Tag / Wood



Wood Group Eyeing U.S. Onshore Expansion in $2.7B Merger With Amec Foster Wheeler

Oilfield service specialists John Wood Group plc and Amec Foster Wheeler plc, each based in the UK but with substantial reach in North America, have agreed to merge in an all-stock deal valued at $2.7 billion.

March 14, 2017

Global E&Ps, Led by U.S. Brethren, Locked And Loaded For New Investments

The global oil and gas industry, already expected to boost exploration spend during 2017, is poised to more than double final project approvals as optimism spreads across the energy sector.

January 12, 2017

Energy Sector M&A Options Increasing Move to Swaps, Share-Based Dealmaking

After 14 months of intransigence, doing nothing will become less of an option for cash-strapped oil and natural gas operators, with some unusual dealmaking expected for mergers and asset sales.

January 8, 2016

Wood Group Continues U.S. Expansion With Acquisition of Ohio-Based Oil/Gas Construction Firm

Scotland-based John Wood Group plc has acquired privately-owned oil and gas construction firm Kelchner Inc. for an undisclosed sum, expanding its global footprint to the Appalachian Basin.

December 23, 2015

Verisk Enters Energy Analytics Through $2.8B Wood Mackenzie Acquisition

With its sights set on being a leading global energy market data analytics provider, Jersey City, NJ-based Verisk Analytics Inc. announced Tuesday it has agreed to acquire Wood Mackenzie from Hellman & Friedman and other Wood Mackenzie shareholders for about $2.8 billion in cash.

March 10, 2015
U.S.-Europe LNG Margin Shrunk, Not Gone, Says Wood Mackenzie Analyst

U.S.-Europe LNG Margin Shrunk, Not Gone, Says Wood Mackenzie Analyst

The latter half of 2014 saw a spate of final investment decisions (FID) on U.S. natural gas liquefaction and export projects. While the global oil price crash has helped to make liquefied natural gas (LNG) exports from the U.S. a less-profitable proposition, there still will be money to be made, a Wood Mackenzie analyst said.

January 8, 2015
Analysis: $90B Value Left in Marcellus, Another 25K Wells by 2035

Analysis: $90B Value Left in Marcellus, Another 25K Wells by 2035

The Marcellus Shale holds about $90 billion of remaining value, and the top 20 operators working in the play are expected to drill 25,000 wells there through 2035 at a cost of nearly $110 billion, according to research by the energy consulting firm Wood Mackenzie.

August 29, 2014

Lots of Conventional Reserves Still to be Tapped, Says Wood Mackenzie

Nearly 1.4 trillion boe of reserves exist in conventional, undeveloped oil and natural gas fields around the world, including almost 1.1 trillion boe of technical reserves, those without firm development plans in place, according to Wood Mackenzie.

September 13, 2013

Outside Auditor Praises Pennsylvania Forest Management

An uptick in Marcellus Shale development last year didn’t keep an independent auditor from certifying Pennsylvania’s state forests as sustainably managed.

April 5, 2012

Cornell Researchers Maintain Shale Gas Unsuitable as Bridge Fuel

In a paper released Thursday, researchers from Cornell University firmly stood by an earlier claim that shale gas has a larger greenhouse gas (GHG) footprint than conventional gas and oil or coal, and thus would be an unsuitable bridge fuel.

January 20, 2012
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