Wood group news release. 2 Jan 2025 09:39 IN BRIEF: John Wood .
Wood group news release Aug 15, 2023 · Wood, a global consulting and engineering company, has been awarded a contract extension to October 2025 for brownfield engineering, procurement, and construction management (EPCm) by Woodside Energy (Woodside), to support ongoing operations of the North West Shelf (NWS) Project in Australia. October 30, 2024. Aug 6, 2024 · CHESSWOOD GROUP LIMITED LENDERS OBTAIN COURT ORDER FOR CCAA PROCEEDING. The sales of the whole Metsä Group were EUR 6. Wood, the global engineering and consultancy company, has been appointed as an engineering partner in a five-year partnership framework agreement with Sasol South Africa (Pty) Ltd (Sasol). (“Apollo”), on behalf of certain investment funds managed by it, announced that it had submitted to the Board of Wood a fifth proposal to acquire the entire issued and to be issued ordinary share capital of Wood at a final price of 240p per share in cash (the “Final Proposal”). (NYSE: KBR) have secured a new multimillion dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia’s Crux project to build a not normally manned (NNM) platform and gas export pipeline located approximately 600km north of Broome, offshore Western Australia (WA). This announcement has been made without the consent of Apollo. 24 20 November 2024 Toys for Joy: Canary Wharf’s ELBA Toy Appeal Returns for Another Year of Christmas Cheer – 20. Jan 2, 2025 · Wood has struggled to cut its borrowing levels since its £2. News & insights Featured Wood and Harbour Energy agree new $330m strategic partnership How we bring value We work to optimise operations, enhance production and minimise emissions. Despite reporting a significant net loss and undertaking substantial write-offs, Wood Group reaffirmed its guidance for the year and provided a clear outlook for 2025. Sep 1, 2021 · Wood announces the appointment of Ken Gilmartin as new Chief Operating Officer (COO) and the latest member of the executive leadership team. Metsä Group’s parent company Metsäliitto Cooperative is owned by more than 90,000 Finnish forest owners. 25 billion standard cubic feet per day (bscfd) of natural gas to the Corpus Christi Liquefaction and LNG Export Terminal, located along the La Quinta Wood, the global consulting and engineering company, has launched a significant digitally-forward project with Röhm, a leading methacrylate manufacturer, where project work will be fully integrated with state-of-the-art technology solutions provided by AVEVA, a global leader in industrial software. As we continue to strengthen our presence and reputation as a leading engineering partner in the region, we are pleased to open our third office in the United Arab Emirates (UAE). Press release Wood Consulting drives over €1 billion in clean energy investment across Europe Wood to support one of the world’s largest offshore wind to grid connection projects Wood has been awarded two new contracts by Woodside to deliver engineering and rig modification services offshore Australia and a concept definition study for the Julimar Phase 2 project. Note 8: Headcount is a measure of total employees working for Wood, including Wood employees and contractors. MJBWOOD. Ken Gilmartin, CEO, said: “We are now in the second year of our growth strategy and are making good progress, with EBITDA growth, margin expansion and an order book 9% higher than a year ago. May 24, 2024 · John Wood Group PLC ("Wood" or the "Group") On 21 May 2024 the Board of Wood (the "Board") received a third unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") for a cash offer of 220 pence per Wood share (the "Third Proposal"). Oil & Gas Industry Today. Mar 21, 2024 · Oil engineering and consulting company Wood Group plans to cut hundreds of jobs, an insider told Sky News. Under the scope of this project, the Petrobrazi refinery in Romania will become the first major production facility for sustainable aviation fuel in the Jan 12, 2024 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the year ended 31 December 2023 (‘FY23’). Projects will secure critical energy supplies from existing assets, while enabling developments that meet the pace and demand for new Mar 9, 2020 · Jacobs has completed its acquisition of Wood Nuclear, part of John Wood Group (LSE: WG), for an enterprise value of approximately £250 million ($325 million). 25, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”) (Nasdaq: NWGL), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced its Chinese subsidiary Foshan City Linjia Technology Company Limited (“Linjia Tech”) has entered into a framework agreement (“Framework Agreement Oct 3, 2023 · Wood, the global consulting and engineering company, today signed a collaboration agreement with OMV for the commercial licensing of its innovative plastic recycling technology, ReOil®. The transaction enhances Jacobs' credentials as a global leader of total lifecycle nuclear services and technology-enabled solutions, providing strategic support to clients' mission-critical defense and clean energy priorities, nuclear Oct 22, 2024 · Wood, a global leader in consulting and engineering, will support Australian ASX-listed medical device company, PolyNovo Limited (PolyNovo), to significantly increase production capacity of its wound treatment medical devices. Sep 16, 2024 · Wood, a global leader in consulting and engineering, has been awarded the front-end engineering design (FEED) for a long-haul, large diameter liquids-rich natural gas pipeline project in the United States. 18, 2023 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), a global leader in vertically-integrated forestry and FSC business operations, today disclosed its unaudited financial results for the six months ended June 30, 2023. Jan 30, 2024 · Wood, a global leader in consulting and engineering, has recorded excellent growth in the Middle East region, securing $850 million in contract wins in 2023. On 5 June 2024, the Board of Wood (the "Board") announced its decision to grant Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") access to due diligence materials in order to explore whether a firm offer could be made on the same financial terms as the fourth proposal submitted to the Board and Macau, China, Sept. Jun 22, 2021 · ELKHART COUNTY, Ind. L) stock quote, history, news and other vital information to help you with your stock trading and investing. The Wood plc investor website includes investor information, annual results, corporate governance and more. Wood has been awarded a new contract by Duqm Refinery and Petrochemicals Industries Company (DRPIC) to provide FEED (front-end engineering design) for a proposed onshore petrochemicals facility at the Special Economic Zone Area Duqm (SEZAD) in southern Oman. 2 days ago · Keep up-to-date on the latest happenings in the woodworking industry. John Wood Group PLC ("Wood") announces that Catherine Michel will join the company’s Board as a Non-Executive Director on 10th May 2024, following the conclusion of Wood’s 2024 annual general meeting. Wood Group’s new ordinary shares will be admitted to the premium segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange with effect from 8. 1585 High Meadows Way, Cedar Hill, TX 75104 • WWW. Aug 20, 2024 · *See notes on page 4. Delivering financial returns. Sep 4, 2023 · Wood, a global consulting and engineering company, and Harbour Energy (Harbour), the UK’s largest oil and gas producer, have entered into a new strategic partnership for UK North Sea operations agreeing a new master services agreement (MSA) and associated contracts valued at around $330 million. May 29, 2024 · John Wood Group PLC ("Wood" or the "Group") Response to Sidara’s announcement. In November 2017, the two companies entered a memorandum of understanding demonstrating Wood’s continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia. Wood has strengthened its position across the Carbon Capture Utilisation and Storage (CCUS) value chain through a series of new wins in the first half of 2021. The JV will combine Wood’s engineering and technical services capabilities with Nobel Oil’s local knowledge and expertise in the Caspian region. Sep 29, 2022 · Wood has been awarded two significant offshore contract extensions in Brazil. In addition to its extensive engineering, procurement and construction track record, Wood has provided advisory solutions for over 13 years and developed world leading guidelines for the renewables sector, including the IFC solar guidebook. Wood is contracted to provide construction and mechanical services. Oct 16, 2024 · Wood, a global leader in consulting and engineering, is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable Carbon Capture, Utilisation and Storage (CCUS) projects. The Board of Wood (the “Board”) notes the recent announcement by Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") and confirms that today it has received a fourth and final, unsolicited, preliminary and conditional proposal from Sidara for a cash offer of 230 pence per Wood share (the Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. Wood is pleased to announce the creation of the role of Chief Marketing & Communications Officer (CMCO) with the appointment of Paula Murphy, who joined Wood on 6 August. This agreement will support significant advancements in chemical-based plastic recycling, helping to build a circular economy solution for end-of-life plastics that would otherwise be sent to landfill or waste Oct 3, 2024 · This project will be executed out of Wood’s Houston office, with local support in Rio de Janeiro, and will leverage the company’s marine systems and hull offshore expertise in Sandefjord, Norway. Mar 2, 2015 · Wood Group is an international energy services company with around $7bn sales, operating in more than 50 countries. 