Wood Group


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Wood Group’s Acquisition of AMECFW will create a dominant player in a fragmented market

  Today, Wood Group announced the acquisition of Amec Foster Wheeler. This merger will create a clear market leader within the engineering and MMO-market, with a market share twice as large as its competitors. With a combined workforce of 64,000, it will rank as one of the top 15 oilfield service ...

Julia Weiss


Posted 9 days agoOpinion > Rystad EnergyWood Group

Oil price, Wood Group/Amec, Cape, Range Resources, Catch up sundry-Amerisur-President-IGas-Premier- And finally...

Oil price The CERA conference in Houston has a lot to answer for, as it managed to get enough people in the industry thinking that Opec couldn't hold together and then wouldn't rollover in June, cue the spivs head for the door panicking about their overweight positions. To be fair, the inventory s ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > Malcy's BlogWood GroupAMEC +6

Wood Group begins second site work phase for new Sofidel paper products facility

Wood Group has begun the second of two site construction services contracts to support development of a new tissue production site for Sofidel in Central Ohio . Wood Group has been subcontracted by Gray Construction , the construction firm selected to design and build the new Sofidel facility, ...

OilVoice Press


Posted 15 days agoPress > Wood GroupSofidel

Oil price, Wood Group, And finally…

Oil price A weak dollar ahead of the Fed meeting helped in a quiet market with the US closed for Presidents Day. Net long positions have crept up to another high and with the data from Saudi Arabia confirming the cutbacks, the price picked up. A short blog today as I am off to see a couple of com ...

OilVoice Press


Posted 1 month agoOpinion > Malcy's BlogWood Group

Oil price, Chrysaor, Wood Group, SOCO, And finally…

Oil price We might get a few down days albeit of a modest nature, the reason is that as the month ends scribblers galore will start guessing what January production was and how short of the 1.2m b/d target it is. First up today is Petro-Logistics who think that it was down by 900/- b/d which, shou ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Malcy's BlogChrysaorWood Group +1

Wood Group secures new contract with Hess in Malaysia

Wood Group has been awarded a five year contract with Hess Exploration & Production Malaysia. The operations and maintenance contract is to support Hess' new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150km north east of the Peninsul ...

OilVoice Press


Posted 1 month agoPress > Wood GroupHess CorporationMalaysia

Oil price, Tullow, Sundry-Wood Group-President- And finally…

Oil price Another down day as one might expect, this process is going to take some time and it wouldnt be normal if a combination of greedy hedgies and short term ambulance chasers didnt knock the market some days. The last couple of days have been all about Iraq and the extent to which they are c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > Malcy's BlogTullowWood Group +1

Wood Group secures multi-million dollar framework agreement with Saudi Aramco

Wood Group has secured a five year, multi-million dollar framework agreement to continue to provide engineering and project management services to Saudi Aramco's onshore capital programmes in the Kingdom of Saudi Arabia. Effective immediately, the contract also includes three, one year extension o ...

OilVoice Press


Posted 2 months agoPress > Wood GroupSaudi Aramco

Wood Group and Heerema Fabrication Group sign Memorandum of Understanding

Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MoU). The companies will join efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS). Bringing together Wood ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Wood GroupHeerema Fabrication GroupMemorandum of Understanding

Wood Group announces directorate change

John Wood Group PLC announces the following board appointment. Jacqui Ferguson joins Wood Group as a non-executive director on 1 December 2016 and will also join the Board's Nomination and Audit committees.  Jacqui is currently SVP & General Manager of Hewlett Packard UKI & MEMA, a role she has h ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Wood GroupUnited KingdomPeople on the Move

Wood Group: Revised Reportable Segments - Historical Analysis

Following the reorganisation and repositioning of Wood Group during 2016, and as announced at the interim results on 16 August, Wood Group will change its reporting to align reportable segments with our new operating structure effective July 2016. The new operating structure reflects a move to an ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Wood GroupUnited Kingdom