RSE recognises Sir Ian’s outstanding contributions
North-east entrepreneur Sir Ian Wood has gained further recognition for an outstanding contribution to business and commerce in Scotland.
energy service giant
Wood unit signs new North Sea deal with CNR
Wood Group PSN has signed a three-year contract extension with operator CNR International in the North Sea, securing nearly 500 jobs.
Colombia contract for Wood Group
Aberdeen energy service giant Wood Group has won an £11.5million contract with Chevron in Colombia.
Wood Group buoyed by profits leap
Wood Group enjoyed a jump in profits in 2012, thanks to increased spending from oil and gas operators worldwide.
Wood win to add 100 jobs
Aberdeen energy service giant Wood Group said yesterday it would create 100 jobs after signing a £31.3million deal with Nexen.
Golden Eagle award for ODL
Aberdeen-based energy service giant Wood Group said yesterday one of its subsidiaries had won a £500,000 deal with a North Sea operator.
Sir Ian gifts shares to family trust
The retired chairman of Aberdeen-based Wood Group has gifted a large part of his shareholding in the energy service firm to the Wood Family Trust.
Taking the helm at Wood Group
The new boss of energy service giant Wood Group said yesterday he was excited but nervous to lead the business which employs 43,000 people in more than 50 countries.
Wood adding shale expert
Wood Group said yesterday it had acquired US firm Mitchell's Oil Field Services for an initial £83million, extending its reach into North America's booming shale industry.
£15m turbine boost
Bosses at a division of Aberdeen-based energy service giant Wood Group are celebrating a £15million contract to design and build a 75-megawatt gas turbine near Houston in America.
Wood Group investors reap rewards of growth
Aberdeen's Wood Group delivered a large jump in profits and news of another big annual dividend for shareholders in its first half results.
Petrofac wins Iraq contract worth £63m
Petrofac said yesterday it had won its first offshore operations deal in Iraq.
Pledge to take fresh look at bosses’ pay
Wood Group has pledged to take a fresh look at its remuneration policy amid growing unrest among shareholders at other UK firms over bosses' pay and bonuses.
All change at Wood Group
Last year saw the biggest changes at Aberdeen energy service giant Wood Group in its 40-year-plus history.
Judge rules against major
A US federal judge said yesterday that energy service giant Halliburton was not liable for some pollution claims from the Deepwater Horizon disaster in 2010.
Wood Group launches Angolan JV with BP contract
Aberdeen energy service giant Wood Group announced its first contract for a new joint-venture in Angola today.
Baker posts 41% leap in revenue
GLOBAL energy service giant Baker Hughes posted a jump in second-quarter revenue yesterday.
Strict North Sea safety standards celebrated
Strict adherence to health and safety standards in the UK North Sea was celebrated at an industry award ceremony in the north-east yesterday.
Brinker appoints ex-Halliburton manager
ABERDEEN-BASED oil and gas service company Brinker Technology has announced the appointment of Kenny McAllister as vice-president of sales and operations.
GE snapping up Wood Group unit in deal worth £1.8bn
Aberdeen energy service giant Wood Group is selling its well-support division to the oil and gas arm of American conglomerate General Electric (GE) for about £1.8billion.
AVS hails significant ‘valve-healthcare’ win
A FAST-GROWING Aberdeen valve company has been awarded what it says is a highly significant "valve-healthcare" contract by Wood Group.
All-Energy organiser hails another record-breaking show
This year's All-Energy show in Aberdeen has been another record breaker.
Worst of recession behind, says oil service chief
The boss of energy service giant Schlumberger said yesterday that provided the global economy continued to show signs of recovery, the worst of the recession was behind.
Baker Hughes snaps up north-east consultant for £17m
International offshore energy service firm Helix Energy Solutions (HES) has sold its north-east subsidiary for less than it spent on acquiring it a few years ago.
Oilfield service giant’s profits tumble
INTERNATIONAL energy service giant Schlumberger said yesterday it would emerge from the economic downturn a stronger company, better positioned to participate in the anticipated upturn.