Wood Group

Aberdeen company John Wood Group saw its share prices plummet as Dubai-based potential buyer Sidara abandoned a takeover deal. The Dubai-based engineer Dar Al-Handasah, known as Sidara, had been pursuing the firm for several months.

Sidara's deadline to make a formal takeover offer or withdraw its bid for Wood Plc has been extended until the end of the month.

Dubai-based engineering firm Sidara has made a fourth and "final" takeover bid for Aberdeen-headquartered Wood Group.

Aberdeen-based engineering firm Wood Group has rejected a third takeover bid from Dubai-based Sidara.

Wood Group, the Aberdeen-based oil and mining sector services company, has rebuffed a second takeover offer from its Dubai-based competitor Sidara.

Aberdeen-based oil services company Wood Group has declined a £1.4 billion takeover offer from Dubai-based rival Sidara, citing the offer as "fundamentally undervalued".

Aberdeen-based energy services firm Wood Group has revealed revenue growth and improved cash flow for 2022, alongside a new "Simplification Programme" aimed at driving margin expansion.

Energy industry firm Wood Group has released its full-year trading update for the year ending 31 December 2023, demonstrating robust financial results in line with expectations.

Aberdeen-based energy and engineering services firm Wood Group has reinforced its annual financial projections following a lucrative third quarter, which saw several substantial contract gains.

Aberdeen-headquartered global energy services company Wood Group appointed Arvind Balan as its new chief financial officer and executive director, effective from mid-April 2024. Mr Balan's financial acumen, honed through his recent tenure as CFO of Rolls-Royce’s Civil Aerospace division &ndash

Scottish engineering and consulting services provider Wood Group has secured a c.£260 million ($330m) partnership agreement with Harbour Energy, a UK producer of oil and gas in the North Sea.

Aberdeen-based oil engineering firm Wood Group has raised its full-year revenue and profit forecasts on the back of a series of significant contract wins.

Aberdeen-based energy services operator Wood Group has reported robust trading for H1 with revenues expected at £2.2 billion, a 15% increase compared to the same period the previous year. Adjusted EBITDA is predicted to rise by 6% to approximately £147 million, reflecting favourable perf

Scottish engineering and consulting firm Wood Group has secured a two-year contract extension, worth approximately £197 million ($250 million), with Brunei Shell Petroleum (BSP), the largest energy producer in Brunei.

Apollo Global Management has withdrawn its fifth proposal to acquire Aberdeen-based energy services company Wood Group, causing the company's share price to drop to 135p on Monday morning, which equated to a loss of over £500 million in the company's stock market value.