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Wood Group



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Wood secures Middle East deal

WOOD Group has won a contract to design a giant carbon capture scheme in the Middle East that champions believe could be as good for the environment as taking one million cars off the road.

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Wood wins Gulf carbon-capture work

WOOD Group has secured a "multi-million-dollar" contract in Abu Dhabi, whose government is looking to become a global leader in clean power.

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Wood wins Taqa contract

TAQA, Abu Dhabi's national energy company, has awarded a five-year contract to Wood Group to carry out maintenance in the northern North Sea.

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Wood Group bosses buy more shares in bid to shore up sagging values

DIRECTOR'S at Wood Group have attempted to boost confidence in the oil services company as its share price tumbles, buying more than half a million shares at the end of la

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Wood Group chief executive and founder in £3.5m show of faith

The two leaders of Aberdeen’s Wood Group signalled yesterday that the company’s stock had been oversold when they invested almost £3.5m in the shares.

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Wood Group’s healthy bounce boosts investor faith

Wood Group bounced back from its recent weakness yesterday as it unveiled an upbeat trading statement and said it expected growth to continue.

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Positive forecasts allow Wood Group recovery

Shares in the oil services group bounce back after the company pointed to strong trading in spite of softening oil prices and turmoil in the financial markets

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After shares freefall, Wood Group rebounds despite fall in oil prices

WOOD Group, Scotland's largest oil services company, enjoyed a much-needed boost to its share price after announcing it is continuing to expand, despite turbulence in the financial markets.The firm, which has seen its shares half in recent monthsADVERTISEMENT, ended the day just over 10 per cent, or 25.5p, higher at 277.7p.Glasgow-based Weir Group rose more than 8 per cent after chief executive Mark...

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Wood Group says demand has remained high

LONDON (MarketWatch) -- Energy services company John Wood Group Plc said Thursday that demand for its services has remained high despite the significant volatility in financial, commodity and currency markets. "We believe that our oil & gas customers' major development decisions are based on their assessment of longer term oil prices, and they are committed to long term investment programmes," the...

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Scot stocks: Wood Group leads the way as Scots shares take a market hammering

IN A gloomy day for Scottish companies, shares in Wood Group set a new annual low when it plunged more than 15 per cent to 232.5p ahead of its trading update due out today.

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Venezuela deal a $200m lift for Wood venture

WOOD Group's Venezuelan joint venture has won a $200 million (£113m) contract with Petroleos de Venezuela (PDVSA) to provide wellhead equipment.

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Wood Group buys Irish specialist MCS

Wood Group, the Scottish oil services major, has filled a gap in its service offering by making its second acquisition in the Republic of Ireland

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Wood brings MCS on board

WOOD Group has bought MCS, an Irish sub-sea engineering firm, for an undisclosed sum.

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Lunde takes marketing role

ALLIANCE Engineering, part of Wood Group, has promoted Edmund-Hugo Lunde to the role of executive vice-president, with responsibility for business development and marketing.

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Alliance in new platform study

ALLIANCE Engineering, a subsidiary of Wood Group, is to carry out a "feasibility study" for StatoilHydro for a new platform and production facility for its Valemon fie