6 billion, and we have approximately 1,700 employees. For further information: Simon McGough, President, Investor Relations +44 (0)7850 978 741 MACAU, Sept. Dec 17, 2024 · Wood has secured a record $920 million of strategic wins across the Middle East in 2024. Steve Nicol, Executive President of Operations at Wood, said: “Wood is committed to Brunei; the people, the communities and the country's continued focus on providing safe, reliable, sustainable energy. Aug 28, 2024 · As part of Wood’s previously announced disposal programme of non-core businesses, the Group has signed deals for the sale of its stake in Ethos Energy Group Limited (‘EthosEnergy’), a joint venture focused on rotating equipment, and CEC Controls Company Inc (‘CEC Controls’), an industrial and process control systems business, in the Dec 20, 2021 · Wood, the global consulting and engineering company, has further strengthened its position as the leading partner for operations solutions in the UK North Sea following a series of contract awards with key clients in the fourth quarter of 2021, including Shell UK and Dana Petroleum. Dec 11, 2014 · News from wood group A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health Oct 26, 2021 · Wood, the global consulting and engineering company, has been awarded the consenting and environmental assessment and front-end engineering design (FEED) contracts for Cadent’s HyNet North West, an innovative project that aims to unlock a lower carbon economy for the North West of England and North Wales. Our partnership with Tendrill further strengthens the services we provide for our clients, and our record of outstanding performance, safe Apr 4, 2023 · Private equity firm Apollo Management has made what it said was a final offer to buy John Wood Group for 1. Sep 14, 2023 · --Nature Wood Group Limited, a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the closing of its initial public offering of 750,000 Nov 2, 2021 · Wood is advancing a project for Renewable Energy Group (REG) that will expand REG’s renewable diesel fuel offering to help meet the world’s growing demand for lower-carbon, sustainable fuels. $8. Dec 18, 2023 · Nature Wood Group Limited Announces Partial Exercise of the Underwriter’s Over-Allotment Option Sep 25, 2023 Nature Wood Group Limited Announces Strategic Cooperation with the Research Institute of Wood Industry, Chinese Academy of Forestry, Launching Its Biomass Supramolecular New Materials Innovation Project Wood Group shares hold steady despite large write-off. ("Apollo") notes the announcements by Wood on 22 February 2023, 7 March 2023 and 17 March 2023. Jun 5, 2024 · John Wood Group PLC ("Wood") On 29 May 2024, Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") announced that it had submitted a fourth proposal to the Board of Wood (the "Board") to acquire the entire issued and to be issued ordinary share capital of Wood at a final price of 230p 1 per share in cash (the "Final Proposal"). Gilmartin joins Wood as a direct replacement for existing COO, Dave Stewart, who will retire at the end of the year following an illustrious 25-year career at Wood. They include the provision of operations services for Trident Energy and maintenance solutions for Equinor. The engineering and rig modification services will be executed under a three-year non-exclusive outline agreement, which has two one-year extension options Wood has entered into a new, three-year engineering framework agreement with Norway-based NEL Hydrogen, aligning with the company’s ambition to unlock sustainable solutions to global energy challenges. Paula joins Wood from Arcadis where she was Global Head of Marketing & Communications and successfully built and led the marketing & communications team and contributed to Jul 3, 2024 · John Wood Group PLC ("Wood") Extension to Put up or Shut up Deadline. Covers offshore and onshore assets within the upstream, midstream and downstream markets plus CCUS, hydrogen and renewable energy projects. Stay informed with the latest financial and regulatory news, providing home for all financial and compliance updates. “We will leverage our strong footprint in the Middle East, specifically our Abu Dhabi hub, bringing together our in-country support teams and engineering capabilities Wood has secured a $130m (A$189m) three-year contract extension with Melbourne Water to continue to provide maintenance and capital works for clean and wastewater treatment works, pumping stations and sewage trunk systems until 2022. 