April 2011 Vol. 238 No. 4

Business Meetings & Events

Wood Group And PSN Merger Finalized

A deal to merge Wood Group’s Production Facilities business with PSN was completed on April 20, 2011. The merger creates the world’s leading brownfield service provider with annual revenues of around US$3 billion and a 23,000 strong workforce operating in more than 35 countries. Bob Keiller, CEO of PSN and now CEO of Wood Group PSN has been appointed as an executive board director of Wood Group. He said, “The completion of this deal is a momentous occasion for both companies. Our aim is for Wood Group PSN to be the best brownfield services company to work for and the best company to work with. We have excellent relationships across a broad customer base and we

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