UK-based engineering firm John Wood Group, also known as Wood, on Monday said it had reached agreements with authorities in the UK, Brazil, and the U.S. to resolve their respective bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business.The U.S. Department of Justice last week that Amec Foster Wheeler, a subsidiary of John Wood Group plc (Wood)…
Archer Knight, a market intelligence and consultancy firm headquartered in Aberdeen, Scotland, specializing in the offshore energy sector, has appointed Shaun Henry to its board as a non-executive director.'Bringing a wealth of experience from the oil and gas industry…
Oil and gas company Energean, focused on the development of its Karish gas field offshore Israel, has appointed engineering firm Wood's Chair Roy Franklin OBE as an Independent Non-Executive Director.Franklin will join Energean's Nomination and Governance Committee and its Environment…
Remotely operated vehicles specialist ROVOP has appointed Daniel Wheeler as its new President for the Americas, to lead the company in Houston as it prepares for its next phase of growth in the region both in oil and gas and in the emerging offshore wind sector there…
Offshore oil and gas exploration and production company Kosmos Energy has appointed Roy A. Franklin as a member of its Board of Directors, effective June 9, 2021. Franklin is a senior executive with more than 45 years in the energy industry…
Independent Oil and Gas (IOG), and oil and gas company focused on the UK North Sea, has has appointed David Gibson as its new Chief Operating Officer.'David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career…
Wood Plc's 2018 profit topped market expectations as the British oilfield and engineering services provider trumpeted the success of its 2017 takeover of smaller rival Amec Foster Wheeler and increased revenue synergies from the deal.Aberdeen…
Wood Group has completed its 'transformational' US$2.7 billion acquisition of Amec Foster Wheeler. Image from Wood Group. Meanwhile, WorleyParsons has entered into a binding…
Wood Group’s proposed US$2.72 billion deal to takeover Amec Foster Wheeler is closer to completion following approval from the Mexican antitrust commission today (15 September). Watson. Image from Wood Group…
Premier Oil has revealed that Roy Franklin will join the company's board as non-executive chairman, taking over from Mike Welton, on 1 September. Welton has served as chairman for eight years and announced in March that he would step down from the board on appointment of a successor…
WorleyParsons has been awarded the project management and front end engineering and design (FEED) services for the offshore oil and gas facilities portion and the onshore upstream and downstream pipelines portion of Saudi Aramco’s Marjan oil field development program…
Wood Group's proposed US$2.7 billion takeover of Amec Foster Wheeler has been overwhelmingly approved by shareholders at both companies, paving the way for the merger to be complete by this year. Image from Amec Foster Wheeler…
Image or Marjan, from Amec. Amec Foster Wheeler has been awarded a contract by Saudi Aramco, for facilities required as part of the integrated oil and gas expansion of the Marjan…
Amec Foster Wheeler’s completions and commissioning company, qedi, has signed an extension of its global Master Service Agreement with BP, which it has successfully delivered since 2012. The new contract with BP will run for two years through till December 2019…
The oilfield service (OFS) industry can, at times, be intimidating in its complexity and depth. Furthermore, mega-mergers (e.g. GE – Baker, Technip – FMC, Wood Group – Amec Foster Wheeler) have created a supply chain that no-longer has homogenous…
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