Wood Group leader leaves oil and gas to fight for Scottish economy
Wood Group chief executive Bob Keiller is stepping away from oil and gas to help drive the Scottish economy forward.
Wood Group
Exclusive: Wood Group brings Altablue business back in-house
A company set up by Wood Group last year to perform personnel services to external businesses will now be brought in-house once again. Wood Group said the move to reel in its Altablue recruitment and payroll business was to reflect the “changing need” for resourcing service provisions in the current climate. The 100% owned Wood Group firm was set up in June last year and registered in Jersey.
WGPSN wins $31million contract on Powder River basin in US
Wood Group has won a $31million contract from Carbon Creek on their coalbed methane asset in the Powder River basin in the US. The deal will see Wood Group PSN (wgpsn) deliver operations management services to the field in Wyoming which consists of 7,000 drilled wells and up to 12,000 drillable locations. The region, which is the largest of its kind in the region, produces 385 million cubic feet of gas per day.
EV Insights: In case you missed them, Energy Voice’s Friday Five
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Job consultation launched at Sullom Voe Terminal
Talks are being held with Wood Group and Bilfinger Industrial Services staff working at the Sullom Voe Terminal in Shetland over the future of up to more than 200 positions. Wood Group is in discussions regarding around 90 positions at the BP-operated terminal following a review of its personnel requirements brought on by changes being made to work on the site. Meanwhile Bilfinger Industrial Services said it had also initiated consultation due to changes in seasonal workloads and winter working conditions.
Exclusive: “Right time” for Bob Keiller’s exit, says Wood Group chairman
It was the “right time” for Wood Group’s Bob Keiller to leave the top role, according to the firm’s chairman.
EV Insights: Robin Watson’s rise to the top
Wood Group has revealed Robin Watson will take the reins of the company after Bob Keiller retires at the end of the year.
Watson to replace Keiller as Wood Group CEO
Wood Group today confirmed Robin Watson will replace Bob Keiller as the company’s chief executive.
Wood Group snaps up Automated Technology Group
Wood Group has acquired Automated Technology Group (ATG), one of the UK's largest independent suppliers of control and power solutions for industrial automation in a multi-million pound deal.
Statoil turns to Wood Group for new Brazilian deal
Statoil said today it had appointed Wood Group of Aberdeen to provide four-year operations, maintenance and modifications services in the Peregrino development offshore of Brazil.
Wood Group Intech strengthens team
Wood Group Intech (WGI) has strengthened its team with a new global business development manager. Colin Underwood will be responsible for leveraging and building the global capability of the company working with the firm's regional representatives. Underwood brings with him more than 30 years of industry experience, working across a broad range of disciplines and in a variety of geographical and cultural settings.
Wood Group completes work on Eagle Ford modification
Wood Group has provided engineering, procurement and other services to Flint Hills Resources for its Eagle Ford modification at its West refinery in Texas. The project will enable the refinery to process 100% US crude – primarily from the Eagle Ford region – into transportation fuels. The work was successfully completed by Wood Group Mustang (WGM) who completed the conceptual and front-end engineering design phases of the project.
Bob Keiller: Right Now – Continue to Exceed Your Customers’ Expectations
Bob Keiller sends a message on Core Values to Wood Group employees every week. The note below is taken from a message he sent to employees a few weeks ago. Remember the '80s US rock band Van Halen? Ever heard of a clause buried deep in their lengthy touring contract? It stated something like “there should be no brown M&Ms backstage…if found, the band has the right to cancel the concert at full pay without warning.”
In case you missed them, Energy Voice’s Friday Five
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Wood Group: “Every dollar needed but not one dollar more”
Wood Group chief executive Bob Keiller said it would spend “every dollar needed but not one dollar more” to get the job done. The company leader was briefing investors about the firm’s financial results when he made the commitment today. Wood Group recorded a 20% drop in revenue. Since the oil price slip, the firm has been forced to make 5,000 redundancies, including 1,000 in the UK, 3,000 in the US and 1,000 in the Middle East.
Wood Group wins work with Shell
https://www.energyvoice.com/oilandgas/85265/wood-group-turnover-drops-nearly-20/
Wood Group turnover drops nearly 20%, more cost savings ahead
Wood Group confirmed revenue for the first half of the year was down 19.3%.
Wood Group wins Talisman Energy subsea contract
Wood Group has won a front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam. The work will be carried out by Wood Group Kenny (WGK) who will also complete comprehensive flow assurance studies. WGK’s Kuala Lumpur office will conduct the work on the subsea FEED and will be supported by other offices in Asia Pacific.
Wood Group nets $28million contract with Pemex
Wood Group has won a $28million contract with Mexican state-owned oil company Pemex. The deal will see Wood Group Kenny (WGK) and Wood Group Mustang (WGM) provide deepwater and complex shallow water concept and basic engineering services.
Bob Keiller: The B Side of the playlist on career advice
I’ve received many questions following recent articles on how to manage during difficult times. Readers are asking what specific things they could do, or I have done, or we are planning to turn the generic advice into practical measures. Well, I suppose it all depends. My business situation will be different from everyone else’s, so my decisions may or may not be relevant to others, but I am happy to share some of the tactical options we took to make our business less vulnerable during the current downturn in our industry.
Bob Keiller: Why I Give (and Get) the Best Career Advice from a Playlist
Many of us are old enough to remember buying vinyl albums. After you bought a new one, you would study every detail of the cover, and, then, you would play it repeatedly until you knew every track. Not only that, you knew the order of the tracks. I find good music inspirational. Some of you will already know that I write a weekly message on Core Values to my employees, and I always use a musical reference as a hook. So today, I want to share my playlist for leading in difficult times.
Wood Group makes $14.3million acquisition
Wood Group has acquired BETA Machinery Analysis (BETA) for $14.3million.
Oil price slide hits Wood Group’s financial results
Wood Group confirmed the slide in oil price has hit its financial results. In a pre-close trading update for the first half of the year, the company said despite the dip it still expects full-year earnings before interest, tax and amortisation (EBITA) to adhere to analyst expectations.
Wood Group lands $250milion North Sea CATS deal
Wood Group has struck a 10 year agreement with Antin Infrastructure Partners (Antin IP) worth $250million. The deal will see Wood Group provide operating services for the North Sea’s Central Area Transmission System (CATS).
Wood Group secures contract with Saudi Aramco for new centre
Wood Group has agreed a six year deal with state-owned Saudi Aramco to establish an offshore engineering centre of excellence in Al Khobar, Saudi Arabia.