Company to Pay $9.5 Mln for Actions Leading to US Gulf Explosion
Wood Group PSN Inc., a Nevada corporation headquartered in Houston, was ordered to pay $9.5 million in two separate cases involving its conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for…
EnerMech Secures Subsea 7 Australia Contract
EnerMech has been awarded its first contract by Subsea 7 in the Australian oil and gas market. The mechanical engineering group will perform a range of subsea flowline and umbilical pre-commissioning on the Woodside-operated North…
Wood Group Cuts Wages of UK Oil Contractors
Oil services provider Wood Group said on Friday it would cut the wages of around 200 British contractors by nine percent, the company's third reduction of contractor pay in nearly two years as weak oil prices have weighed on revenue.
Wood Group Wins Valero Energy Refinery Contract
Wood Group has secured a new five year framework agreement with Valero Energy, an international manufacturer and marketer of transportation fuels, petrochemical products and power. Effective immediately, Wood Group Industrial Services (WGIS)…
Wood Group Extends North Sea Chevron Contract
Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver operations and maintenance services to the Alba Northern platform…
Wood Group Lands Prelude Deal
Wood Group has secured a three year contract with Shell Australia’s Prelude, Floating Liquefied Natural Gas (FLNG) project. Perth-based Wood Group Kenny will provide specialist consultancy services for flexible riser integrity management prior to and during operation of Prelude FLNG…
Wood Group Wins PetroRio's Brazil Contract
Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro. Integrated operations and maintenance…
Wood Group Wins Australian FEED Contract from Shell
Wood Group has secured a front-end engineering and design (FEED) contract for the Woodside-operated proposed Browse floating liquefied natural gas (FLNG) Development. Under a new 12 month contract awarded by Shell, Wood Group…
Wood Group Bags $90 mln Iraqi Contract
Wood Group has won a new contract worth approximately $90 million to deliver services to one of the world’s leading blue-chip international oil companies (IOC) in Iraq. Wood Group PSN (WGPSN) will provide project management for an onshore facility under the three year contract…
New Charges in 2012 Fatal Platform Blast
Black Elk Energy Offshore Operations LLC, Grand Isle Shipyards Inc., Wood Group PSN Inc., as well as Don Moss, 46, of Groves, Texas, Curtis Dantin, 50, of Cut-Off, La., and Christopher Srubar, 40, of Destrehan, La., have been charged…
Manslaughter Charges Filed in 2012 Oil Platform Blast
Two companies involved in the deadly 2012 explosion of an oil platform in the Gulf of Mexico have been indicted on federal charges of involuntary manslaughter, the U.S. Justice Department said in a statement on Thursday. Black Elk…
Wood Group Lands Total Contract
Wood Group has been awarded a five year, US$ multi-million contract by Total, which includes the option for two, one year extensions. Under the contract Wood Group PSN (WGPSN) will deliver engineering, procurement, construction and…
Kemp Succeeds Semple at Wood Group
Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire and step down from his current role and from the board at the company’s annual general meeting in May 2015…
Iona Energy Signs Trent & Tyne North Sea Agreements
Iona says it has signed Transition Services Agreements with Wood Group PSN Ltd. & Senergy Wells Ltd. in support of earlier agreement to acquire Perenco's remaining 80% operated working interests in the producing Trent & Tyne Gas Field licences in the Southern North Sea.
Wood Group Forms Joint Venture With ABT Oil & Gas
Wood Group PSN (WGPSN) announced that it has entered into a non-binding Memorandum of Understanding (“MoU”) with ABT Oil and Gas Ltd (“ABTOG”) to create a 50/50 jointly controlled entity. It is proposed that the new entity will deliver…
NMWG Supplies Construction Services for Atlantic LNG
Neal & Massy Wood Group (NMWG) has been awarded a master services agreement (MSA) to deliver construction services to Atlantic LNG Company of Trinidad and Tobago, the largest liquefied natural gas (LNG) producer in the Western Hemisphere.