Wood is ‘not for sale’
Aberdeen's Wood (LON: WG) is "not for sale" but has entered a period of diligence with a potential buyer, a senor executive of the engineering giant said.
Wood plc
UK firms face ‘hard truths’ at Energy Exports Conference
Energy firms keen to explore export opportunities faced some “hard truths” at an event in Aberdeen.
OEUK appoints trio of North Sea bosses to its board
Trade body Offshore Energies UK has made a series of appointments to its board with North Sea bosses from Well-Safe Solutions, EnQuest and Wood all joining.
St Fergus gas plant contractors secure collective bargaining agreement
Around 100 contractors employed by Wood and Kaefer agree to new collective bargaining agreement.
Babcock CEO David Lockwood joins board of Wood
David Lockwood, the CEO of engineering giant Babcock is to join the board of Aberdeen-headquartered Wood Plc (LON: WG).
Wood on course for $6bn revenue target
Wood Plc (LON: WG) has delivered yearly growth on Q3 revenues, as it targets $6bn in its first full year since outlining a revamped strategy last November.
ESB takes over Wood stake in Lewis Wind Power partnership
Irish state-owned energy company ESB will partner with EDF Renewables to deliver the Stornoway wind farm on the Isle of Lewis.
Wood Plc shares climb as revenue and profit guidance increases
Positive results for growth strategy, but H1 results dented by legacy issues and Apollo takeover bid
Designing my future at Wood
In her two decades at Wood in Aberdeen, Jamie Simmers has moved from a junior finance role to leading a team of 100 engineers to operate critical offshore infrastructure in the North Sea.
1,200 North Sea workers launch second wave of strike action
North Sea workers employed by Wood, Petrofac, Stork and Sparrows, have downed tools as part of a second wave of strike action coordinated by Unite the Union.
Wood to create 300 new UK jobs amid North Sea push
Energy services giant Wood is expecting to create around 300 new jobs thanks to a surge in activity in the UK North Sea.
Oil services firms under pressure as Scot Gov says to ‘sever links’ with Russia
Oil and gas services firms are under increasing pressure to cut links with Russia, in a bid to ratchet up economic pressure in the wake of Russia’s invasion of Ukraine.
Wood weighs up future for 7,000-strong built environment business
Wood is considering its options, including a potential sale, for its built environment consulting business, which holds a 7,000-strong workforce.
BP chief Bernard Looney and Sir Ian Wood on UK Government ‘Build Back Better’ Council
Sir Ian Wood and BP CEO Bernard Looney have been announced as members of the new UK Government "Build Back Better" Council.
EnQuest ‘very interested’ in joint-operator decommissioning but ‘someone needs to take the lead’
The North Sea boss of EnQuest has said the firm is “very interested” in a joint-operator decommissioning approach, but “someone needs to take the lead”.
Wood boss calls for action to remove ‘peaks and troughs’ of oil and gas supply chain
One of the top bosses at energy giant Wood has called on the oil and gas industry to help remove the “peaks and troughs” experienced by the beleaguered supply chain.
Wood says ‘employee reductions are being made’ in response to coronavirus
Aberdeen-headquartered energy services firm Wood has said “employee reductions are being made” in order to tackle the effect of the coronavirus outbreak.
Wood shares climb on prediction of increase to annual earnings
Shares in Aberdeen-headquartered energy services firm Wood climbed this morning as at predicted a surge in its annual earnings.
Wood wins contract for petrochemicals plant in Oman
Aberdeen-headquartered Wood has secured work on a large petrochemicals plant in southern Oman.