WOOD Group has highlighted the boom in activity in the North Sea, which has put the oil services giant on course to record another year of bumper profits.
WOOD Group has highlighted the boom in activity in the North Sea, which has put the oil services giant on course to record another year of bumper profits.
Custom byline text:
Mark Williamson
Aberdeen-based Wood Group said it was confident of meeting expectations for this year after cashing in on the recent surge in investment in UK waters.
In an interim management statement, Wood Group said its engineeing division, which works on new projects, was busy in the North Sea, where giants are investing in a range of bumper projects. Wood Group is working on BP's Quad204 project on the Schiehallion field west of Shetland.
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