John Wood Group
1912 William Wood founded Wood and Davidson
1961 John Wood and Son (Aberdeen) Ltd were incorporated as trawler owners, fish curers and fish salesmen.
1963 The company were the agents responsible for a trawler that was challenged by an Icelandic vessel for fishing in Icelandic waters[1]
1964 Ian Wood, son of John Wood and grandson of the founder, joined the business.
The marine base was expanded into fishing, fish processing and general marine engineering.
1971 Name changed to The John Wood Group (Aberdeen) Ltd; businesses included trawling, coastal fishing, fish processing, ship repairing and oil related services, as well as general engineering.
1973 Formed an alliance with Weir Group specialising in oil field services
1981 The oil and gas services business was separated from the traditional (fishing) business which became J. W. Holdings Ltd
1982 The name was changed to John Wood Group Ltd, a company specialising in oil and gas related services.
1993 John Wood Group acquired J. P. Kenny, specialist in subsea services
1997 John Wood Group expanded into Colombia and Russia
2000 Acquired Mustang and Alliance for deep water capabilities and design of lightweight topsides
2002 John Wood Group listed on London Stock Exchange[2]
2006 becomes UK leading contractor for onshore oil and gas facilities
2011 Sold well support division to GE. Acquired PSN to grow its offshore operation and maintenance business - see Wood Group P.S.N.. The Group had 3 main divisions:
- Engineering (selling to upstream oil and gas facilities including subsea)
- Production facilities
- Gas turbine services[3]
2015 Acquired Kelchner for heavy/civil construction capability and The Infinity Group, to enter petrochemical and downstream fields
2017 Joined with Amec Foster Wheeler to form Wood plc, providing engineering and technical services to the worldwide energy and industrial markets.
See Also
Sources of Information
- [1] Wood Group