5% jump in its first-half adjusted core earnings on Tuesday aided by improved pricing MACAU, Sept. Highlights. John’s, Newfoundland and Labrador. 8 billion. News & insights Featured Wood and Harbour Energy agree new $330m strategic partnership Nov 7, 2024 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the quarter ended 30 September 2024 (‘Q3’). The two-year extension builds on a long-term and global partnership with Equinor, where Wood supports operations in the United Kingdom, Norway and Brazil. Aug 2, 2023 · Wood, a global consulting and engineering company, has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell's global projects. Oct 10, 2024 · In 2023, our sales totalled EUR 0. David brings over 35 years of experience from across global engineering and technology companies. This offer price is final*. John Wood Group PLC (‘Wood’) today announces that agreements have been reached with the Serious Fraud Office (‘SFO’) in the UK, the Department of Justice (‘DOJ’) and Securities and Exchange Commission (‘SEC’) in the US, and the Ministério Público Federal (‘MPF’), the Comptroller General’s Office (‘CGU’) and the Jul 31, 2024 · UK's John Wood Group on Wednesday extended the deadline by which Dubai-based engineering and consulting firm Sidara would need to make a firm offer for the company to not later than August 9. The bumper number of contract wins are across the region - from Iraq, Kuwait, Oman, Qatar, the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), where Wood recently opened its third office in Sharjah. 1 billion at 31 May 2022 Jun 21, 2022 · John Wood Group PLC (‘Wood’ or ‘the Company’) announces the appointment of Ken Gilmartin as Chief Executive Officer (CEO), effective from 1 July 2022. The company recently appointed new subsea & export systems manager, Gail Henry, in the region to build additional capability and serve customers locally. Ken Gilmartin, CEO, said: “These results demonstrate continued progress on our turnaround. Dec 12, 2024 · Wood has secured a contract worth around $17 million from a leading petrochemical company in the Middle East to improve efficiency and reduce emissions on a process manufacturing plant. Discover our commitment to providing security of supply on both local and international levels through our midstream assets in the oil & gas industry. Feb 13, 2011 · HOUSTON, TEXAS---February 13, 2011---GE (NYSE: GE) announced today that its Oil & Gas business has entered into an agreement to acquire the Well Support division of John Wood Group PLC ("Wood Group") for approximately $2. HY24 highlights Adjusted EBITDA of c. Questions? +1 (202) 335-3939 News articles Press releases Market Reports News sections The evolution of this technology builds upon Wood’s extensive track record in hydrogen production, having designed and built over 120 hydrogen plants globally. Feb 22, 2023 · John Wood Group PLC ("Wood" or the "Group") The Board of Wood notes the recent speculation and confirms that it has received three unsolicited, preliminary and conditional proposals from Apollo Global Management, Inc. This expansion, made possible through a strategic long-term agreement with Bucher Industries, represents the company’s commitment to enhancing its Apr 26, 2011 · The John Wood Group PLC Well Support division, which has over 3,800 employees globally and operates approximately 20 manufacturing and multiple sales and service centers worldwide, is comprised of three business platforms -- ESP (electric submersible pumps), Pressure Control (surface wellheads and trees) and Logging Services - which, combined The organisation, a subsidiary of Wood, will now be known as rhi. May 9, 2024 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the quarter ended 31 March 2024 (‘Q1’). 0005 MJB Wood Group Announces the Opening of New Facilities in Mexico City and Puebla, Mexico Mar 28, 2023 · Order book disclosure is aligned with the IFRS definition of revenue and does not include Wood’s proportional share of joint venture order book. . Ken’s appointment follows an extensive selection process that considered both internal and external candidates. 