Shares in Wood Group and its takeover target Amec Foster Wheeler (AFW) tanked yesterday after the Serious Fraud Office (SFO) formally launched a probe into alleged bribery and corruption.
Shareholders have approved Wood Group’s all-share takeover offer for Amec Foster Wheeler (AFW).
Amec Foster Wheeler today confirmed an alliance with Element Materials Technology, Tecnatom and TUV Rheinland to offer Equipment Qualification (EQ) and Materials Qualification (MQ) services for nuclear sites in the UK and Europe.
BP has picked Amec Foster Wheeler (AFW) for a revamp job on its Castellon refinery in Spain.
Amec Foster Wheeler (AFW) has clinched a deal to provide Saudi Aramco with engineering and management services for a major oilfield development.
Shares of UK-listed oil field services companies slumped dramatically yesterday over concerns linked to bribery, corruption and money laundering emerged.
About 1,300 global energy service jobs are under threat from the proposed merger of Wood Group and Amec Foster Wheeler (AFW), it emerged last night.
North Sea operations of Wood Group and Amec Foster Wheeler (AFW) are the most at risk of job cuts after a £2.2billion mega-merger of the firms, it emerged yesterday.
Wood Group has appointed a US-based executive to lead the integration of its £2.2billion mega-merger with Amec Foster Wheeler.
Amec Foster Wheeler (AFW) has warned of “another year of decline” in oil and gas activity in 2017 after the engineering and project management firm’s losses more than doubled.
Offshore trade unions intend to serve North Sea employers with strike ballot notices in the coming weeks with no sign of talks on the horizon, it is understood.
Wood Group declined to say last night how many jobs could go in its proposed £2.2billion takeover of Amec Foster Wheeler (AFW), despite the firms announcing a £40million jump in efficiency savings.
Job losses and office closures are inevitable but Wood Group will keep its headquarters in Aberdeen following a £2.2billion takeover of energy services rival Amec Foster Wheeler (AMF), it was announced yesterday.
Amec Foster Wheeler (AMF) shares surged nearly 12% higher following news of the takeover deal yesterday.
The Unite union focused, not surprisingly, on the inevitable job losses.
Amec Foster Wheeler (AFW) said today that it had clinched a contract to upgrade Shell’s installations in Brunei.
Amec Foster Wheeler has been awarded a contract by GNL Quintero to provide engineering services at its regasification terminal in Chile.
Seasoned North Sea catering boss Susan Elston has been appointed senior vice-president for Sodexo’s offshore and marine business in the UK and Ireland.
Amec Foster Wheeler (AFW) has clinched a deal to develop a uranium processing plant in western Spain, the energy service firm said today
Amec Foster Wheeler has struck a collaboration agreement with Tecnatom under which the two firms will work together to create an enhance offering for customers in the nuclear industry.
Amec Foster Wheeler has won a contract from Enefit Energy in Estonia for the delivery of a boiler technology upgrade project.
Amec Foster Wheeler said it has secured a framework agreement to provide engineering consultancy services to EDF Energy's Coal, Gas and Renewables (CGR) division.
Amec Foster Wheeler has made changing to its business with four market-based lines including oil and gas, power, mining and environment and infrastructure.
Amec Foster Wheeler has won a refinery deal in Singapore.
Amec Foster Wheeler has landed a deal with INPEX for Australia's largest discovery of hydrocarbon in the past 40 years.