Wood Group
 | |
| Public limited company | |
| Traded as | LSE: WG. |
| Industry | Oil and gas |
| Founded | 1982 |
| Headquarters | Aberdeen, Scotland, UK |
Key people | Ian Marchant (Chairman), Robin Watson (Chief Executive) |
| Products | Oil and gas engineering, production support, gas turbine maintenance |
| Revenue | US$6,574.1 million (2014)[1] |
| US$436.8 million (2014)[1] | |
| US$336.3 million (2014)[1] | |
Number of employees | 46,000 (2014)[2] |
| Website | www.woodgroup.com |
Wood Group (officially John Wood Group PLC) is a multinational oil and gas services company headquartered in Aberdeen, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The business was founded by Sir Ian Wood in 1982, when it split away from JW Holdings, the largest fishing company in Scotland.[3] JW Holdings had diversified into the energy services business at the outset of the North Sea oil industry in the early 1970s.[4]
In 2002, the company was listed on the London Stock Exchange.[3]
In March 2015, Wood Group has secured a contract worth over NOK500m (£41m) to expand and upgrade the Kollsnes gas processing plant in Norway. The contract was awarded by Statoil on behalf of plant operator Gassco. Under the deal, Wood Group will carry out engineering modifications and upgrades to the facility, located west of Bergen. [5]
Operations
Wood Group is an international energy services company with over $7bn sales and operating in more than 50 countries. The Group is built on 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, and power generation industries worldwide.
See also
References
- 1 2 3 "Annual Report 2014" (PDF). Wood Group. Retrieved 3 April 2015.
- ↑ "Contact Wood Group - Global Office Locations". woodgroup.com. Retrieved 31 December 2015.
- 1 2 "Wood Group Company History and Heritage". woodgroup.com. Retrieved 3 April 2015.
- ↑ Darroch, Valerie (31 December 2006). "Boss of the year: Sir Ian Wood reveals the secret of his success as he gets ready for a new role". Sunday Herald. Retrieved 27 April 2008.
- ↑ "Wood Group wins contract to upgrade Kollsnes gas plant in Norway". Offshore Technology. 16 March 2015. Retrieved 3 April 2015.
External links
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||
This article is issued from Wikipedia - version of the Thursday, January 14, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.