Danos completed the acquisition of the offshore labour supply operations in Gulf of Mexico from John Wood Group for $17m.

Danos, a Louisiana-based energy services contractor, completed the acquisition of the offshore labour supply operations in Gulf of Mexico from John Wood Group, a British multinational engineering and consulting business, for $17m. "This divestment signals the proactive steps we're taking to selectively high grade the Group's portfolio and invest in the markets and solutions where we see the strongest profitable growth. This is aligned to the strategy we set out in November 2022. Wood is committed to the USA with the Gulf of Mexico remaining an important region for our offshore consulting, capital projects and brownfield engineering businesses," Ken Gilmartin, Wood CEO.