Wood Group to increase dividend by “double digit percentage”, eyes modest recovery
Wood Group today said it would increase its dividend for the year by a "double digit percentage".
Wood Group today said it would increase its dividend for the year by a "double digit percentage".
A government-backed initiative to help companies exploit the value of data has celebrated its first year of operation in Aberdeen.
The first strike action in more than a generation has come to an end after unions voted to accept fresh proposals from Wood Group.
Wood Group has said it "respects" the offshore workforce after it voted to accept proposals put forward by the company.
Oil major Shell said it "commends" both unions and Wood Group after they came to an agreement on fresh proposals.
The result of a ballot on whether to accept fresh proposals form Wood Group is expected to close today.
North Sea workers will be offered competency allowance by their employer Wood Group after thrashing out a new deal on proposed changes to their contracts.
A ballot for North Sea workers on whether to accept changed contract proposals from Wood Group has now opened.
A trio of oil and gas companies told the North Sea supply chain how to get involved in decommissioning projects at an event in Aberdeen this week.
Offshore workers will be balloted again next week over North Sea strike action after negotiations brought a fresh proposal form unions and Wood Group.
Wood Group has landed a framework deal with Dong Energy.
Wood Group has won a $1million contract for Statoil's Utgard field.
Union chiefs are continuing 'constructive' talks with Wood Group as both sides continue to look for a resolution to the current North Sea strike dispute.
Sir Ian Wood will share his secrets of leadership success at an event hosted by the Institute of Directors (IoD) next month.
Wood Group and trade unions said today that talks to end a dispute involving North Sea workers would extend into next week.
Wood Group has been awarded a new contract by petrochemical manufacturer Sabic to provide engineering design services the firm's Teesside complex in Wilton.
Energy service giant Wood Group yesterday declared a 10% rise in its interim dividend despite recording a $60million (£46million) drop in profits and laying off thousands of employees.
Wood Group’s boss said today that the company was seeing early indications of modest recovery in “some areas” of the business after cutting costs by $50million in the first half of the year.
Wood Group said today it had won a $700million contract to provide automation contractor services to a partnership in Kazakhstan.
Wood Group and trade unions yesterday remained tight lipped on the progress of crunch talks intended to settle a dispute involving North Sea workers.
Production has resumed on two of Shell's seven assets which had been affected by North Sea strike action.
Trade union and Wood Group have agreed to suspend strikes as they look to resolve an ongoing dispute over pay and conditions on seven of Shell's North Sea assets.
Labour's shadow Scottish Secretary will meet with shop stewards from the North Sea oil and gas industry as strike action rumbles on across seven of Shell's North Sea assets.
Oil major Shell said stocks have been replenished on one of its strike hit North Sea assets.
A union has called for fresh talks to try to avert more strikes by North Sea workers in a long-running dispute over pay.