Wood Group has sold stakes in several joint ventures for around 28 million US dollars (£21.3 million) as part of its ongoing asset disposal programme.
The £2.2 billion acquisition of Amec Foster Wheeler at the end of 2017 has opened up a host of new opportunities for owners Wood.
Offshore contractors for a major energy company have expressed their anger at severe pay cuts proposed amid plans to change rotas.
University business students are to gain an insight from industry experts at a leadership event.
Green-fingered volunteers are ready to roll up their sleeves to spruce up an Aberdeen hospital’s garden – but they need some help.
A north-east businessman has been named the third-wealthiest person in Scotland – with a fortune of more than £1.7 billion.
An engineer employed by an Aberdeen oilfield firm today claimed he could have been thrown into an African jail due to a work permit mix-up.
The chief executive of Wood Group has said there will be no job losses following its £2.2 billion takeover of Amec Foster Wheeler.
Wood Group has today completed its £2.2billion takeover of Amec Foster Wheeler.
On his wall is a list.
A stalwart of the North Sea's energy industry has been given the highest award of the British order of chivalry.
About 1,300 global energy service jobs are under threat from the proposed merger of Wood Group and Amec Foster Wheeler (AFW), it emerged last night.
Oil services company Wood Group has reached an agreement to take over rival Amec Foster Wheeler in a £2.2 billion deal.
Wood Group’s total revenue fell 15.7%, according to its full year results.
Unite members have voted to accept Wood Group’s fresh proposals on changes to their contracts. The move comes after weeks of talks following the first strike action in more than a generation. Hundreds of workers backed industrial action across seven of Shell’s North Sea assets. More on this story on Energy Voice.
The result of a ballot on whether to accept fresh proposals form Wood Group is expected to close today.
Offshore workers will be balloted again next week over North Sea strike action after negotiations brought a fresh proposal form unions and Wood Group.
Energy service giant Wood Group yesterday declared a 10% rise in its interim dividend despite recording a £46 million drop in profits and laying off thousands of employees.
Industrial action by North Sea workers in a dispute over pay has been suspended to allow fresh talks.
The RMT Union has announced nine 24-hour strikes will be held between August 15 and 31. A total of 12 six-hour stoppages will also take place between August 16 and September 3. The move comes as further strike action is expected tomorrow with two three-hour stoppages. For the full story, visit Energy Voice.
A union boss has said he is “bitterly disappointed” talks have broken down over proposals to cut offshore workers’ pay.
Enterprise Engineering Services (EES) is looking to recruit new staff to its team in Aberdeen.
A group of 16 young apprentices have been left unemployed due to the demise of an Aberdeen offshore fabrication company last month.
Workers have been down manned from the Beatrice Alpha installation after a power failure. Wood Group said 17 non-essential personnel were taken of the installation following the incident. A total of 20 workers currently remain on board. For the full story, visit Energy Voice.
Wood Group has landed master services agreement (MSA) with Statoil.
Wood Group has laid off 2,500 people across its global operations so far this year as it scrambles to match its head count to lower activity levels.
Oil services firm Wood Group is to consult with around 1,000 UK onshore staff as it seeks to reduce its headcount by 300.
Wood Group is considering outsourcing its IT services function putting the future 168 staff jobs in doubt.
Wood Group has won a $500million contract with BP operated projects offshore Azerbaijan creating 200 new positions.
Wood Group is in consultation over jobs at the Sullom Voe Terminal in Shetland. The move comes after a previous round of job losses in October last year on the BP-operated Terminal. It’s understood 23 roles are up for consultation. For more on this story visit EnergyVoice.com