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 has secured a US$6 million contract with Woodside to support the execution of phase two of their Greater Western Flank (GWF-2) project, on the North West Shelf (NWS), offshore Western Australia. Effective immediately, Wood…
Wood Group has made changes to its executive leadership team. Andrew Stewart has been appointed chief executive officer (CEO) of the asset life cycle solutions (ALCS) business in the Western region and Michele McNichol has been appointed to the new role of executive president – integration…
Wood Group was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first project between the two companies…
Engineering house Wood Group has made a US$2.72 billion (£2.22 billion) offer for rival Amec Foster Wheeler in a move that could spark further consolidation in the market. The takeover bid comes just three years after Amec's 2014, $3…
Norway’s deepest yet oilfield development is bringing a string of firsts to the Norwegian Continental Shelf, not least when it comes to the field’s flowlines. Elaine Maslin reports. BuBi pipe fabrication at Vigra…
Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MOU) for joint efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS)…
Subsea cable and connector specialist Hydro Group appointed William (Bill) Mildon as president of newly formed Hydro Group Systems Inc. - a wholly owned subsidiary located in Pinellas County, Florida. Image of Mildon…
Wood Group has signed a collaborative agreement with the Canadian technology company Librestream Technologies. The two companies will work in an exclusive industry-specific partnership to provide advanced business solutions for operations…
UK-based engineering firm Wood Group has been awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services on the development of the Peregrino field wellhead platform C, offshore Brazil. Wood…
BP’s compiled data from last year has revealed that global energy consumption has slowed further, with the mix of energy sources shifting towards lower-carbon fuels. Image from BP. In…
Wood Group has been awarded four subsea contracts with Statoil on the Norwegian continental shelf (NCS). The latest award is a study to deliver subsea field concept engineering for the Snorre expansion project. This project will focus…
Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…
Almost 7000 visits were made to this week's Subsea Expo - Europe’s largest subsea event, held in Aberdeen, despite the industry facing its toughest year ever. The exhibition and conference, organized by Subsea UK, attracted just under 5000 individual delegates…
STATS Group, an Aberdeenshire-based pipeline technology company, has developed a flangeless subsea launcher (FSL) which can be positioned at any given position in depths of up to 2220m. The flangeless solution, can be lowered to the seabed…
