Wood Group wins UK nuclear project contract

Wood Group has won a contract to provide technical assistance for a nuclear power project in the UK. It is supporting General Nuclear System (GNS) Limited, a joint venture between EDF Energy and China General Nuclear Power Corporation (CGN) as it seeks preliminary regulatory assessment of a reactor proposed for Bradwell in Essex. The Office […]

Wood Group wins French nuclear decommissioning work

An engineering and technical services firm has been awarded a waste recovery contract by the French Government’s nuclear agency. Wood Group will work to recover and package low-level radioactive waste from a storage silo at a major nuclear site in France at the request of the French Alternative Energies and Atomic Energy Commission (CEA). It […]

CMA accepts remedy proposals for Wood Group-Amec Foster merger

The competition watchdog has accepted proposals to resolve concerns about Wood Group’s purchase of Amec Foster Wheeler. The news comes after the Competition and Markets Authority (CMA) last month warned the proposed £2.2 billion takeover of the oil services firm by its larger rival raises concerns in the supply of engineering and construction services and […]

Competition watchdog concerned about Wood Group-Amec Foster merger

The UK’s Competition and Markets Authority (CMA) has warned the proposed £2.2 billion takeover of oil services firm Amec Foster Wheeler by its larger rival Wood Group raises “competition concerns”. It has been investigating the planned merger of the two companies, which supply engineering services to the upstream offshore oil and gas sector. Its initial […]

Wood Group secures £40m Premier Oil contract

Wood Group has won a £40 million contract to provide operations and maintenance services in the North Sea. It has been awarded by Premier Oil for its Balmoral floating production vessel (FPV) in the Central North Sea and the Solan installation, West of Shetland. The two-year contract– which has three, one year extension options – […]

Oil and gas service firms in £2.2bn merger

Amec Foster Wheeler (AFW) has agreed to a £2.2 billion share-only takeover from Wood Group. The two firms will merge into a single £5 billion business, which will provide services to the oil and gas, alternative energy, chemicals and mining industries. Wood Group said it expects opportunities for cost and revenue synergies in the region of […]

North Sea oil workers protest at Shell’s offices over pay

  North Sea oil workers gathered this morning in front of Shell’s offices in London to protest over plans to cut pay. The demo followed a strike in July when around 400 offshore oil and gas workers employed by Wood Group and spread across seven Shell platforms, went on strike for 24 hours. The demonstration, […]

UK energy services firm wins £36m Azerbaijan contract

Aberdeen-based energy services company Wood Group has bagged a £36 million contract with BP in Azerbaijan. The deal will cover engineering and project management services for the Shah Deniz gas field in the South Caspian Sea off the coast of Azerbaijan. Last year a group of companies led by BP signed a multi-billion dollar deal […]

EU approves Siemens-Wood Group energy venture

The European Commission has approved a joint venture between German industrial giant Siemens and UK energy services firm Wood Group. Last year the two companies proposed to create a global rotating equipment service business, with the Aberdeen-based oil services company planning to roll some of its maintenance and power operations into Siemens’ TurboCare unit. TurboCare […]

Wood Group wins £40m North Sea contract extension

An Aberdeen-based energy services firm has secured a £40 million contract extension for one of its longest running projects in the North Sea. Wood Group PSN (WGPSN) said it will continue to provide operations and maintenance services to ConocoPhillips’ offshore assets (pictured) in the Southern and Central North Sea and the onshore Theddlethorpe gas terminal […]