OTC 2018: Wood and IBM to work on digital products
Energy service giant Wood, of Aberdeen, and technology firm IBM have teamed up to harness artificial intelligence, analytics and blockchain to transform the way oil companies operate.
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Wood monitoring turbulence from world’s first floating wind farm, Hywind
Wood has installed new technology to measure the effects of turbulence on the world’s first floating wind farm, off the coast of Peterhead.
IOG contracts Subsea 7 and Wood for Thames Pipeline work
UK-based Independent Oil and Gas (IOG) has contracted Subsea 7 and Wood for work on the Thames Pipeline in the Southern North Sea.
Aberdeen event on emerging opportunities in Saudi Arabia
An event highlighting emerging opportunities in Saudi Arabia is being hosted in Aberdeen next month.
Wood wins contract to expand huge South African pulp mill
Aberdeen-headquartered energy service giant Wood will expand the capacity of one of the world's largest dissolving pulp mills, while also improving its environmental footprint.
Wood says new offshore camera tech removes humans from ‘hazardous’ areas
Wood has announced the development of new wearable camera technology for the offshore oil and gas sector, able to go to previously inaccessible areas.
Wood opens advanced technology centre in Mexico
Aberdeen-based energy services giant Wood has established a “first of its kind” Oil and Gas Advanced Technology Centre (ATC) in Mexico.
Industry to discuss emerging opportunities at Aberdeen subsea conference
Industry body Subsea UK has said that global industry experts will discuss future market opportunities at the first Subsea Cables Conference to be held in Aberdeen.
Wood still committed to its Aberdeen roots, CEO says
Wood chief executive Robin Watson said yesterday the group still had a key role to play at the heart of a recovering north-east economy, despite it making only 5% of its revenue in the UK North Sea.
No more room for the little guys in Latin American clean energy
Latin America’s booming clean energy market is attracting the world’s energy giants, which are driving down prices and squeezing out the little guys.
Wood ties up trio of Senegal deals
Energy service giant Wood will support a major oilfield development off Senegal after winning three contracts from Woodside.
Wood wins Saudi contract to develop world’s largest crude oil to chemicals project
Aberdeen-headquartered energy services firm Wood has won a contract to develop the world’s largest crude oil to chemicals (COTC) project for Saudi Aramco and SABIC.
Workers evacuated from North Sea platform due to water supply issue
Workers have been evacuated from a North Sea platform following an issue with its water supply.
Wood undertake asset integrity expansion into the Americas
Engineering and technical services firm Wood has announced its expansion into Brazil and western Canada in an effort to service asset integrity solutions.
Wood signs up for nuclear power station project
Energy service giant Wood will provide technical assistance as part of a project to construct a new nuclear power station in the UK.
New guidelines for subsea cables make renewables projects possible
A group of companies have come up with a new set of guidelines which could take the sting out of cable costs for offshore renewable energy projects.
Wood brothers agree ‘exciting’ bars sale deal
Scottish hotel and pub entrepreneur Nic Wood – son of Aberdeen-based oil and gas industry doyen Sir Ian Wood – has snapped up seven bars from his younger brother, Garreth, in a move hailed as “an exciting deal for both parties”.
Wood cements commitment to Highland economy
Energy service giant Wood has cemented its commitment to boosting the north Highlands economy through its clean-up work at the Dounreay nuclear site.
Wood wins five-year Ichthys contract
Energy service giant Wood has won a five-year deal to provide engineering services for Inpex in Australia.
Wood nets £1.5m worth of funding for nuclear decommissioning project
Energy service giant Wood has secured £1.5million worth of funding after winning a competition promoting safer, faster and more economic nuclear decommissioning.
Wood to help expand Norwegian chemical plant
Energy service giant Wood will take part in a major project to expand an onshore chemical plant in Norway.
Wood bags new Saudi Aramco contract
Oil service firm Wood has secured a five-year contract to help deliver one of Saudi Aramco's mega-projects.
Wood secures North Sea FPSO contract
Energy service giant Wood has won a contract with Bluewater for work on the Haewene Brim floating production, storage and offloading (FPSO) vessel in the North Sea.
Wood’s HQ in Granite City on sale from £81m
The Aberdeen headquarters of energy service giant Wood are up for sale at offers in excess of £81.2million.
Wood says US rates drop to have ‘favourable impact’
Energy service company Wood said today that the US corporate income tax rate reduction would result in a “one-off, non-cash credit” to its profit and loss statement for 2017.