Wood Group to consult over 300 jobs
Oil services firm Wood Group is to consult with around 1,000 UK onshore staff as it seeks to reduce its headcount by 300.
Oil services firm Wood Group is to consult with around 1,000 UK onshore staff as it seeks to reduce its headcount by 300.
Standing still is not an option when there is still a substantial oil prize worth fighting for, panelists argued at Energy Voice's business breakfast.
Trade union bosses yesterday accused Aberdeen energy service giant Wood Group of pushing North Sea workers to the verge of industrial action. Unite Scotland said offshore workers employed by Wood Group on Shell’s North Sea platforms were engaged in a consultation over a new offer on pay and benefits on the weekend. Tommy Campbell, a regional officer at Unite, said: “We are waiting to hear the result of consultations between the members of the workforce to see if the terms are acceptable. The results will be made known during the week and we will feed them back to Wood Group.
Wood Group is considering outsourcing its IT services function putting the future 168 staff jobs in doubt.
Wood Group has won a $500million contract with BP operated projects offshore Azerbaijan creating 200 new positions.
Wood Group is in consultation over jobs at the Sullom Voe Terminal in Shetland.
This week union bosses said North Sea workers were “disenfranchised and getting angrier by the day”. At pay cuts and redundancies continue to dominate headlines, Energy Voice looks back at how the dialogue between employers and the unions has played out in the past year.
Wood Group has won four subsea contracts with Statoil on the Norwegian continental shelf (NCS).
Industry leader Sir Ian Wood yesterday opened the new Wood Group office named in his honour in Aberdeen.
Wood Group could make further job losses on Shell’s Brent Delta and changes to pay for some of its staff, according to recent document.
Wood Group has landed a $150million North Sea contract extension with Nexen.
The head of a major construction firm will try his hand in the energy sector after agreeing to join the board of Wood Group. Richard Howson, who has been chief executive of Carillion since 2012, will take on the role of non-executive director at Wood Group starting May 12. Mr Howson will also take up a place on the Wood Group board’s committees for nomination and safety, assurance and business ethics, the Aberdeen-headquartered oil service firm said yesterday.
Wildlife lover and businessman Ian Marchant will swing his way Tarzan-like into the president’s chair at the Royal Zoological Society of Scotland next month. The zoological society, which owns Edinburgh Zoo and the Highland Wildlife Park near Aviemore, said Mr Marchant was a longstanding member and strong supporter of conservation. The new role is in addition to the posts Mr Marchant holds at several businesses and charities.
Wood Group (WG) has made a further acquisition this month after snapping up Ingenious.
Former Wood Group chief executive Bob Keiller was given a £500,000 “golden parachute” when he decided to leave the company last year.
Wood Group has completed the takeover Australia-based SVT Engineering Consultants.
Wood Group has landed a two-year North Sea deal with Taqa.
A 60MW wind farm has been commissioned in Utah this week with technical support from Scottish renewable energy consultancy, SgurrEnergy.
A nine-year Wood Group veteran confirmed his plans to leave the board and his role as the chair of the firm’s Remuneration Committee today.
Ineos boss Jim Ratcliffe is the UK's richest energy services mogul on the Forbes 2016 billionaires list with his $5.5billion fortune.
Wood Group has landed a $120million contract with Babcock International.
Wood Group has honoured its founder by naming its new office at the south of the city after him.
Wood Group boss Robin Watson has insisted the energy service giant was “a strong and balanced business” despite a 71% slump in profits.
Wood Group, the Aberdeen-based oilfield services firm, has reported earnings of $470million in 2015, down from $550 in 2014, saying its performance demonstrated resilience and flexibility in challenging markets.
Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system offshore Western Australia.