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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: 147.00
Bid: 147.40
Ask: 147.90
Change: -1.00 (-0.68%)
Spread: 0.50 (0.339%)
Open: 144.60
High: 149.50
Low: 144.60
Prev. Close: 148.00
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Wood Group bags huge Aussie gas project

Mon, 30th Apr 2012 08:10

Mustang, a subsidiary of oilfield support services firm Wood Group, has been awarded engineering and support contracts for the world's biggest semi-submersible production facility.This enormous processing plant will serve the Ichthys gas field, 200 kilometres (km) off the coast of Western Australia. It will sit in 250 metres of water, weigh 70,000 tonnes and sport a deck of 156 metres by 132 metres. The idea of the processing plant is for gas to undergo preliminary processing offshore before being exported to onshore processing facilities in Darwin, via an 889km sub-sea pipeline. The gas will then be turned into liquefied natural gas (LNG) and liquefied petroleum gas (LPG).The Ichthys project is expected to produce 8.4m tonnes of LNG and 1.6m tonnes of LPG per annum."We are thrilled to be participating in this record-setting project," said Steve Knowles, Mustang president. "Our expertise ... is unparalleled and we appreciate the opportunity to demonstrate our capabilities on this challenging design."Wood Group shares were up 0.3% by 08:30.BS
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(Alliance News) - John Wood Group PLC on Friday said it agreed to extend the put-up-or-shut-up deadline for Apollo Global Management Inc to make a formal takeover offer.

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Wood Group grants Apollo extension on bid deadline

(Sharecast News) - Private equity firm Apollo has been given an extension on whether it will formally bid for Wood Group after three prior approaches were rebuffed.

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John Wood sells labour supply operations in Gulf of Mexico to Danos

(Alliance News) - John Wood Group PLC on Tuesday said it completed the sale of its offshore labour supply operations in the Gulf of Mexico to Louisiana-based energy services contractor Danos.

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(Sharecast News) - Analysts at Berenberg downgraded engineering services firm Wood Group from 'buy' to 'hold' on Wednesday following a fourth cash offer for the company.

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(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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(Alliance News) - Stocks in London are set to open lower on Wednesday, as markets saw any prospect of a dovish pivot from the US Federal Reserve dashed on Tuesday after its chair said rates would likely remain high.

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7 Mar 2023 12:09

CORRECT: John Wood shares up as receives new Apollo takeover approach

(Correcting headline to clarify that John Wood has not rejected the proposal.)

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TOP NEWS: John Wood shares up as rejects new Apollo takeover approach

(Alliance News) - John Wood Group PLC on Tuesday said it has rebuffed a fourth proposal for a takeover by Apollo Global Management Inc.

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