The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

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

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

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 180.00
Bid: 0.00
Ask: 195.00
Change: 0.00 (0.00%)
Spread: 16.80 (9.428%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 180.00
WG. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-North Sea workers' strike to disrupt Shell operations - union

Mon, 18th Jul 2016 17:10

* 24-hour strike on seven Shell platforms set for July 26

* To be followed by three-hour strikes in coming weeks

* Maintenance workers strike may not impact production

* Shell making contingency plans to ensure safety - source (Updates throughout)

By Karolin Schaps

LONDON, July 18 (Reuters) - A 24-hour strike of Wood Group oil and gas maintenance workers will "severely disrupt"operations at several Royal Dutch Shell platforms inthe North Sea where they are employed, labour union Unite saidon Monday.

The strike action scheduled for July 26 will be the firstwalkout by UK North Sea workers in ten years as oil and gasstaff are angered by pay cuts and tougher working schedulesbrought on by cost savings amid the oil price crash.

The workers will also undertake several three-hour strikesover the following weeks, a union representative said.

At total of seven Shell platforms, including the historicBrent facility, will be affected by the strike of Wood Groupemployees who carry out maintenance. This means production fromthe platforms may not necessarily be impacted.

Shell is making contingency arrangements to ensure safety isnot affected by the strike action, a person at the company said.

"It is anticipated that the action will severely disruptoperations on the Shell platforms," the union said in astatement.

The platforms affected are Brent Alpha, Bravo and Charlie,Gannet, Nelson, Curlew and Shearwater. Shell's Brent Deltaplatform, which is being decommissioned, is also included.

An overwhelming number of employees backed strike action ina ballot carried out last week.

Wood Group said it was continuing to engage with employeesand labour unions to reach a resolution.

Shell said it hoped Wood Group and its employees would cometo an agreement. (Editing by David Clarke and Mark Potter)

More News
15 May 2024 16:59

LONDON MARKET CLOSE: Confident trade as US inflation rate cools

(Alliance News) - Stock prices in London closed higher on Wednesday, while the dollar struggled after a softer US inflation reading and weaker retail sales data, which put pressure on the Federal Reserve to consider rate cuts soon.

Read more
15 May 2024 15:55

TOP NEWS: John Wood rejects improved takeover proposal by Sidara

(Alliance News) - John Wood Group PLC on Wednesday said it rejected a new takeover proposal from Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara.

Read more
15 May 2024 15:38

Wood Group rejects 212p a share takeover proposal from Sidara, shares tumble

(Sharecast News) - Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1.5bn takeover proposal from Dubai-based engineering and consulting company Sidara.

Read more
13 May 2024 15:36

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.

Read more
13 May 2024 12:01

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

Read more
10 May 2024 10:10

Berenberg hikes target price on John Wood

(Sharecast News) - Analysts at Berenberg raised their target price on engineering and consulting business John Wood Group from 150.0p to 220.0p on Friday following the group's first-quarter trading statement that came hot on the heels of news that it had rejected a takeover bid at 205.0p per share.

Read more
10 May 2024 09:52

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
9 May 2024 12:57

John Wood first quarter revenue drops but keeps positive outlook

(Alliance News) - John Wood Group PLC on Thursday reported a drop in its quarterly sales, but maintained an upbeat outlook.

Read more
9 May 2024 07:43

Wood Group Q1 EBITDA rises but revenues fall

(Sharecast News) - Wood Group posted a rise in first-quarter EBITDA but a drop in revenue on Thursday, a day after saying it had rejected a £1.4bn takeover proposal from Dubai-based Sidara.

Read more
8 May 2024 18:15

UPDATE: Sidara ponders next move after John Wood rejects bid approach

(Alliance News) - Sidara on Wednesday said it is "considering its next steps" after John Wood Group PLC rejected a takeover approach.

Read more
8 May 2024 17:46

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 up 0.5%, FTSE 250 adds 0.4%

*

Read more
8 May 2024 16:54

LONDON MARKET CLOSE: Shares rise as eyes turn to Bank of England

(Alliance News) - Stock prices in London closed higher on Wednesday, with the FTSE 100 achieving another record high and markets in a confident mood ahead of Thursday's Bank of England decision.

Read more
8 May 2024 16:36

London close: Stocks rise further ahead of BoE decision

(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.

Read more
8 May 2024 13:56

UK's Wood Group rejects engineering firm Sidara's 1.4 bln pound bid

May 8 (Reuters) - British oilfield services and engineering firm John Wood Group rejected a potential 1.42 billion pound ($1.77 billion) buyout proposal from Dubai-based firm Sidara on Wednesday, saying it "undervalued Wood and its future prospects".

Read more
8 May 2024 13:22

Wood Group surges after rejecting 205p a share takeover proposal from Sidara

(Sharecast News) - Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4bn.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.