Page last updated at 17:01 GMT, Thursday, 9 October 2008 18:01 UK

Oil tycoon 'to support projects'

Sir Ian Wood [Pic: The Press & Journal]
Sir Ian Wood was awarded a knighthood in the 1994 honours list

One of Scotland's richest businessmen may step in to help projects hit by council cutbacks in Aberdeen, BBC Scotland has learned.

It is understood local philanthropist Sir Ian Wood is considering financial support for several schemes.

Some Aberdeen charities have been denied funding due to the city council making savings.

The businessman said he did not want to raise expectations and would not discuss specific schemes.

But Sir Ian did confirm to BBC Scotland that he been in discussions with both the Scottish Government and Aberdeen City Council about two or three projects.

The businessman said he was waiting for further information on their sustainability.

Sir Ian is chairman of the multi-million pound energy services firm, John Wood Group.

It is one of the UK's largest energy services companies.

Sir Ian has chaired the company since 1982 and was awarded a knighthood in the 1994 honours list.

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