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        Wood Group

        • Thursday, 23 February, 2023
          Lex
          Wood Group/Apollo: oil services group cannot ignore bidders forever Premium?content

          After years of drift, Wood Group finds itself on the sonar of private equity

          Wood Group logo
        • Wednesday, 22 February, 2023
          Apollo Global Management LLC
          Wood Group rejects three offers from Apollo

          London-listed energy services company has faced pressure from activist investor Sparta to boost share price

          Mobile phone with logo of British engineering company Wood Group logo
        • Friday, 26 August, 2022
          Investments
          Investors’ Chronicle: PureTech, RM, Wood Group

          Companies analysis from our sister publication

        • Tuesday, 23 August, 2022
          Wood Group order book fills up as clients seek to prolong projects

          Oil and gas services business says customers want to ‘extend life of installed assets’ amid energy security concerns

          Cargo vessels anchored offshore near oil platforms before heading into the Los Angeles-Long Beach port
        • Friday, 22 April, 2022
          Investments
          Investors’ Chronicle: Oxford Biomedica, Wood Group, Just Eat

          Companies analysis from our sister publication

        • Tuesday, 22 February, 2022
          Wood Group shares slide on $100mn charge and delayed results

          UK energy services company hit by rising losses on Aegis anti-missile defence project in Poland

          A mobile phone showing the logo of Wood Group
        • Friday, 12 November, 2021
          Wood Group launches review of infrastructure engineering consultancy

          Energy services group cuts earnings outlook citing pandemic project delays

        • Tuesday, 24 August, 2021
          Lex
          Wood Group: engineering a long pivot into green energy services Premium?content

          Strong book order bodes well for the medium term

          Offshore wind turbines
        • Tuesday, 24 August, 2021
          Wood Group suffers drop in revenue as investment decisions delayed

          Aberdeen-based engineering services company banks on upturn in remainder of the year

          A shallow water platform designed by Wood Group
        • Tuesday, 24 August, 2021
          City Bulletin
          Wood Group promises stronger second half Premium?content

          JD.com leads Chinese tech stock recovery and the UK’s broken labour market

        • Friday, 2 July, 2021
          Serious Fraud Office UK
          SFO strikes £103m prosecution agreement with energy group

          Amec Foster Wheeler Energy moves to settle historic corruption allegations involving middlemen around the world

        • Tuesday, 16 March, 2021
          Wood sets aside extra $151m to settle corruption probes

          Energy services group quadruples cost estimate for resolution with US, UK, Brazilian and Scottish authorities

          Wood Group logo
        • Tuesday, 18 August, 2020
          Oil & Gas industry
          Wood’s profits wounded by oil price slide

          Adjusted earnings come in at top of range as UK services group cuts debt

          Brent crude being poured out of a bottle
        • Sunday, 26 April, 2020
          Marc Cohodes
          Pump-and-dump stock trading needs new rules for the digital age

          Regulators should force promoters to hold their positions after touting them

          Whipping up hype and hysteria is an easy way to make quick, riskless profit. In my view, it is also wrong
        • Monday, 20 January, 2020
          News in-depthScottish economy
          Scotland considers a future without oil and gas

          Climate concerns add to debate over sustainability of production in North Sea

          A Greenpeace campaigner protests in front of a BP oil rig in the North Sea
        • Thursday, 16 January, 2020
          Lex
          John Wood: sun worshipper Premium?content

          Investors will be rewarded if the company can reinvent itself

        • Tuesday, 20 August, 2019
          Wood to offload nuclear business for £250m in debt cutting drive

          Sale of unit to Jacobs expected to reduce net debt to close to target levels

        • Thursday, 9 May, 2019
          FT People: Energy and mining
          Wood appoints oil and gas veteran Roy Franklin as chairman

          Long time energy executive currently chairs boards of Cuadrilla and Premier Oil

          John Wood Group: Pictured is the topsides and jacket for Elon shallow water platform in Equatorial Guinea, which were designed by Wood Group Mustang.
        • Tuesday, 19 March, 2019
          Wood’s debt cutting plans hit by oil price fall

          Services group returned to growth in 2018 but said deleveraging will be ‘more gradual than anticipated’

          John Wood Group: Pictured is the topsides and jacket for Elon shallow water platform in Equatorial Guinea, which were designed by Wood Group Mustang.
        • Tuesday, 21 August, 2018
          Oil
          Wood’s revenues swell on oil rebound

          Shares in FTSE 250 group rise 6% on upbeat outlook and sales growth

          Embargoed to 0001 Thursday September 7 File photo dated 16/03/07 of an oil rig in the North Sea. An additional 900 million barrels of oil could be extracted from the North Sea if companies can improve their operations, new estimates have suggested.
        • Monday, 28 May, 2018
          News in-depthOil
          Recovery of crude price gives hope to struggling oil services providers

          Industry had to deal with overcapacity and constant demands for customer discounts

          The Wood Group Piranema Salvador, Brazil May 2007 Clodoldo Oliveira
        • Tuesday, 20 March, 2018
          LexEU energy
          Wood Group: copper bottomed Premium?content

          There is a lot to be said for East Coast thrift

          Copper Smelting And Refining At An Aurubis AG Plant...Spools of copper wire sit in a storage yard ahead of shipping at the Aurubis AG metals plant in Hamburg, Germany, on Thursday, April 21, 2016. China has accumulated most of the world's copper stocks, with miners and investors trying to figure out what that means for future demand. Photographer: Martin Leissl/Bloomberg
        • Tuesday, 20 March, 2018
          Oil
          Wood highlights first earnings growth since 2014

          Oil services group benefits from improved activity in North Sea and US shale fields

          File photo dated 15/02/16 of oil rigs, as an industry expert suggests that oil platforms in the North Sea should be made clean and safe then left in position. PRESS ASSOCIATION Photo. Issue date: Wednesday January 10, 2018. Tom Baxter, a senior lecturer in chemical engineering at Aberdeen University, said the move would offer better value for money for taxpayers, while current decommissioning plans - which mostly require infrastructure to be removed - could do more harm to the environment than good. See PA story ENVIRONMENT Oil. Photo credit should read: Andrew Milligan/PA Wire
        • Tuesday, 20 March, 2018
          Energy sector
          Energy services company Wood swings to 2017 loss

          Bottom line dinged by one-off costs

        • Sunday, 19 November, 2017
          Energy sector
          Wood braced for investor showdown over chief executive pay

          Robin Watson in line to receive 25% increase despite profit fall and jobs cull

          robin-watson.jpg Robin Watson
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