Wood was a global engineering giant built from girders.
It grew out of a fishing boat repair yard after Sir Ian Wood, the son of the owner, went on a visit to Texas early in the 1970s and realised how big Aberdeen's offshore industry was about to become.
Under Sir Ian, it grew by winning contracts and buying companies, reaching a stock market valuation above £5bn ($6.5bn).
But a risky acquisition of a US rival meant it took on more than it could handle.
Its board is now recommending a £242m ($318m) offer from Dubai-based Sidara is accepted.
As an oil services company, Wood did not require the risk capital for drilling, nor did it get the bumper profits that went to others who did.
However, it did extremely well out of providing the engineering services for that drilling, including design, operations, and maintenance.