1 billion) in cash, after the British oilfield services and May 15, 2023 · Aberdeen-based Wood's shares were down by 34%, at just over 144 pence, at 15:00. Wood has been awarded a $20 million contract from SNF Floquip (SNF) to provide maintenance and supplemental project services at its chemicals manufacturing facilities located in Plaquemine, Louisiana and Pearlington, Mississippi. The Group is built on our Core Values and has three businesses - Wood Group PSN, Wood Group Kenny and Wood Group Mustang - providing a range of engineering, production support, and maintenance management services to the oil & gas May 15, 2023 · On 4 April 2023, Apollo Management Holdings, L. Jul 13, 2023 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the half year ended 30 June 2023 (‘HY23’), and quarter ended 30 June 2023 (‘Q2’), including the headline draft financial results. Positive operational momentum: Strong order book growth, up 18% YoY and 5% YTD to c. Apollo Management Holdings, L. 24 Dec 5, 2024 · Wood, a global leader in consulting and engineering, has signed three major agreements with bp to provide engineering and project delivery services for their capital projects worldwide. COM • 972. Good trading in the first half of the year across all business units Nov 7, 2024 · (Sharecast News) - John Wood Group announced on Thursday that it has completed the sale of its 51% stake in EthosEnergy Group to private equity firm O 2 Jan 2025 09:39 IN BRIEF: John Wood Jan 12, 2023 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the year ended 31 December 2022 (‘FY22’), including the headline draft financial results. 2 billion acquisition of London-based Amec Foster Wheeler in 2017. As clients focus on aligning their operations to support a net-zero future, Wood has secured more than 20 individual CCUS related contracts since the beginning of the year to accelerate Wood has secured a new contract with INEOS in excess of $100 million to deliver engineering, procurement, and construction management (EPCm) services for Project One, a new state-of-the-art petrochemicals complex in Antwerp, Belgium, which will deliver an ethane cracker with the lowest carbon footprint in Europe. Wood has been involved with the project since 2019, providing concept, pre-front end engineering design (pre-FEED) and front-end engineering design (FEED) packages. 17 Apr 2023 Nov 6, 2024 · John Wood Group PLC (' Wood ' or ' the Group ') announces a trading update for the quarter ended 30 September 2024 (' Q3 '). 12, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the pricing of its initial public offering (the “Offering”) of 750,000 American Depositary Shares (“ADS”) at a price to public of US$9 per ADS for the total offering The person responsible for arranging the release of this announcement on behalf of Wood is Martin McIntyre, Group General Counsel and Company Secretary. Ken Gilmartin, CEO, said: "We continue to make progress on our turnaround, building a simpler, higher quality Wood. John Wood Group PLC ("Wood") announces that David Lockwood OBE will join Wood as a Non-Executive Director on 12 March 2024. Oct 23, 2024 · Wood has been present in the Middle East for over 90 years, delivering large-scale energy projects across the full asset life cycle. Dec 1, 2023 · Canary Wharf Group Opens Doors at Wood Wharf to Inspire Next Generation of Construction Professionals – 28. Dec 18, 2023 · NEW YORK, Dec. P. Wood is further strengthening its automation and control business by integrating Automated Technology Group (ATG) and CEC Controls (CEC) into its global brand Wood has worked with Saudi Aramco for more than 30 years. Ken Gilmartin, CEO, said: “We continue to make progress on our turnaround, building a simpler, higher quality Wood. Feb 8, 2022 · As part of the agreement, Abdul Jalil Maraicar, Group Managing Director of ICE Petroleum, will become a majority shareholder of Wood Group Engineering Sdn Bhd, which will trade under the name ICE Wood. rhi specialises in providing project services to energy and natural resource customers with global expertise in quantity surveying, estimating and projects controls, contract management and recruitment. A resource for staying ahead on all things Wood plc Dec 11, 2024 · NZT Power is expected to create more than 3,000 construction jobs and then generate 1,000 jobs during operations. ("Apollo"), regarding a possible cash offer to acquire the entire issued and to be issued ordinary share capital of Wood. Full headline results are shown on pages 13, 14 and 20. Woodworking Network provides news & updates for the professional woodworking and closets & organized storage industries in Find the latest John Wood Group PLC (WG. Results for FY22 in line with guidance for revenue, adjusted EBITDA and net debt Wood Group is pleased to announce that it has completed the acquisition