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HTSI
Would your life look better by candlelight?
...A democratising experience, it fosters a sense of coming together for food, conversation and community....
April 13, 2023
Glencore
Nigeria fails in request for compensation over Glencore corruption
...In February, the SFO announced Nigeria would be paid just over £200,000 out of a settlement it had agreed with engineering company Amec Foster Wheeler, to pay the country back for tax revenue it was deprived...
October 26, 2022
FT Live
Energy Transition Summit
Delivering a stable and efficient clean energy system
Tuesday, 22 OctoberLondon, UK & Online
John Wood Group PLC
Wood Group shares slide on $100mn charge and delayed results
...Wheeler in 2016....
February 22, 2022
Transcript
Best of: Friendship in the workplace — it’s lonely at the top
...Thanks to the producer Anna Sinfield, executive producer Joe Wheeler, research from Leigh Mayer and mix from Chris O’Shaughnessy....
February 7, 2023
Serious Fraud Office UK
SFO strikes £103m prosecution agreement with energy group
...agent of Amec Foster Wheeler Energy Limited....
July 2, 2021
Investments
Investors’ Chronicle: PureTech, RM, Wood Group
...This last figure included $38mn in payments after a Serious Fraud Office probe into 2017 Wood acquisition Amec Foster Wheeler, with another two payments of a similar size to come....
August 26, 2022
FT Live
Energy Transition Summit India
Delivering clean energy to capitalise on green opportunities
Tuesday, 8 OctoberNew Delhi, Delhi, India
InterviewMining
Kyrgyzstan says it seized mine over alleged environmental and safety breaches
...“The mine’s environmental performance was also audited externally multiple times by the Kyrgyz government’s environmental consultant, AMEC Foster Wheeler, and the European Bank for Reconstruction and Development...
December 21, 2021
LexJohn Wood Group PLC
Wood Group: engineering a long pivot into green energy services Premium content
...Traditional energy generated the bulk of revenues five years ago. It now accounts for just one-third, partly a function of the 2017 acquisition of rival Amec Foster Wheeler....
August 24, 2021
Transcript
Friendship in the workplace: It’s lonely at the top
...Thanks to the producer Anna Sinfield, executive producer Joe Wheeler, research from Leigh Mayer and mix from Chris O’Shaughnessy....
July 12, 2022
John Wood Group PLC
Wood sets aside extra $151m to settle corruption probes
...Wood said it expected to reach settlements with UK, US and Brazilian authorities by mid-year over their investigations into possible corruption and bribery at Amec Foster Wheeler, the rival energy services...
March 16, 2021
Oil & Gas industry
Wood’s profits wounded by oil price slide
...Wood has been diversifying away from its North Sea oil and gas roots in recent years, a strategy that was accelerated by its £2.2bn takeover of rival engineering group Amec Foster Wheeler in 2017....
August 18, 2020
LexJohn Wood Group PLC
John Wood: sun worshipper Premium content
...The purchase of rival Amec Foster Wheeler in 2017 sped up diversification. Renewables and power account for a fifth of revenues now....
January 16, 2020
Lex
Best of Lex Midweek: Granite City, hard times for oil Premium content
...John Wood Group has struggled to integrate its 2017 £2.2bn acquisition of peer Amec Foster Wheeler....
September 4, 2019
FT People: Energy and mining
Wood appoints oil and gas veteran Roy Franklin as chairman
...Ian has provided an outstanding contribution to Wood during a period of transformational change for the business including, most recently, the acquisition of Amec Foster Wheeler,” Mr Franklin said....
May 9, 2019
John Wood Group PLC
Wood to offload nuclear business for £250m in debt cutting drive
...Wood expects the deal to allow it to deleverage to close to its targets, after the 2017 acquisition of rival Amec Foster Wheeler saddled it with high debt levels....
August 20, 2019
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
John Wood Group PLC
Wood’s debt cutting plans hit by oil price fall
...The company cut its exposure to oil and gas from 85 to 60 per cent with its 2017 acquisition of rival Amec Foster Wheeler....
March 19, 2019
Oil
Wood’s revenues swell on oil rebound
...The Aberdeen-headquartered company also said the integration of its acquisition of rival Amec Foster Wheeler last year was ahead of schedule, and raised its three-year cost savings target from at least $170m...
August 21, 2018
Equities
Stocks to watch: Sainsbury, Hikma, Tilray, Peugeot, Evraz, Wood
...● John Wood dropped after the oil services group scrapped a debt-reduction target given when it bought Amec Foster Wheeler in 2017....
March 19, 2019
Energy sector
Energy services company Wood swings to 2017 loss
...Wood, the energy and industrial services company formerly known as John Wood Group, swung to an annual loss as a result of one-off costs related to its takeover of Amec Foster Wheeler (AFW)....
March 20, 2018
LexEU energy
Wood Group: copper bottomed Premium content
...Since Amec’s own 2014 purchase of Foster Wheeler, only around a tenth of promised cuts have come through, thinks Bernstein....
March 20, 2018
Oil
Wood highlights first earnings growth since 2014
...Wheeler....
March 20, 2018
News in-depthThe Big Read
Dyson: a British inventor pivots to Asia
...The company’s notorious secrecy — it took more than a year to agree a confidentiality agreement with one supplier on the project — means few details have been revealed about its maiden four-wheeler to roll...
October 26, 2018
Energy sector
Capita hires new CEO from Amec Foster Wheeler
...Jon Lewis, who was running engineering group Amec Foster Wheeler until it was swallowed up by oil services business Wood Group this week, will take the top job at Capita from December....
October 10, 2017
News in-depthOil
Recovery of crude price gives hope to struggling oil services providers
...In the UK, Wood Group last year acquired Amec Foster Wheeler, in part to diversify from the oil and gas industry. Four years on, activity levels have started to improve....
May 28, 2018
Energy sector
UK competition watchdog approves Wood Group-Amec Foster Wheeler deal
...Read more: Wood Group offers sale of Amec’s North Sea unit to ease approval Wood Group agrees to buy Amec Foster Wheeler for £2.2bn...
September 12, 2017

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