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Tag: Wood Group

Market updates

Wood and Faroe upbeat on oil prospects

Robin Watson
Wood Group and Faroe Petroleum have unveiled year end figures..

Contract with Aramco

Wood shares higher on Saudi Arabia deal

Robin Watson
Shares in Wood Group were 2.5% higher after the company said it had won a "multimillion-dollar" contract in Saudi Arabia.

£228m sale meets merger condition

Wood deal sealed as Amec Foster Wheeler sells assets

Robin Watson
Amec Foster Wheeler is selling the majority of its UK North Sea operations to WorleyParsons Europe..

Remedy accepted by CMA

Wood merger secures watchdog approval

Robin Watson
Wood Group's £2.2 billion merger with Amec Foster Wheeler will complete next month..

Amec merger on target

Wood Group profits fall 23% on oil slump

Robin Watson
Oil services company Wood Group has reported a 23% fall in underlying profits as a result of the downturn in the sector...

Energy group's overcome obstacle

Watchdog accepts Wood-Amec merger remedy

Robin Watson
Wood Group's merger with Amec Foster Wheeler has overcome a potential banana skin ..

Confirmation of probe

Wood target Amec confirms SFO bribery probe

Wood Group merger target Amec Foster Wheeler has confirmed it is being investigated by the Serious Fraud Office ...

Only modest recovery in some areas

North Sea remains challenging says Wood

Robin Watson
Trading in the North Sea remains challenging despite benefits of cost-cutting, says Wood Group...

CEO hails £2.2bn merger

Wood deal ‘will create global engineering leader’

Robin Watson
Wood Group chief executive Robin Watson said shareholder backing for its £2.2 billion acquisition ...

As I See It

Deals herald key phase for Scottish business

Terry smiling
Britain may be in the grip of election fever but there is some frantic behind-the-scenes campaigning going on to garner votes for three mergers involving Scottish companies...