Wood Group Acquires Shareholding of CSG Services Company

Source: www.gulfoilandgas.com 10/9/2013, Location: Not categorized

Wood Group PSN (WGPSN) Australia, has acquired Wagners Oil & Gas's 45% shareholding in the joint venture (JV) company Wood Group Wagners Pty Ltd.

Wood Group Wagners Pty Ltd was set up by Wood Group and Toowoomba-based Wagners in March 2010 in Brisbane to provide Queensland's gas producers with a flexible, fit-for-purpose solution for developing coal seam gas (CSG). The venture combined Wood Group's global CSG experience with the local supply chain capability of Wagners.

The Wood Group Wagners company name and brand will change to WGPSN Queensland Pty Ltd and will now operate as an integrated part of WGPSN's business in Australia. Matt Gavin, WGPSN managing director for Australia & Asia Pacific said: "As part of our overall review of our global business, we now believe the best way to deliver our portfolio to the market is through the broad capability of Wood Group PSN.

"We broadened our engineering and project management capability in Australia with this JV and today we are in an excellent position to be able to build on our portfolio of brownfield projects in the region."


India >>  8/9/2022 - Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited ...
United Kingdom >>  8/8/2022 - Baker Hughes (BKR) announced it has agreed to acquire the Power Generation division of BRUSH Group (“BRUSH”) from One Equity Partners. BRUSH is an est...

United Kingdom >>  8/8/2022 - As part of its long-term energy transition strategy, Archer Limited ("Archer") has signed an agreement to acquire 50% of the shares in renewable energ...
Norway >>  8/5/2022 - Sval Energi is pleased to announce that the company has signed an agreement with Suncor Energy to acquire Suncor Energy Norge AS. ...

United States >>  8/5/2022 - United Energy Corporation announced 100% acquisition of Integrity Terminals, LLC., adding to UNRG’s previous minority ownership stake of 12%. Accordin...
Denmark >>  8/4/2022 - Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for the mari...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.