City A.M. | Wood Group to Acquire Amec in Oil-Services Deal Wall Street Journal (subscription) LONDON—Oil-field services company John Wood Group PLC said Monday it will acquire rival Amec Foster Wheeler PLC in a £2.23 billion ($2.73 billion) all-share deal, the latest sign of consolidation in an industry that has been upended by weak oil prices. UK oil and gas companies John Wood Group and Amec Foster Wheeler in £5bn merger deal Wood Group snaps up ailing Amec Foster Wheeler in £2.2 billion oil deal Oil services company Wood Group agrees £2.2bn deal for Amec Foster Wheeler |