Wood Group

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John Wood Group PLC
Type Public limited company
Traded as LSEWG.
Industry Oil and gas
Founded 1982
Headquarters Aberdeen, Scotland, United Kingdom
Key people Allister Langlands (Chairman), Bob Keiller (Chief Executive)
Products Oil and gas engineering, production support, gas turbine maintenance
Revenue US$6,379.7 million (2013)[1]
Operating income US$392.5 million (2013)[1]
Net income US$300.5 million (2013)[1]
Employees 46,000 (2014)[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 250 Index.

History[edit]

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[edit]

The company comprises many businesses including Wood Group Engineering (North Sea) Limited, Wood Group PSN, Wood Group Kenny, Wood Group Mustang and Wood Group GTS.[5]

See also[edit]

References[edit]

External links[edit]