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Wood Group's $97 Billion in Project Activity Points to Strong Petroleum, Chemicals Activity

oil_gas_production

Industry Segment: Production | Word Count: 713 Words

SUGAR LAND--January 17, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--While drilling demand in the U.S. is slowing, that doesn't appear to be hindering the overall activity of energy services provider Wood Group plc (Aberdeen, Scotland). This week, the company said it expects adjusted earnings before interest, tax, depreciation and amortization to be between $850 million and $860 million for 2019, compared with $693.8 million in 2018. Industrial Info is tracking projects valued at more than $97 billion that involve Wood Group, including more than $24 billion in North America.

Within this article: Details of active projects involving Wood Group

Other companies featured: BP plc (NYSE:BP), Phillips 66 (NYSE:PSX), Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NSYE:CVX)

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