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[BUSINESS] · United Kingdom · 11 sources

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Sir Ian Wood, Scottish oil billionaire and philanthropist, dies at 84

Sir Ian Wood Wood Group North Sea oil Wood Foundation Scotland

Sir Ian Wood, the Aberdeen‑born founder and former chief executive of the Wood Group, died peacefully at his home on 27 July 2026 at the age of 84. He built the company from a small family fishing‑boat repair yard into a global energy‑services firm valued at more than £5 billion, playing a pivotal role in the growth of the North Sea oil and gas industry.

Knighted in 1994 for services to oil and gas and later appointed a member of the Order of the Thistle, Wood also established the Wood Foundation in 2007, which supports charitable projects in Scotland and East Africa. He was married to Lady Helen for 55 years, father to Nic, Graham and Garreth, and grandfather to seven grandchildren. Tributes came from First Minister John Swinney and other business and political leaders, highlighting his influence on Scotland’s economy and his philanthropic legacy.

Entities

Helen Wood · John Swinney · Sir Ian Wood · The Wood Foundation · Wood Group

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Sources

Tributes to North Sea oil tycoon Sir Ian Wood after death at age of 84 [www.scottishdailyexpress.co.uk]
Sir Ian Wood, Empresario y Filántropo Escocés, Fallece a los 84 Años - Notiulti [www.notiulti.com]
John Swinney leads tributes to Sir Ian Wood who 'left lasting mark on nation' [www.aberdeenlive.news]
Sir Ian Wood est mort : l'homme qui a transformé une entreprise familiale en empire de plusieurs milliards [lanouvelletribune.info]
Tributes paid to North Sea businessman Sir Ian Wood [www.bdaily.co.uk]
Businessman and philanthropist Sir Ian Wood dies aged 84 [ca.news.yahoo.com]
Sir Ian Wood, business leader, dies aged 84 – Daily Business [dailybusinessgroup.co.uk]
Tributes paid to 'titan of industry' Sir Ian Wood after death at 84 [news.stv.tv]
One of Scotland's richest men dies as tributes paid to 'kind' billionaire [www.dailystar.co.uk]
Swinney says Sir Ian Wood ‘helped shape modern Scotland’ as tributes pour in [www.independent.co.uk]
North Sea billionaire and philanthropist Sir Ian Wood dies aged 84 [www.standard.co.uk]