EMCC European Monitoring Centre on Change

Wood Group

Company/Organisation:
Wood Group

Geographic Location

Country: United Kingdom
Region: Aberdeen City, Aberdeenshire and North East Moray; North Eastern Scotland; Scotland
Location of affected unit(s): Aberdeen

Company

Sector: Mining / quarrying
Mining and quarrying
09.10 - Support activities for petroleum and natural gas extraction

Employment Effects

Announcement Date: 11-07-2017
Type of Restructuring: Business expansion
Planned Job Creation: 200

Additional Information

Aberdeen based Wood Group has announced plans to create 200 jobs following the award of a new contract. The contract with Maersk will support production on the North Sea's Culzean gas field. The announcement of these new jobs is a welcome boost for the Wood Group after the group cut headcount by hundreds of jobs in both 2015 and 2016, following the severe drop in the price of crude oil in 2014. There is no information available on when these new jobs will be filled.