Wood (LON:WG) has announced a shock review of its books following write-offs of large scale contracts prompting another share price collapse for the beleaguered energy services group.
Aberdeen's Wood (LON:WG) has won a contract with Saudi Arabia's giant Aramco (SA:2222) to help the Gulf state increase natural gas production.
Ken Gilmartin said Wood is "made up of some of the most brilliant, fantastic, creative, dedicated people on the planet".
Aberdeen's Wood Group (LON:WG) has revealed the hill it must climb as to turn around the business as it revealed total half year losses reaching nearly $1billion (£757m).
Wood's share prices have dropped by almost 40% since Sidara announced it was stepping away from its takeover bid.
Following Wood’s (LON: WG) latest trading update, shareholders will need evidence of improvement before another takeover bid is rejected, said RBC Brewin Dolphin.
Aberdeen-based engineering firm Wood has secured a contract with Shell for work on the Prelude floating liquified natural gas (FLNG) facility in Western Australia.
Aberdeen-headquartered engineering firm Wood (LON:WG) has extended a deadline for Dubai-based competitor Sidara to make a firm takeover offer to the end of July.
Aberdeen-headquartered engineering firm Wood (LON:WG) is nearing its deadline to accept or reject a takeover offer from Dubai-based competitor Sidara.
Wood Group (LON: WG) has requested a deadline extension in order to consider a "final offer" bid from its Dubai-based suitor, Sidara.
Aberdeen-headquartered engineering services firm Wood Group (LON:WG) has rejected a third improved takeover bid from Dubai-based Sidara.
Aberdeen company Wood (WG.L) has rejected a second, improved takeover bid, worth nearly £1.5 billion from a Middle East suitor.
Sidara will have to top Apollo's bid to get the board interested, given the improved position of the business over the last year.
Aberdeen-headquartered engineering services company Wood Group (LON: WG) has once again found itself a takeover target after rejecting a bid from Lebanese engineering firm Sidara.
Wood Group (LON:WG) chief executive officer Ken Gilmartin hosed down media reports of potential job cuts as the firm seeks to continue its growth strategy.
Aberdeen-headquartered engineering firm Wood Group (LON:WG) has announced a cost cutting drive as the company seeks to deliver annual savings of $60 million from 2025.
Wood, the consulting and engineering company, is well known in the North Sea for its operations and maintenance and is now leveraging its experience to support the industry to decarbonise assets as part of the drive to net zero.
It takes time to settle into a new environment and adapt to new people, new surroundings.
As an industry, we’ve made good progress in mental health support, but we need to do more. According to a study by the International SOS Foundation, which looked at the mental health vulnerabilities for remote and rotational workers, 40% of respondents experience suicidal thoughts while on duty.
Wood Plc (LON: WG) has announced the appointment of Arvind Balan as its new chief financial officer and executive director.
Positive results for growth strategy, but H1 results dented by legacy issues and Apollo takeover bid
The chief executive of Wood Group (LON: WG) says the company is making steady progress on its growth strategy after a strong start to 2023.
Extinction Rebellion activists have been targeting the offices of Wood Plc (LON: WG), formerly known as Wood Group, in Aberdeen and Staines.
Wood Group has extended its deadline in the hopes of pinning down a firm and final takeover offer from US private-equity group Apollo.
After "careful consideration", and in a bid to reach "a definitive conclusion", Apollo submitted a fifth, and final, offer on Tuesday.