Wood Group


Wood Group
John Wood Group PLC
Type Public limited company
Traded as LSEWG.
Industry Oil and gas
Founded 1982
Headquarters Aberdeen, Scotland, United Kingdom
Key people Sir Ian Wood (Chairman), Allister Langlands (Chief Executive)
Products Oil and gas engineering, production support, gas turbine maintenance
Revenue US$5,063.1 million (2010)[1]
Operating income US$288.2 million (2010)[1]
Net income US$165.8 million (2010)[1]
Employees 35,000 (2011)[2]
Website www.woodgroup.com

John Wood Group PLC (informally Wood Group) (LSEWG.) 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.

Contents

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 became listed on the London Stock Exchange.[3]

Operations

The company comprises three businesses: Engineering, Wood Group PSN and Wood Group GTS.[5]

See also

References

External links

Portal icon Scotland portal
Portal icon Companies portal

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