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Pin to quick picksWood Group (J) Share News (WG.)

Share Price Information for Wood Group (J) (WG.)

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Share Price: 197.90
Bid: 0.00
Ask: 205.00
Change: 0.00 (0.00%)
Spread: 7.20 (3.64%)
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Prev. Close: 197.90
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SURF's up for Wood Group as it wins Shell gig

Thu, 15th Mar 2012 07:28

Oilfield support services behemoth Wood Group has got the gig to provide oil and gas colossus Shell with sub-sea, umbilical, riser and flow-line (SURF) engineering and construction management services worldwide.The primary focus of the five-year frame agreement is on the Asia Pacific region, along with other project-specific awards in Europe. Shell has an option to extend the agreement by a further five years at the end of the initial contract period.Wood Group Kenny has already started work for Shell as part of the agreement, with a Front End Engineering Design study for the high temperature, high pressure Linnorm project in Norway, as well as work on the world's first floating liquefied natural gas project in Australia.In addition, Wood Group Kenny is supporting Shell on the Gumusut project in Malaysia, and will provide sub-sea and top-sides support for the Sub-sea Well Response Project, a multi-company initiative focusing on worldwide sub-sea well control incident intervention in the North Sea.Wood Group gave no indication of the value of the contract, but Steve Wayman, Chief Executive Officer of Wood Group Kenny, the unit which has won the contract, described it as " a very important agreement for Wood Group Kenny as it will give us the opportunity to work on some of the most interesting and challenging projects in the world."jh
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9 Jul 2021 09:35

BROKER RATINGS: Bunzl and Burberry get upgraded to Buy

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2 Jul 2021 17:21

John Wood resolves Amec Foster Wheeler legacy issues with UK SFO

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30 Jun 2021 10:15

BROKER RATINGS: Citi upgrades Shell; Berenberg downgrades Cairn Energy

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28 Jun 2021 13:28

Monday broker round-up

(Sharecast News) - St James Place: HSBC downgrades to hold with a target price of 1,525p.

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28 Jun 2021 10:53

John Wood to pay USD177 million to settle legacy Amec investigations

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BROKER RATINGS: HSBC raises Dr Martens, cuts St James's Place and M&G

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28 Jun 2021 08:26

Wood reaches $177m settlements over Amec FW misconduct

(Sharecast News) - John Wood Group announced on Monday that agreements have been reached with authorities and regulators in the UK, the US and Brazil, to resolve bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business.

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28 Jun 2021 00:58

Sunday newspaper round-up: Return to normal, Morrisons, Binance

(Sharecast News) - Sajid Javid is to push for lockdown to end "as soon as possible" over fears of the "cost" of shutting down the economy. The newly appointed Health Secretary, who replaced Matt Hancock after he was forced to resign for breaking lockdown rules to conduct an affair with an aide, said on Sunday it was his "most immediate priority to see to see that we can return to normal as soon and as quickly as possible". - Sunday Telegraph

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25 Jun 2021 20:04

John Wood Group unit to pay $18 mln to settle bribery charges -U.S. Justice Department

WASHINGTON, June 25 (Reuters) - Amec Foster Wheeler Energy Ltd, a subsidiary of UK-based engineering company John Wood Group Plc, has agreed to pay $18 million to resolve criminal charges stemming from a scheme to pay bribes to officials in Brazi...

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24 Jun 2021 17:07

LONDON MARKET CLOSE: Stocks mixed after BoE keeps rates on hold

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24 Jun 2021 11:00

REUTERS EVENTS-Power CEOs defend role for natgas in shift to climate-friendly grid

By Valerie Volcovici, Isla Binnie and Ross KerberWASHINGTON/MADRID/BOSTON, June 24 (Reuters) - Power company executives argued during a global energy conference this week that natural gas will have a long-lasting role in the transition to a climat...

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24 Jun 2021 10:41

John Wood reports first-half sales and profit drop, outlook unchanged

John Wood reports first-half sales and profit drop, outlook unchanged

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