Scottish energy services company awarded £250 million North Sea contract

A Scottish energy services company has been awarded a major North Sea contract to deliver operations to the Balmoral floating production vessel. Wood Group PSN received the £250 million contract and will provide onshore and offshore operations and maintenance services to the production vessel situated to the North East of Aberdeen. Robin Watson, UK Managing […]

Global energy firm to buy rival for £606m

International energy services company Wood Group is to acquire fellow global player Production Services Network for £606m. PSN will merge with Wood Group’s oil and gas production facilities business to create what will become the world’s leading brownfield production services provider, to be called Wood Group PSN. PSN’s chief executive Bob Keiller will head the […]