results, down from the previous two years.
The decommissioning boss at Wood said she “rarely” sees local content requirements for UK projects, despite an impending industry target on the issue.
Wood (LON: WG) has been picked to carry out project management work on the UK’s biggest - and recently reopened - gas storage site.
Aberdeen-headquartered Wood (LON: WG) has settled a legacy lawsuit against one of its subsidiaries in a $115m payout.
Wood (LON:WG) has secured an award for front-end engineering design (FEED) for a new green hydrogen production facility in Mosjøen in northern Norway.
The Middle East’s investments in energy will see the region come to lead in the energy transition, Wood CEO Ken Gilmartin has said.
Aberdeen-headquartered Wood (LON: WG) has completed the sale of its built environment consulting business to WSP Global.
North Sea oil and gas workers could be poised to stage a second series of wildcat strikes in less than a year.
Aberdeen-headquartered Wood has hailed its $230 million business on the other side of the North Sea.
Aberdeen-headquartered energy services giant Wood (LON: WG) has landed a design deal on the 100 million-barrel Halten East development.
The new boss at Aberdeen-headquartered energy services giant Wood (LON: WG) has said cash generation is a "top priority" after it plunged by nearly a third.
Aberdeen-headquartered Wood (LON:WG) has secured a contract from Ineos worth in excess of $100 million (£83m) to build “Europe’s most innovative” olefins complex in Belgium.
Wood (LON: WG) has been awarded the principal design and pre-FEED scope for Salamander, the 100MW floating windfarm to be built off Peterhead.
Last month, when the much anticipated announcement was made of winners and losers under the Contracts for Difference scheme, it seemed the 20 year struggle for the Western Isles to be connected for generation purposes to the National Grid had finally prevailed.
Wood (LON: WG) has promoted rising star Craig Shanaghey to its top leadership team as executive president of its operations business.
Wood has reported a strong half-year performance in 2022 in the wake of the sale of its built environment business.
The Australian Government has awarded Wood the role of Owner’s Team, which will see it assume responsibility for the first phase of decommissioning at the Northern Endeavour vessel.
Irish businessman Ken Gilmartin flew into Aberdeen to start house-hunting this week after being unveiled as the next CEO of Wood (LON: WG).
Wood plc (LON: WG) has appointed a new CEO to replace the outgoing Robin Watson.
Engineering giant Wood (LON: WG) has announced the appointment of a new executive president of its consulting business.
Wood has signed a global master services deal with US oil giant Chevron.
Well known oil and gas industry veteran Dave Stewart was enjoying a holiday in Portugal when he received a call to tell him he had been awarded an MBE.
Aberdeen-headquartered energy services giant Wood has signed a deal to sell its 7,000-employee built environment business to WSP Global.