Wood Group subsidiary Wood Group PSN has put its money where its mouth is and announced plans to address cost escalation in the North Sea by reducing rates paid to its UK-based onshore contract workers. The firm said the move was in response…
Wood Group ODL has won a five year, multi-million pound contract to provide document control and information management services to BP's North Sea business. The contract was awarded through a competitive tender process and is effective January 2014…
Wood Group Mustang Canada has been awarded the detailed engineering and design of an integrated topsides facility as part of the White Rose Extension Project (WREP), offshore Newfoundland & Labrador, Canada. Subject to partner, company and regulatory approvals…
ABTechnology Ltd. and partner Enegi have signed an option agreement with energy services firm Wood Group PSN to increase its participation in the ABT Oil and Gas project. ABT Oil and Gas is a joint project by Enegi and ABTechnology to…
Det norske oljeselskap ASA has celebrated first steel cutting on both the topsides and jacket of its Ivar Aasen platform for the North Sea. Image: First steel cutting at Arbatax, Sardinia. First steel for the 14,400-ton jacket was cut at Arbatax…
UK-based engineering firm Wood Group will form a joint venture (JV) with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
UK-based engineering firm Wood Group is to form a joint venture with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
Wood Group PSN was awarded a contract by Esso Highlands Ltd., a subsidiary of Exxon Mobil Corp., to provide engineering, procurement, construction and maintenance services to support its Papua New Guinea (PNG) liquefied natural gas (LNG) operations…
Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…
Wood Group announced the acquisition of Intetech Limited ('Intetech'), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market. Formed in 1991, Intetech employs around 30 people…
OE talked to Steve Knowles, president and CEO of Wood Group Mustang, asking ‘what will be the most important things in the coming years?’Knowles: I think that, although it’s not the expected subsea technology of big projects, rather, it’s data integrity associated with the projects…
Allister Langlands will step up to chairman of Wood Group and Bob Keiller will replace him as CEO when longserving chairman Sir Ian Wood retires in November. Langlands joined the group in 1991, initially as financial director, then deputy CEO before succeeding Sir Ian as chief executive in 2007…
The potential of floating liquefied natural gas (FLNG) developments as an energy sector game changer is discussed here by MSC Kenny's Paul Jukes and Wood Group Mustang's Bryan Trocquet.According to the US Energy Information Administration (EIA)…
Mustang has acquired a majority stake in Latin American automation and control engineering and consulting firm ISI Solutions for an initial consideration of $5.2 million. The company will be rebranded ISI Mustang and will continue to be led by Pedro Santamaria and the existing management team.
Wood Group has launched a new company in Luanda in joint venture with its Angolan business partner Amílcar Nascimento. Wood Group Kianda, through which sister companies Mustang, Kenny and PSN will provide their services, kicks off with a contract…
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