of Amec Foster Wheeler. Key highlights. Jul 7, 2022 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the six months ended 30 June 2022 (‘HY22’), including the headline draft financial results. Aug 28, 2024 · UK engineering company John Wood Group has sold two businesses for $165mn as it seeks to persuade investors of its future as a standalone company, following two collapsed takeover bids in just Mar 7, 2023 · The person responsible for arranging the release of this announcement on behalf of Wood is Martin McIntyre, Group General Counsel and Company Secretary. About Wood Fiber Group Wood Fiber Group is the leading North American manufacturer and supplier of industrial saw blades, machine knives, filing room equipment, sharpening services and vocational training to the lumber , pulp, and wood biomass industries , with a history dating back to 1832. Wood to partner with Chevron on global engineering and project delivery after signing a 10-year master services agreement. Follow Metsä Wood: Facebook | LinkedIn | Instagram | Pinterest Apr 11, 2024 · Wood has been selected as a contractor by Net Zero Teesside Power (NZT Power) and Northern Endurance Partnership (NEP) for integrated project management services. Mar 12, 2021 · Wood has secured a multimillion dollar construction contract from IR1 Group LLC, which is building the Red Rock Biofuels facility in Lakeview, Oregon. Dec 7, 2023 · MJB Wood Group, LLC, a leading manufacturer and distributor of industrial wood products, is proud to announce its latest strategic expansion in Mexico with the opening of a new facility in Tijuana. Accessibility. We partner with our clients to design, engineer, operate and maintain the most complex assets in the world, in the harshest of environments, providing solutions across the asset life cycle from concept to decommissioning. Title: Microsoft Word - 4 - Wood Fiber Group Merger - Press Release (V4) Author: dpurinton Created Date: 10/15/2021 10:22:46 AM Wood and KBR, Inc. Shares of John Wood Group (LON:WG) held steady on Tuesday following the company’s release of its first-half results. The 18-month project includes a compressor station and five meter stations, which will deliver up to 2. Press Control-F10 to open an accessibility menu. m. The oilfield and engineering services firm said the probe will be focused on "reported positions on contracts in projects, accounting, governance and controls". Andy Hemingway, Executive President of Wood Consulting, said: “The potential of hydrogen as an energy vector has become a key factor in achieving a low-carbon future. Marla Storm and Michael Rasmuson will join Wood as Chief Human Resources Officer (CHRO) and Group General Counsel respectively. 14, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the closing of its initial public offering (the “Offering”) of 750,000 American Depositary Shares (“ADS”) at a price to the public of US$9 per ADS for gross proceeds May 8, 2024 · John Wood Group PLC ("Wood" or the "Group") The Board of Wood notes recent speculation and confirms that it received an unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara"), regarding a possible cash offer to acquire the entire issued and to be issued ordinary share capital of Wood (the "Proposal"). Wood joint venture Massy Wood is staffing up its local presence to meet increased customer demand for subsea oil and gas development solutions in Trinidad and Tobago. May 16, 2024 · John Wood Group PLC ("Wood" or the "Group") On 8 May 2024, the Board of Wood (the "Board") announced it had unanimously rejected an unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara"), regarding a possible cash offer to acquire the entire issued and to be issued ordinary share capital of Wood (the "Initial Proposal"). Wood, the global consulting and engineering company, continues to expand its operations in the Southern North Sea with the award of a new operations and maintenance contract with Shell UK (SNS) and Nederlandse Aardolie Maatschappij (NAM). Jul 31, 2024 · John Wood Group PLC ("Wood") Extension to Put up or Shut up Deadline. The source said that around 200 jobs are at risk as part of new money-saving measures as the company prepares to release its full year results on 26 March. 