Wood has announced a stronger second half year of trading in 2021, but reported a £290million increase in debt and confirmed plans to offload its built environment business following a strategic review.
Aberdeen-headquartered consulting and engineering group Wood has signalled a year of “strategic growth” in the Middle East, accumulating $580million (£425m) of secured contract backlog in 2021.
Scottish ministers have approved additional consents for the Stornoway Wind Farm on Lewis, allowing developers the option of larger and more modern turbines.
“Energy transition is at the forefront of our strategy”, explains Dan Carter, global director of decarbonisation and new energies at Wood.
Aberdeen-headquartered energy services giant Wood has unveiled North Sea contract wins worth £120million in the fourth quarter of 2021, including with Shell and Dana Petroleum.
With COP26 now in the rear-view mirror, Energy Voice has assembled a panel of experts to give their verdicts on whether the summit really was a climate change turning point.
Aberdeen-headquartered Wood has secured a multi-million dollar front-end engineering design (FEED) contract with Saudi Aramco.
Aberdeen-headquartered engineering giant Wood has won a contract working on the largest gas reserve in Turkey in the Black Sea.
Aberdeen could become the first city to be powered entirely by hydrogen as soon as the end of the decade under ambitious new plans.
Engineering and consulting group Wood has been awarded a five-year contract by National Grid to provide controls and metering upgrades for its UK gas transmission assets, and to review hydrogen blending in the gas network.
Wood is considering its options, including a potential sale, for its built environment consulting business, which holds a 7,000-strong workforce.
It is hoped an ambitious international collaboration project could unlock access for Scottish firms to a multi-billion pound green hydrogen market.
Energy and agriculture: Two industries which may not naturally go hand in hand. But they are critical in meeting society’s needs for food and fuel and both are at a crossroads in tackling carbon emissions.
Engineering giant Wood will release a plan to impose emissions targets on its suppliers and on its own products used by customers within the next year, according to chief executive Robin Watson.
Energy services company Wood has announced the appointment of Lesley Birse as its executive president of people & organisation (P&O).
A north-east engineering giant founded by the family of Sir Ian Wood has won a design contract on a carbon capture project in England that beat out a rival bid in Scotland in a recent competition.
More than half of businesses in hard-to-abate sectors plan to use carbon capture, utilisation and storage to tackle emissions, a new survey has found.
The long-awaited UN Climate Change Conference (COP26) kicks off in Glasgow in November when world leaders arrive in Scotland to seek agreement on how to tackle clime change collectively.
The pair behind Kincardine, the world’s largest floating wind farm off Aberdeen, have teamed up on a joint ScotWind bid, with energy services firm Wood drafted in to assist.
Several young energy professionals have undertaken a voyage across Scotland to spotlight the country’s net zero offerings.
Wood, of Aberdeen, has been chosen to carry out work for a major decarbonisation project in England.
Aberdeen-based Wood and National Energy Resources Australia (NERA) today announced that the pair have teamed up to deliver an artificial intelligence (AI) software solution for offshore asset inspections that could create savings of A$2.8 billion ($2 billion) per year.
Major energy services companies in the North Sea have today put in place a joint initiative aimed at blocking unskilled labour in the market.
Complicated calculations aren’t usually part of an elite international athlete’s training plan but for Zoey Clark it proved to be the perfect formula as she powered her way to her first Olympics.
“Corporate Darwinism” could come to the fore as the energy industry tries to overcome challenges by finding new and innovative ways of working.