Tag Archives | Wood Group

Conference: Find Out What’s Happening in Iraqi Business

From Peace to prosperity: The Conference to find out what’s happening for Iraq business. The Iraq Britain Business Council (IBBC) Autumn Conference in Dubai on December 8th is set against a backdrop of relative peace and security in Iraq, and the prospect of oil revenues surging through the economy is driving a wider range of […]

Wood Group expects Increased Activity in Iraq

By John Lee. Scottish-based engineering firm Wood Group plc has said that its operations in Iraq will see increased activity. In its half-year results for the six months ended 30 June 2019, the company said: “Growth in 2019 will be led by Operations Solutions, where we expect increased activity in Iraq with customers including Basra […]

Profits Up at Wood Group due to Iraq

By John Lee. Shares in Wood Group closed Wednesday up 6.6 percent after the oilfield services group announced “significant growth” in profits in its pre-close trading update. The Scottish-based company said it has benefitted from increased activity in the Middle East, particularly Iraq. (Source: Wood Group)

Wood Group sees Increased Activity in Iraq

By John Lee. Wood Group has said that it is seeing strong growth in the Middle East due to “increased activity in Iraq with Exxon and Basra Gas [Company (BGC)]“. In its full year results for the year ended 31 December 2018, the UK-based energy services company said it sees “opportunities in Middle East driven […]

Biwater, Wood Partnership to Improve Iraq’s Water Infrastructure

A strategic partnership has been established between Biwater and Wood to work together in Iraq to address acute water shortages, beginning with the supply of water to the Basrah region. This important agreement between two leading UK infrastructure firms, demonstrates the scale of international interest and support in Iraq’s extensive infrastructure reconstruction efforts, and follows […]

IBBC completes Successful Trade Mission to Baghdad

Baroness Nicholson of Winterbourne, President of the Iraq Britain Business Council (IBBC) and UK Prime Minister’s Trade Envoy for Iraq, led a delegation of 25 IBBC member company representatives on a Trade Mission to Baghdad organised by IBBC Managing Director, Mr Christophe Michels and IBBC Co-Chairman and Iraq Representative, Mr Rasmi Al-Jabri. Delegates included representatives […]

Wood Group’s Iraq Progress “Slower than Anticipated”

By John Lee. Energy services company Wood Group has said that the “pace of activity” on its contract with Exxon in Iraq is “slower than anticipated.” Exxon operates the West Qurna I field in southern Iraq. In its Annual General Meeting Statement on this morning, the Scottish-based company added that management’s expectations of full year […]

Wood Group Wins Two New Iraq Contracts

UK-based energy services company Wood Group has secured two new, three-year contracts, collectively valued at over $140 million, to deliver technical services and expertise to one of the world’s leading international oil companies (IOC) in Iraq. Wood Group PSN (WGPSN) will provide brownfield front end engineering design, detailed engineering, project management, procurement services, system completion […]

Wood Group wins $90m Contract in Iraq

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, which is effective immediately. Concept and FEED work for future projects […]

Penspen Expands in Iraq

Penspen, a leading global provider of engineering and management services to the energy industry, has underlined its commitment to growth in the Middle East with three new appointments and investment in a new office in Iraq. Ahmed Al-Dadah and Na’el Barghouthi have this month joined the company from other engineering providers, whilst Michael Simm, EVP […]

Wood Group Completes Kurdistan Oil Project

By John Lee. Wood Group Intetech (WG Intetech) has successfully completed a six-month project for Hungary’s MOL Group, which saw WG Intetech develop a detailed design for an acid gas reinjection well on MOL’s Akri-Bijeel field in Iraq. The scope of the agreement included well design and comprehensive materials selection for all well components. Dr […]

Iraq Contract Win for Wood Group-CCC

Shell Iraq Petroleum (Shell) has awarded a commissioning services contract to Wood Group-CCC (WGCCC), a company equally owned by Wood Group PSN (WGPSN) and Consolidated Contractors Company (CCC), providing operations and maintenance services to the oil and gas and petrochemical industries in the Middle East. The contract is to commission the first phase of the […]