11. Sep 28, 2022 · bp awards Wood $350m multi-region engineering services contract for its offshore energy production assets to ensure energy security and promote efficient, safe and reliable asset performance and production. In a Stock Exchange statement , Wood's management expressed confidence in its strategic direction. Ken Gilmartin,CEO,said: “We are now one year into our strategic growth journey and our results continue to show clear progress. Jul 2, 2024 · Wood will deliver a comprehensive concept study for the Greater Sunrise Development, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content. Our strategy continues to deliver higher EBITDA and a larger order book, and we are improving the quality of our business with better pricing and higher margins. The agreement is to support Sasol’s portfolio of assets across South Africa. On 5 June 2024, the Board of Wood (the "Board") announced its decision to grant Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") access to due diligence materials in order to explore whether a firm offer could be made on the same financial terms as the fourth proposal submitted to the Board and Wood Group has completed engineering services to Cheniere Corpus Christi Pipeline, L. Feb 22, 2023 · The contract, awarded by the Pathways Alliance, will support the engineering and design of an approximately 400-kilometre main transportation line and laterals linking oil sands facilities in Fort McMurray, Christina Lake and Cold Lake regions with a subsurface carbon sequestration hub near Cold Lake. Dec 20, 2023 · John Wood Group PLC (‘Wood’ or ‘the Company’) today announces the changes to its Executive Committee with the appointment of two new executive leaders. 16, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”) (Nasdaq: NWGL), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced that Prime Number Capital LLC, as underwriter of the Company’s initial public offering (“IPO”), has partially exercised the over-allotment option to Jul 11, 2024 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the half year ended 30 June 2024 (‘HY24’). Apr 4, 2023 · 4 April 2023. “Wood has delivered significant projects to ADNOC group companies for more than four decades including PMC, FEED, studies and engineering, procurement & construction services. Wood, the global engineering and consultancy company, has been awarded the Principal Designer and Pre-FEED scope for Salamander, the 100MW floating wind farm development located 35km off Peterhead in the East Coast of Scotland. Apr 3, 2024 · Steve Nicol, Wood’s Executive President of Operations, said: “This is an important leadership appointment as the Americas continues to be a high-growth region for Wood. The group is now in the middle of a three-year turnaround strategy Nov 7, 2024 · Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter Feb 23, 2023 · Engineering giant Wood opens door to takeover bid The company says it will open its books for scrutiny by a US firm, after rejecting earlier offers. (London time) today, 9 October 2017. Wood will work collaboratively with engineers, scientists and researchers from Petrobras, many of whom are based at the Rio de Janeiro headquarters. Wood has been awarded a new contract by Evonik to deliver engineering, procurement and construction management (EPCM) services for the Group’s new polyamide 12 (PA12) production complex, to be built at the Marl Chemical Park, Marl, Germany. He will be appointed as Director of the company and will have responsibility for driving strategic growth and development of the business. To date, Wood has delivered over 200 solar projects across the globe, including 35GW of solar PV projects. Ken Gilmartin,CEO,said: “We have delivered another quarter of strong growth in revenue and EBITDA as we continue to execute against the growth strategy we set out a year ago. Wood and Nobel Oil have entered into a joint venture (JV) agreement to provide engineering and operations support services to the oil and gas market in Azerbaijan. Craig Shanaghey, Wood’s President of Operations for Europe, Middle East and Africa, said: “I am delighted to be able to announce our new partnership with Spirit Energy which will see Wood apply our decades of experience in intelligent operations, maintenance and integrity solutions to deliver a sustainable next chapter for the field. , June 22, 2021 /PRNewswire/ -- MJB Wood Group, LLC, a leading manufacturer and distributor of industrial wood products, is holding a ground-breaking ceremony today for a new The person responsible for arranging the release of this announcement on behalf of Wood is Martin McIntyre, Company Secretary. $210 million was up around 4% with margin expansion more than offsetting expected lower revenue Aug 20, 2024 · Aug 20 (Reuters) - British oilfield services and engineering firm Wood Group , opens new tab posted an 8. Jun 10, 2021 · Wood, the global consulting and engineering company, will build upon its long-standing partnership with Hibernia Management and Development Company Ltd. Dec 19, 2024 · John Wood Group PLC (‘Wood’ or ‘the Company’) has been awarded a significant contract by OMV Petrom for a major project to boost the production of sustainable fuel in Southeast Europe. In July, Wood and Trident Energy signed an agreement to perform production and deck operation services onboard platforms P08, P65, PCE1 and PPM1. 