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The CMA accepted the remedy formally offered by Wood Group and Amec Foster Wheeler on 9 August.

This follows the CMA's in principle acceptance on 15 August.

The combination is therefore now expected to complete in October 2017, following receipt of merger clearance in Mexico.

The remedy consists of the majority of Amec Foster Wheeler's UK upstream oil and gas business located in the UK and serving UK customers (excluding its commissioning business, qedi).

The CMA does not require the parties to complete the sale of the remedy business in advance of completing the combination.

Wood Group CEO Robin Watson said: "Since we announced the deal in March, both parties have maintained a relentless focus on keeping on schedule.

"Today's earlier than anticipated decision from the CMA allows us to move forward with pace and we are very confident of completing the acquisition of Amec Foster Wheeler in October."

Amec Foster Wheeler CEO Jon Lewis said: "We welcome today's announcement from the CMA.

"We have made significant progress marketing Amec Foster Wheeler's UK upstream oil and gas business to a range of high quality bidders, which has helped to ensure that we will close the transaction in October, bringing the many benefits of the combined company to our clients, colleagues and shareholders."

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Wood Group said it has won a "multi-million dollar" contract from Total to support the French oil company's Lindsey refinery in Lincolnshire.

The five-year contract is to provide onshore maintenance services and includes the option to be extended up to two years.

"We are strategically focused on leveraging our proven offshore track record of strong service, to broaden our downstream footprint in the UK; and this contract win achieves this," chief executive Robin Watson said.

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Wood Group said it had won a 'multi-million dollar' five-year contract to support Saudi Aramco in the delivery of the Marjan oil field in Saudi Arabia.

The front-end engineering design, major increment and overall project management consultancy would be executed from Wood's Reading UK, Khobar, Saudi Arabia and India offices, the company said.

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Oil services company Wood Group said it had won a $43m contract from a large-cap midstream company to construct 80 miles of steel pipeline in west Texas.

The project would serve to transport natural gas liquids across the US state.

'This is a strategic pipeline for the US and we are proud to play our part in delivering this milestone project,' US asset solutions business head Andrew Stewart said.

'We have the largest and most vertically integrated pipeline project offering in North America and this win strengthens our position as a major midstream player.'