Prominent Scottish businessman Sir Ian Wood dies at 84
Nexus Europa Newsroom
Posted Jul 27, 2026, 06:00 PM UTC · In the digest of 2026-07-27-1800
Prominent Scottish businessman and philanthropist Sir Ian Wood, founder of Wood Group, has died at the age of 84 at his home in Aberdeen.
Prominent Scottish businessman and philanthropist Sir Ian Wood has died at his home in Aberdeen at the age of 84.
Wood built his fortune in the North Sea oil and gas sector, establishing the engineering and consulting firm Wood Group and transforming it into a major international corporation. In his later years, he turned his focus toward philanthropic work and regional economic initiatives intended to secure Aberdeen's future beyond fossil fuels. Tributes across the Scottish business community remembered him as a dominant figure in modern enterprise.
Sources: The Herald