The learnings from the Wood sale to Sidara | Finance
News that the $216m sale of Scotland energy giant Wood to Dubai-based Sidara has been approved by shareholders serves as a key moment not just for both companies, but for the broader industry to take stock. The company’s fluctuating fortunes should serve as a sharp warning on the transition for all traditional businesses – which may resound that bit louder at a time when COP30 is underway in Brazil. Consider 12 years ago, when fossil fuels reigned supreme, Wood had a market valuation of $5bn and employed more than 50,000 globally. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this… Read More »The learnings from the Wood sale to Sidara | Finance