CAN Group announced today that it has secured two major contract renewals, totalling approximately £200million. Along with an increase in business, the two contracts will lead to the safe-guarding of 150 jobs. The Aberdeen headquartered…
BG Group’s Europe business has signed contracts with Wood Group PSN and Stork Technical Services (RBG) to provide a range of specialist support over the next five years to its Armada, Everest and Lomond assets in the central North Sea. The…
ABTechnology Ltd. and partner Enegi have signed an option agreement with energy services firm Wood Group PSN to increase its participation in the ABT Oil and Gas project. ABT Oil and Gas is a joint project by Enegi and ABTechnology to…
UK-based engineering firm Wood Group is to form a joint venture with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
STM Group Inc (STM), a global satellite communications and engineering company, will expand its Brazil operations by adding a third teleport in Hortolandia, complementing its existing teleports in Sao Paulo and Belo Horizonte. The satellite…
Xodus Group acquired Dubai-based Prime Energy, as part of an expansion drive in the eastern hemisphere. It is the first acquisition Xodus has made in the Middle East following the launch of its Dubai operations in 2012. Prime Energy’s team will form part of Xodus’ subsidiary based in Dubai…
Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…
Last month, Christopher J. Wiernicki, President and CEO of ABS added the title of chairman to his credentials after the boards of both ABS and ABS Group of Companies announced the dual appointments. He replaces former chairman Robert D. Somerville…
Wood Group PSN (WGPSN) has secured its second North Sea duty-holder contract extension this year. Valued at about US$200 million (£140 million), the life-of-field contract from Ithaca Energy will see WGPSN operate and deliver managed services…
Wood Group PSN (WGPSN) has appointed a new chief financial officer (CFO). David Kemp joins Wood Group's largest division from Trapoil, an independent E&P company where he was financial director. He replaces Duncan Skinner, who is retiring from the industry…
Wood Group PSN (WGPSN) has secured a significant two year North Sea contract extension with TOTAL E&P UK Ltd (TOTAL). Based on historical turnover, the award is anticipated to be valued at USD $150 million. Under the contract, WGPSN will continue to provide engineering…
Marine service group James Fisher and Sons is to buy diving equipment firm Divex for up to £33million.The deal will see UK-based James Fisher and Sons pay an initial consideration of £20m in cash plus a further maximum additional consideration of £13m linked to future profitability targets…
BG Group has elevated Chris Finlayson to chief executive officer. He came to BG in 2010 after spending 33 years with Royal Dutch Shell. Finlayson replaces Sir Frank Chapman, who has served as CEO of the BG Group since 2000.
Kevin Revere has joined the Acteon group as VP, based in Kuala Lumpur. Previously VP operations in Wasco Energy’s pipe coating division, he will initially support Acteon’s Asia-based Cape business unit as it expands its subsea pipeline sector product and service offering.
Allister Langlands will step up to chairman of Wood Group and Bob Keiller will replace him as CEO when longserving chairman Sir Ian Wood retires in November. Langlands joined the group in 1991, initially as financial director, then deputy CEO before succeeding Sir Ian as chief executive in 2007…
Subscribe
