Wood Group (J) Share News (WG.)

Broker snap: Petrofac 'unfairly punished' for cautious guidance, says Credit Suisse

Credit Suisse has reiterated its 'outperform' rating for oilfield services (OFS) group Petrofac, saying that the stock has been 'unfairly punished' after the cautious guidance given last week. Petrofac fell sharply on November 18th after saying that it expects "flat to modest growth" in net income

Sector movers: Aberdeen boosts financials, Petrofac dampens oil services

Aberdeen Asset Management was a high riser in London on Monday, providing a lift to the financial sectors as investors celebrated the company's annual results and acquisition of Scottish Widows Investment Partnership (SWIP). The fund management group said that it would buy SWIP from Lloyds for £550

UK BROKER RATING CHANGES: Four Brokers Cut Centrica Price Target

RPT-INSIGHT-The sour gas eating Kashagan oil profits

* Corrosion likely crippling giant Kazakh field * Design "should have been fine," expert says * Big delay would affect Kazakh economic growth * Oil companies have invested almost $50 billion * Repairs could take months By Stephen Jewkes and Dmitry Solovyov MILA

INSIGHT-The sour gas eating Kashagan oil profits

* Corrosion likely crippling giant Kazakh field * Design "should have been fine," expert says * Big delay would affect Kazakh economic growth * Oil companies have invested almost $50 billion * Repairs could take months By Stephen Jewkes and Dmitry Solovyov MILA

UPDATE 1-Britain needs new North Sea regulator urgently -review

By Sarah Young LONDON, Nov 11 (Reuters) - Britain urgently needs to set up a new regulator to encourage oil and gas companies to collaborate and counter plunging North Sea production rates, a government-commissioned review said in its initial findings on Monday. The government launche

Wood Group acquires 2,200 person strong US shale outfit Elkhorn

- Wood Group acquires Elkhorn for undisclosed sum - Elkhorn generated approximately 250m dollars in sales in 2012 - Purchase to expand Wood Group's foot print in US shale Oilfield services provider Wood Group agreed to acquire US-based Elkhorn Holdings for an undisclosed sum, so as to increase the

Wood Group Announces Acquisition Of Elkhorn Holdings

John Wood Group Gets UK Contract Extension From Shell

Wood Group awarded contract extension from Shell

Wood Group has secured a two-year contract extension from Shell UK to deliver integrated services to two gas plants in Scotland, continuing a previous contract awarded in 2007. The deal is the eighth North Sea contract extension awarded to the group in the past year, it said. Wood Group employs

John Wood Group Awarded Five Year Turbine Maintenance Contract In UK North Sea

Wood Group wins North Sea gas turbine maintenance deal

Oil services company Wood Group has won a contract of undisclosed value to maintain gas turbines on North Sea oil projects. Wood said its GTS business had secured a "multi-million dollar" five-year contract from Talisman Sinopec Energy UK to service 22 Siemens Ruston gas turbines on the Buchan, Cly

Thursday tips round-up: Marston's, Tesco, John Wood Group

Marston´s annual trading update revealed a perceptible difference in performance between its managed and tenanted estates in terms of their like-for-like sales performance. The latter achieved a 2.2 per cent rise, ahead of the tenanted state which saw just a 2.0 per cent increase. It is for this rea

UK WINNERS & LOSERS: Vedanta A Big Faller, House Builders Rise

UPDATE 1-Wood Group forms $1 bln Siemens tie up to boost gas turbines

By Stephen Eisenhammer LONDON, Oct 9 (Reuters) - Britain's Wood Group has formed a $1.1 billion joint venture with Europe's largest engineering company, Siemens AG, to provide services for gas turbines, aiming to strengthen a division that has been hit by project delays. Wood Group, w