Wood Group sees synergies with Amec Foster Wheeler

Offshore staff

ABERDEEN, UK -- Wood Group has completed the acquisition of Amec Foster Wheeler.

Robin Watson, Wood Group’s chief executive, said: “This transformational acquisition creates a global leader in the delivery of project, engineering and technical services to energy and industrial markets.

“We become a business of significant scale and enhanced capability delivering services across a broader range of geographies and sectors…with a more comprehensive range of capabilities and the potential to deliver efficient integrated solutions with fewer customer interfaces.”

Integration planning is advanced, he added, with the focus now on “implementing a best of both approach for the wider organization.”

10/10/2017