00 a. 5 days ago · Wood Group News Service from EIN News. Future events 9 May 2024 – Q1 trading update and Annual General Meeting MACAU, Oct. The process to appoint his successor is now underway and David will remain in his role until a successful candidate is in place. NZT Power, which aims to be one of the world’s first commercial scale gas-fired power stations with carbon capture, could generate up to 860 megawatts of flexible, dispatchable, low-carbon power equivalent to the average May 29, 2024 · Statement Regarding Final* Possible Offer for John Wood Group PLC ("Wood") Sidara confirms that on 29 May 2024, it submitted its fourth proposal to Wood regarding a possible cash offer to acquire the entire share capital of Wood for 230 pence per share. Nov 17, 2021 · Wood, the global engineering and consulting company, has been awarded a five-year framework contract by National Grid to provide digitalisation, controls, and metering upgrades for their gas transmission assets across the UK. Wood, a global leader in consulting and engineering, has played a key role in securing more than €1 billion of funding for its clients in Europe, enabling three major clean energy projects to reach final investment decisions (FID). 1 billion. Apollo confirms that it has, on behalf of certain investment funds managed by it, made a number of approaches to the board of directors of Wood (the "Board of Wood") in relation to a potential acquisition of the entire issued and to be issued share Jul 9, 2024 · Wood has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia. This measure Oct 12, 2021 · Wood Fiber Group USNR. 100 Wood employees will be involved at project peak. Aug 5, 2024 · On 29 May 2024 Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") announced that it had submitted to the Board of Wood a fourth proposal to acquire the entire issued and to be issued ordinary share capital of Wood at a final price of 230p per share in cash (the "Final Proposal"). 401. This final* offer price represents a premium of: Wood will manage the day-to-day operation of the SAGE system, which transports gas through the 323 kilometre SAGE pipeline between the northern part of the Central North Sea to the SAGE terminal at St Fergus, north of Aberdeen, where it is processed on behalf of North Sea gas producers. Aug 22, 2023 · John Wood Group PLC announces that after ten years with the business, David Kemp, Chief Financial Officer (CFO), has advised the Board of his intention to retire as CFO. - Ends – For further information: Wood Wood Group gets larger cash sum for sale of equipment subsidiary Proactive Investors (UK) 08:00 Thu, 02 Jan Study confirms the feasibility of the Greater Sunrise gas field in Timor-Leste Macao News 00:10 Tue, 31 Dec Jun 10, 2024 · Wood, a global leader in consulting and engineering, has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub, upon completion. Feb 11, 2022 · Wood, the global consulting and engineering company, will extend its two-decade long relationship with international energy company Equinor following the award of a three-year contract extension to support the company’s assets on the Norwegian Continental Shelf. for its pipeline facilities project in Sinton, Texas. Feb 1, 2024 · Wood has secured an $80 million contract extension with Equinor, to deliver maintenance and modification solutions to their Peregrino offshore assets, off the coast of Rio de Janeiro, Brazil. Jess brings highly valued front-line operational expertise, commercial acumen and global leadership experience to this role having worked across upstream, midstream and Search When typing in this field, a list of search results will appear and be automatically updated as you type. Order book is presented as an indicator of the visibility of future revenue. 66 billion pounds ($2. (HMDC) following the renewal of a major contract to provide engineering, procurement, and construction (EPC) solutions and maintenance to the Hibernia platform off the coast of St. Jul 3, 2024 · July 3 (Reuters) - Dubai-based engineering and consulting firm Sidara has sought the extension of a deadline to make a firm offer for UK's John Wood Group , opens new tab to July 31, after being Nov 9, 2023 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the quarter ended 30 September 2023 (‘Q3’). zulcoo ooebh rxprxni zmkik lecd xky mcpz hjobruea vlafnmd luevt