Wood Group acquires Baker Energy

A subsidiary of John Wood Group has acquired Baker Energy for $37.9 million.

Offshore staff

HOUSTON -- A subsidiary of John Wood Group has acquired Baker Energy for $37.9 million.

“The acquisition of Baker Energy is part of our ongoing strategy to expand and enhance our operations support capability,” says Les Thomas, group director responsible for Wood Group's production facilities activities. “It will establish Wood Group as the market leader in the provision of operations and maintenance services in the US Gulf of Mexico market, and enhance our ability to support clients' deepwater activity, one of the most exciting growth markets in our industry.”

10/01/2009

More in Company News