North Sea oil rig More than £250m was wiped off the value of John Wood Group after accountants found “material weaknesses and failures” in the North Sea engineering giant’s governance and ...

North Sea Giant will be employed on secured work and new prospects in both the North Sea and international waters,” said Kevin Murphy, Ocean Installer CEO. North Sea Giant is a modern advanced ...

Shares in one of the North Sea’s biggest energy producers slumped ... The company, which operates the giant J-Area of wells off the north-east coast of Scotland, added: “The effective tax ...

A Dubai-based engineering group has re-entered talks to buy John Wood Group, sparking a 40pc surge in the North Sea oil giant’s share price. The FTSE 250 business confirmed on Monday it had ...

North Sea oil company EnQuest is demanding an overhaul of Jeremy Hunt’s windfall tax after claiming it has been hit by an effective rate equal to 113pc of profits. The company suffered a £25m ...

Shares in North Sea giant EnQuest closed up nearly 5% as the company upped its production guidance for 2025. And the company declared it is “actively progressing” UK acquisition deals after ...

ENGINEERING firm Wood has signed a two-year extension to its contract with Shell for work on the oil giant’s newest floating ...