Wood Group Boosted by North Sea Activity

The HeraldMay 12, 2011

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Summary


WOOD Group said it has made a good start to the year, helped by healthy activity in the North Sea, but said there might be delays to projects following the hike in the tax rate in the province.

The Aberdeen-based oil services giant said it was on course to meet market expectations for the current year after delivering good growth in the first four months of 2011.

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Wood Group Boosted by North Sea Activity

Chairman Sir Ian Wood said it is well placed to grow its position as a leading playe...

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