The Scottish corporate giant that has played a leading role throughout Aberdeen's oil and gas era is being taken over. Aberdeen-based Wood plc has seen its value plummet and was at risk of collapse.

Ken Gilmartin, chief executive officer of John Wood Group Plc, during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. The global energy industry is facing ...

British oilfield services and engineering firm Wood Plc has started a strategic review of a part of its consulting business that is involved in infrastructure development, the company said on Friday ...

Wood Plc said on Wednesday its Chief Executive Officer Robin Watson plans to retire and the British oilfield services and engineering firm also reported a drop in full-year revenue. April 20 (Reuters) ...

Earnings call Wood Group reported FY 2024 revenue of $5.5B (down 1% YoY) and adjusted EBIT of $81M (down 52%), impacted by $55M in review charges and contract losses. H1 2025 revenue declined 13% YoY ...

UPDATE ON ANNUAL REPORT AND FINANCIAL STATEMENTS 2024, H1 2025 INTERIM RESULTS, SUPPLEMENTARY CIRCULAR TO THE SCHEME DOCUMENT AND POSTPONEMENT OF MEETINGS Capitalised terms used in this announcement ...