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John Wood Group PLC

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  • Tuesday, 22 August, 2023
    Engineer Wood Group lifts guidance after ‘significant contract wins’

    Move comes despite UK oil engineering company posting 26% fall in first-half operating profits

    A mobile phone screen showing the logo of Wood
  • Monday, 15 May, 2023
    Apollo Global ditches months-long plans to delist Wood Group

    Shares of Scottish engineering services company plunge after private equity firm says it will not follow through with bid

    Wood Group logo
  • Monday, 17 April, 2023
    Lex
    Wood Group: weary shareholders should reap their reward Premium content

    Shareholders have rightly nudged the British engineering group back to the table

    British engineering company Wood Group
  • Tuesday, 7 March, 2023
    Apollo Global Management LLC
    Apollo’s fourth takeover offer ‘continues to undervalue’ Wood Group

    Scottish company says board is ‘minded to reject’ US private equity group’s latest proposal

    Wood Group logo
  • 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
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