Wood Group News

 

Trinidad, ExxonMobil Strike Deal for Seven Deepwater Blocks

Aug 05, 2025

Trinidad and Tobago's government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep area that includes seven blocks to explore for oil and gas, two senior government officials told Reuters.The parties began negotiations earlier…

ExxonMobil’s Profit Shoots Above Expectations

Aug 01, 2025

Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices.Oil and gas production was the…

Mitsui, MOL Buy Port of Nigg and Energy Firms from Global Energy Group

Jul 30, 2025

Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL)…

Current News

DeepOcean Awarded IMR Contract Extension by Equinor

DeepOcean Awarded IMR Contract

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Wood Nets Long-Term Maintenanc

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