John Wood Group PLC

Company Overview

John Wood Group PLC, together with its subsidiaries, provides consulting, project management and engineering solutions on a global basis. This U.K. multinational energy services company operates through four segments: Projects, Operations, Consulting and Investment. The company offers engineering solutions, including decarbonization and optimization in energy and industry, along with renewable energy, future fuels and low carbon solutions. It also provides environment and infrastructure solutions comprising environmental studies and compliance, environmental remediation, public infrastructure, and geotechnical and materials services; clean energy solutions; mine planning and design, mineral processing and metallurgy, mineral resources and project assessment services; and automation and control solutions, such as asset protection and facility and process automation solutions, as well as simulation, learning and virtual systems. It serves oil and gas, infrastructure, industrial and manufacturing, mining, power and government sectors.

With goals of advancing the energy transition, there is increasing demand that biomass in the form of wood, agricultural residues and other organic materials are vital components of the renewable energy mix. The demand to minimize materials and waste sent to landfills, even after recycling, creates opportunities to use resources more efficiently as an energy source.

In October 2017, Wood Group announced that it had completed the acquisition of Amec Foster Wheeler. This transformational acquisition creates a global leader in the delivery of project, engineering, and technical services to energy and industrial markets.

Financial Highlights (FY 2023)

Company's Business Segments

• Projects : This segment includes Delivering solutions for complex, high-value capital investments. Design: FEED, long-lead, procurement, Deliver PMC, EPCm, detailed design, start-up, Upgrades and expansions.
• Operations : This segment Provide essential services that keep the world’s most critical, industries performing. Modifications, Operations, Maintenance, Asset management.
• Consulting : This segment focused, premium consultancy adding value throughout our clients’ investment lifecycle. Technical consulting, Digital consulting, Decarbonisation solutions.
• Investment Services : This segment includes Investment Services.