Wood Group reveals fresh takeover approach from Dubai-based Sidara - The latest bid interest from Sidara comes after it walked away from a deal last August, blaming global market turmoil and ...

John Wood Group, the beleaguered engineering firm, has confirmed that Dubai-based suitor Sidara is making a second attempt at a takeover, less than a year after abandoning a previous deal.

A new licensing round for oil and gas exploration begins of Friday, the North Sea Transition Authority confirmed (Danny Lawson/PA) Oil and gas engineering giant Wood Group has cancelled employee ...

Wood Group said it is initiating steps to “significantly” strengthen its financial culture, governance and controls after a review identified “material weaknesses and failures.” In a trading update, ...

John Wood Group has been struggling since a £2.2bn takeover of Amec Foster Wheeler in 2017 left it with high debts and legal liabilities © John Wood Group John Wood ...

Wood Group’s £2.2bn acquisition of rival Amec Foster Wheeler in 2017, for example. Wood is an Aberdeen-headquartered company that built its reputation delivering engineering contracts for oil ...

Energy engineering and project specialist John Wood Group (WG.) has seen shares crater by over 60 per cent after upending previous cash flow targets. This is the latest knock for investors who have ...

Oil and gas engineering giant Wood Group has cancelled employee bonuses and declined to rule out job cuts, after saying it needs to significantly extend a cost reduction plan. The company ...