Unite says Wood Group rate cuts deepen “race to the bottom” in North Sea
Unite, the UK's biggest offshore trade union, warned the Wood Group's contractor rate cuts will deepen a “race to the bottom” on North Sea employment standards.
Wood Group
Wood Group enters new market
Wood Group is diversifying its business and entering a new market in the latest sign that times are changing in the North Sea oil and gas industry.
Wood Group secures Valero Energy contract in Wales
Wood Group has secured a new five-year framework agreement with petrochemical firm Valero Energy for its onshore refinery in Wales.
Wood Group lands Chevron North Sea extension, protects 30 jobs
Wood Group today confirmed it had secured a contract extension with Chevron Upstream Europe for four North Sea assets.
Wood Group signs collaborative deal with Magma Products
Wood Group (WG) has struck a collaborative agreement with Magma products to extend its existing commissioning service.
Wood Group confirms replacing Aberdeen staff with base in India
Wood Group today confirmed it had replaced a dozen Aberdeen external accounts posts with Indian staff.
Wood Group snaps up work in Brazil
Wood Group landed a contract with PetroRio for its Polvo A platform in the southern Campos basin.
Robin Watson officially takes up Wood Group’s top role
Robin Watson will officially assume the chief executive role for Wood Group tomorrow.
Wood Group in leadership change
Wood Group today confirmed a leadership change after announcing Robbie Brown will be leaving his role as company secretary.
Wood Group acquires US firm
Wood Group has acquired Kelchner Inc, a privately-owned US-based provider of construction and energy field services.
Wood Group wins Shell Browse FEED contract
Wood Group has won a front-end engineering and design (FEED) contract for the Browse floating liquefied natural gas (FLNG) development. The company said the deal, which will see a 12 month contract with Shell, will be carried out by Wood Group Kenny (WGK).
Wood Group wins $400m Statoil deal, Aker misses out
Wood Group has landed a $400million deal with Statoil, beating incumbent partner Aker.
Wood Group expects North Sea shift pattern change to stay, estimates 8,000 job losses globally by year end
Wood Group's chief financial officer said the company expects changes to shift patterns in the North Sea to remain when the industry returns to an up-cycle period.
Wood Group to focus on M&As, sees impact on North Sea and US work
Wood Group said it remains focused on mergers and acquisitions as it said its overall financial outlook for the year remains unchanged, despite challenging market conditions. The company issued its pre-close trading update for the year ahead of results being published in 2016. Earlier this year the company announced the acquisition of Infinity as well as a previously deal to acquire Automated Technology Group in September as well as Beta Machinery Analysis in June.
Wood Group wins brownfield work with ConocoPhillips
Wood Group has won a brownfield contract with ConocoPhillips for its assets in Australia.
Exclusive Sir Ian Wood: ‘We were the lucky generation’
Sir Ian Wood said his generation of oil peers were the “lucky ones” and have a duty to pay it forward.
Wood Group makes $150million acquisition
Wood Group has acquired Infinity Group in a $150million deal.
Wood Group adds to its specialist vibration team with new appointments
Wood Group has appointed three senior engineering specialists who will lead a new team of up to 20 people in the UK to build Wood Group's vibration service.
Scottish business leader Bob Keiller to launch consultancy aimed at next generation of innovators
Outgoing Wood Group chief executive Bob Keiller is poised to launch a business aimed at cultivating the next generation of Scottish business leaders.
The Journey: Scotland’s business success, Bob Keiller, and what’s next
Bob Keiller’s business path started on a council estate in Jedburgh, managing the local paper round.
Wood Group looks to Iraq for more new opportunities
Wood Group is eyeing further opportunities in war-torn Iraq after securing a $90 million project management job in the country.
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.
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
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