Search results for: wood

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A list of search results

  • 18 February 2014
    Business & Finance

    Wood Group, an international energy services company, comprised of Wood Group Engineering, Wood Group PSN and Wood Group GTS, reports good growth with EBITA up 16%. Wood Group announced financial growth and progress in all sectors. Total Revenue of USD 7.064,2 million is up 3%, compared to 2012. Total EBITA of  USD 533 million is up 16%, and […]

  • 3 December 2018
    Business & Finance

    Oilfield services provider Wood has appointed a new executive president for strategy and development.

  • 10 April 2014
    Business & Finance, Research & Development

    National Evolutionary Synthesis Center and the Monterey Bay Aquarium Research Institute (MBARI) have released a study, showing that wood-boring clams serve as “ecosystem engineers,” making the organic matter in the wood available to other animals that colonize wood falls in the deep waters of Monterey Canyon. When it comes to food, most of the deep sea […]

  • 19 February 2019
    Operations & Maintenance, Project & Tenders

    Wood has received a contract from Equinor, worth $13 million, to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project. Wood will provide topside modifications to enable the tie-in of subsea equipment to offshore platforms Snorre A and Snorre B, which process oil from the Vigdis […]

  • 30 June 2015
    Business & Finance

    Wood Group has acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at $14.3 million. According to Wood Group, BETA’s expertise in advanced vibration, pulsation stress and dynamic analysis of piping systems and machinery during the design and production phases are key elements in integrity management […]

  • 2 April 2020
    Business & Finance

    Wood has decided to implement salary, headcount, and capex reductions as a response to the volatile market conditions. Wood will also be withdrawing its final dividend recommendation.

  • 6 September 2018
    Business & Finance

    Hess Corporation has awarded oilfield services provider Wood a three year non-exclusive agreement for the provision of operations, maintenance and other support services in the Gulf of Mexico.

  • 30 November 2011
    Business & Finance

    Wood Group Kianda, a joint venture between Amílcar Nascimento, Wood Group’s Angolan business partner, and Wood Group will officially be launched in Luanda, Angola today. Sister Wood Group companies, Wood Group Mustang, Wood Group Kenny and Wood Group PSN will provide their services through the joint venture. The launch coincides with the announcement that Wood […]

  • 30 June 2015
    Business & Finance, Equipment

    Wood Group has acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress and dynamic analysis of piping systems and machinery during the design and production phases are key elements in integrity management and strengthen Wood Group’s […]

  • 12 February 2018
    Business & Finance

    Wood has secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one of its mega-projects in the Saudi Arabia.

  • 30 November 2011
    Business & Finance, Operations & Maintenance

    Wood Group Kianda, a joint venture involving Amílcar Nascimento, Wood Group’s Angolan business partner, and Wood Group will officially be launched in Luanda, Angola today. Sister Wood Group companies, Wood Group Mustang, Wood Group Kenny and Wood Group PSN will provide their services through the joint venture. The launch coincides with the announcement that Wood […]

  • 17 October 2019
    Business & Finance

    Oilfield services provider Wood has appointed a new chief executive officer (CEO) of its Americas business.

  • 5 May 2014
    Business & Finance, Equipment, Project & Tenders

    Wood Group has delivered engineering support to the Subsea Well Response Project, a joint industry project to further improve the prevention of, and response to, subsea well-control incidents. Contracted by Shell, on behalf of the SWRP team, Wood Group Kenny led the way and drew on the expertise of Wood Group Mustang and Wood Group […]

  • 27 April 2017
    Business & Finance

    UK-based energy services company Wood Group has made two changes to its executive leadership team. Wood Group said on Wednesday that Andrew Stewart was appointed the chief executive officer (CEO) of the Asset Life Cycle Solutions (ALCS) business in the Western region while Michele McNichol was named as executive president of integration, both effective immediately. […]

  • 30 June 2015

    Wood Group said it has acquired Beta Machinery Analysis, a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million.

  • 20 November 2014

    Wood Group CFO Alan Semple’s decision to step down prompted several changes within the company’s management team.

  • 6 February 2020
    Business & Finance

    Energy services company John Wood Group has sold its industrial services business to technical services provider Kaefer for an initial cash consideration of around $104 million.

  • 9 October 2013

    Wood Group and Siemens have entered into an agreement to form a joint venture consisting of the Maintenance and Power Solutions businesses of Wood Group GTS  and Siemens’ TurboCare business unit which provides aftermarket gas turbine, steam turbine and generator design, repair and manufacturing services. Wood Group believes that the establishment of the JV will […]

  • 13 November 2018
    Business & Finance

    UAE’s ADNOC Offshore has extended oilfield services company Wood’s contract for services to the Upper Zakum 750 megaproject offshore Abu Dhabi.

  • 17 July 2018
    Business & Finance

    Oilfield services provider Wood has created the role of chief technology officer (CTO) with the appointment of Darren Martin.

  • 3 September 2019
    Business & Finance

    Wood has been awarded a contract extension for engineering, construction, and maintenance services on TAQA’s North Sea assets.

  • 6 October 2015

    Wood Group informed it has appointed Robin Watson as chief executive officer, effective 1 January 2016.