Wood Group
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| Type | Public limited company |
|---|---|
| Traded as | LSE: WG. |
| Industry | Oil and gas |
| Founded | 1982 |
| Headquarters | Aberdeen, Scotland, United Kingdom |
| Key people | Sir Ian Wood (Retired - Effective 1-Nov-12), Allister Langlands (Chairman), Bob Keiller (Chief Executive) |
| Products | Oil and gas engineering, production support, gas turbine maintenance |
| Revenue | US$6,821.3 million (2012)[1] |
| Operating income | US$375.6 million (2012)[1] |
| Net income | US$258.2 million (2012)[1] |
| Employees | 41,000 (October 2012)[2] |
| Website | www.woodgroup.com |
Wood Group (officially John Wood Group PLC) is a multinational oil and gas services company headquartered in Aberdeen, Scotland, United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
History
The business was founded by Sir Ian Wood in 1982, when it split away from JW Holdings, the largest fishing company in Scotland.[3] JW Holdings had diversified into the energy services business at the outset of the North Sea oil industry in the early 1970s.[4]
In 2002, the company was listed on the London Stock Exchange.[3]
Operations
The company comprises many businesses including Wood Group Engineer (North Sea) Limited, Wood Group PSN, Wood Group Kenny, Wood Group Mustang and Wood Group GTS.[5]
References
- ^ a b c "Preliminary Results 2012". Wood Group. Retrieved 19 March 2013.
- ^ Wood Group: Contact Us
- ^ a b Wood Group History
- ^ Darroch, Valerie (31 December 2006). "Boss of the year: Sir Ian Wood reveals the secret of his success as he gets ready for a new role". Sunday Herald. Retrieved 27 April 2008.
- ^ Wood Group: About Us
External links
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