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Nigeria to Get Over $280K in Settlement of Foster Wheeler Bribery Probe

Tom Ichniowski

February 22, 2022

Funds will go for Nigerian infrastructure projects.

Petrobras_related_bribes

Corruption

Wood Group to Pay $177M to Settle US, UK, Brazilian Bribery Charges

Update: Court Approves UK Settlement

Tom Ichniowski

June 28, 2021

The case centers on activities of subsidiary Amec Foster Wheeler several years before Wood acquired it in 2017.

Wood Group Hopes To Cut Time Needed to Collect Cash

Scott Van Voorhis

October 10, 2018

After acquiring Amec Foster Wheeler in a $2.6-billion deal earlier this year, Wood Group plc has set a strategy to get some of the debt from the acquisition off its balance sheet, says CFO David Kemp.

Companies

UK-Based Wood Group Would Buy AMEC FosterWheeler for $2.7B

Latest deal in ailing oil and gas sector is transformational for buyer, firm says.

March 13, 2017

Latest deal in ailing oil and gas sector is transformational for buyer, firm says.

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