Firing the starting pistol on countdown to COP26
World leaders were due to convene in Glasgow for the UN Climate Conference (COP26) in November for what was anticipated to be a transformational moment in the energy transition.
Wood
Diversifying out of oil and gas ‘absolutely what companies should be doing’ says Sir Ian Wood
Sir Ian Wood has said diversifying into areas out of oil and gas is “absolutely what companies should be doing”.
Aker Solutions, Wood clinch contracts as Equinor sanctions major subsea development
Equinor and partners have made a final investment decision to develop the 200-million-barrel Breidablikk field in the Norwegian North Sea.
US tech entrepreneur urges industry leaders to ‘drive not delegate the digital transformation’
Silicon Valley businessman Tom Siebel urged business leaders to “drive not delegate the digital transformation”, in his keynote address to delegates at ENGenious Online.
Wood partners with SGN to create ‘decarbonisation roadmap’ in Scotland
Wood, of Aberdeen, is teaming up with gas distribution network company SGN to create a "decarbonisation roadmap" for the north-east and east coast of Scotland.
Proposed North Sea deal would ‘level playing field’ again, chiefs say
A proposed new North Sea collective bargaining agreement will level the playing field for service companies and give workers more protection during turbulent times, industry chiefs said.
Wood bags £32.5m contract for Norway gas plant upgrade
Energy service firm Wood, of Aberdeen, has clinched a £32.5 million deal to upgrade the Kollsnes gas processing plant in Norway
BP, Wood, Subsea 7 among new additions to gender diversity coalition
Energy firms BP, Wood and Subsea 7 are among six new companies joining a coalition to improve gender diversity and inclusion across the industry.
NECCUS in funding bid to help deliver net zero roadmap for Scotland
A Scottish energy transition group has applied for funding in an effort to push on with plans to decarbonise swathes of industry north of the border.
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.
BGS Online: Revolutionary approach in the event industry
Extraordinary times call for extraordinary solutions. In response to the travel constraints in Europe, BGS Group, the organizer of PRC Europe 2020, has announced the launch of a new virtual platform - BGS online.
Wood CEO predicts ‘turbulence’ ahead for key markets
The boss of Wood expects more “turbulence” ahead for markets served by the global engineering and consultancy.
Updated: Wood headcount down by 10,000 since start of year, stays in the black
Energy service firm Wood has reduced its headcount by around 10,000 since the start of 2020 due to divestments and its response to the Covid-19 pandemic and lower oil prices.
Ithaca Energy in ‘offshore first’ as platform goes 100% green
Ithaca Energy has celebrated an “offshore first” as one of its North Sea platforms has become 100% powered by renewable energy.
Wood completes work on SGN demo project to deliver hydrogen to Scottish homes
Aberdeen-headquartered energy services firm Wood has completed preliminary engineering design services work for gas distribution operator SGN at its Machrihanish site, on the west coast of Scotland.
OGUK and AREG agree terms for ‘closer relationship’ on North Sea energy transition
Oil and Gas UK (OGUK) and the Aberdeen Renewables Energy Group (AREG) have agreed terms to form a “closer relationship” on the North Sea energy transition.
Employers and unions vow to find alternative to key North Sea agreement
Offshore contracting firms and unions have committed to hammering out a “framework” to replace a key UK North Sea collective bargaining agreement.
Petrofac to replace ‘out of date’ climate targets
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.
Wood makes £160m cost savings, increases renewables work during Covid-19 crisis
Aberdeen-headquartered energy services firm Wood has announced multi-million pound cost savings and an increased renewable energy contracts since the start of 2020.
Wood announces brace of US solar deals worth almost £160m
An Aberdeen-headquartered global engineering firm has announced two multi-million pound solar energy deals in the US.
Wood and Global Energy Group praise Scottish Government energy transition funding
Energy services firms Wood and Global Energy Group have praised a new £62m Scottish Government package, saying it will “build momentum” towards a "true energy transition".
Wood targets 40% reduction in emissions by 2030
Aberdeen-headquartered energy services firm Wood has announced targets to reduce its direct and indirect emissions by 40% by 2030.
New Covid reality can advance ‘inclusion agenda’, oil chiefs say
With the right leadership, the new working norms created by the Covid-19 lockdown can help advance the “inclusion agenda”, oil industry chiefs said today.
First virtual D&I event to highlight sector opportunities
More than 300 people have signed up to attend OGUK’s first-ever D&I webinar to further explore opportunities to improve diversity and inclusion in what remains a challenging landscape for the UK oil and gas industry.
Share price boost for North Sea service firms
North Sea energy services firms including Wood, Petrofac and Hunting enjoyed a share price boost in the City today.