Wood Group (J) Share News (WG.)

Wood Group wins "major" Total contract in UKCS

Energy services outfit Wood Group has won a "major" new contract with French oil giant Total in the UK Continental Shelf (UKCS). The FTSE 250 group did not give exact financial details but said its PSN division was awarded a five-year, multimillion-dollar contract which includes the option for two o

LONDON MORNING BRIEFING: Kingfisher Leads Early FTSE 100 Gainers

Wood Group Gets New Deal To Look After Total's UK Fields

BROKER RATINGS SUMMARY: Investec Downgrades Barclays To Hold From Buy

Sector Movers: Real estate and housebuilders in the green, but tobacco takes a hit

The UK 2015 Budget continues to impact market sentiment as real estate and housebuilding stocks followed oil and gas services companies in posting an uptick in performance. In his final budget before the General Election on May 7, Chancellor George Osborne announced a series of measures considered t

Sector movers: Tax break hopes drive energy stocks higher ahead of UK Budget

Hopes about tax breaks in the North Sea energy industry were providing stocks in the oil producing and services industry with a much-needed boost on Tuesday, even as the price of crude continued to tumble. Danny Alexander, chief secretary to the Treasury, signalled that North Sea oil and gas produce

Tuesday broker round-up

Aviva: Credit Suisse reiterates outperform and 610p target price. Legal&General: JP Morgan Cazenove ups target to 220p from 212p and reiterates underweight. Glencore: Investec reiterates buy and takes target to 328p from 306p. John Wood Group: Canaccord Genuity reiterates hold and lowers target to

UK BROKER RATINGS: Liberum Raises Bovis Homes To Buy From Hold

Sector movers: Oil stocks drops as IEA warns of further crude declines

A fall in oil prices was hitting shares in the energy sector on Friday after the International Energy Agency (IEA) warned that crude may have further to fall. In its monthly report, the Paris-based institution said that the partial rebound that occurred at the start of the year seems to have paused

UK MIDDAY BRIEFING: Oil, Energy Companies Under Renewed Pressure

TOP NEWS: UK Construction Output Falls Unexpectedly In January

Norway's Statoil appoints Wood Group to upgrade Kollsnes gas plant

OSLO, March 13 (Reuters) - Norway's Statoil has awarded Scottish-based Wood Group an engineering and design contract for modifications and upgrades at the Kollsnes gas processing plant in Norway on behalf of operator Gassco. The contract includes options for upgrade and expansion of capacit

Wood Group wins contract at Statoil gas processing plant

Wood Group has won a contract worth 500m Norwegian krone (£41m) for engineering modifications and upgrades to Statoil's Kollsnes process plant near Bergen. The work includes front-end engineering design, procurement and management assistance to expand plant capacity and engineering, procurement and

MARKET COMMENT: Strong US And Asia Gains To Give London Early Boost

Wood Group Wins Contract From Statoil For Norway Process Plant