The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma 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: 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
WG. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wood Group to cut UK contractor pay by 9%

Fri, 19th Feb 2016 10:59

(ShareCast News) - Wood Group PSN, a division of energy services company Wood Group, plans to cut the pay of around 200 North Sea contractors by 9% as weak oil prices take their toll.The latest reduction follows 10% cuts in May and December of 2014.Managing director for the UK and Africa, James Crawford, said: "This is not a decision we have taken lightly, but we believe it is the right one to proactively meet the continuing cost and resourcing challenges affecting the UK North Sea oil and gas sector."This adjustment to the rates we pay our UK contractors ensures we continue to be competitive within the marketplace."Wood Group PSN operates in more than 40 countries and provides operations and maintenance, engineering, construction, project management, training and decommissioning services to the energy industry.
More News
7 Mar 2023 09:45

Britain's Wood Group may reject $1.98 bln Apollo buyout proposal

March 7 (Reuters) - John Wood Group said it may reject a sweetened 1.64 billion pound ($1.98 billion) buyout proposal from private-equity firm Apollo Global Management Inc , as it still undervalued the British oilfield services and engineering company.

Read more
7 Mar 2023 08:56

LONDON MARKET OPEN: European markets subdued before Fed testimony

(Alliance News) - London's equities got off to a lukewarm start on Tuesday, as investor caution prevailed ahead of policy commentary by the head of the US central bank.

Read more
7 Mar 2023 07:49

LONDON BRIEFING: UK house prices rise; John Wood gets 4th Apollo bid

(Alliance News) - Stocks in London were called to open flat on Tuesday, with the market focusing on US monetary policy.

Read more
7 Mar 2023 07:44

Wood Group rejects fourth takeover approach from Apollo

(Sharecast News) - Wood Group said on Tuesday that it was 'minded to reject' a fourth takeover approach from Apollo Global Management as it undervalues the business.

Read more
23 Feb 2023 17:10

FTSE 100 slips as ex-dividend trades weigh, Rolls-Royce soars

Rolls-Royce jumps on upbeat forecast

*

Read more
23 Feb 2023 17:00

LONDON MARKET CLOSE: FTSE 100 struggles, but European peers rise

(Alliance News) - Stock prices in London closed mixed on Thursday, with blue-chips ending in the red on renewed concerns of higher rates in the US, as well as a host of stocks going ex-dividend.

Read more
23 Feb 2023 13:52

AI could be the 'new gold' and Nvidia the largest 'miner'

STOXX 600 up 0.2%

*

Read more
23 Feb 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms as rate worries weigh

(Alliance News) - Stock prices in London were largely higher at midday on Thursday, though the FTSE 100 was in the red as the more globally-focused index lamented interest rates in the US will likely keep pushing higher.

Read more
23 Feb 2023 11:56

Sell side sees 2-19% upside for top euro zone banks

STOXX 600 up 0.18%

*

Read more
23 Feb 2023 11:35

U.S. housing market flashes red recession signals

STOXX 600 up 0.1%

*

Read more
23 Feb 2023 09:59

STOXX gets tech support

STOXX 600 up 0.1%

*

Read more
23 Feb 2023 09:02

LONDON MARKET OPEN: Mixed open in London; Rolls-Royce up, Mondi down

(Alliance News) - Stock prices in London opened mixed on Thursday, with large-cap indices underperforming amid mixed corporate earnings.

Read more
23 Feb 2023 08:29

Wood Group shares rally on unsolicited Apollo approach

MILAN, Feb 23 (Reuters) - Wood Group shares rallied more than 30% on Thursday after the British energy services provider said it had received and then rejected three unsolicited takeover proposals from U.S. private equity group Apollo Global Management.

Read more
22 Feb 2023 17:49

Wood Group rejects takeover offer from Apollo

(Sharecast News) - Wood Group said on Wednesday that it has rejected three unsolicited, preliminary and conditional takeover proposals from Apollo Global Management.

Read more
22 Feb 2023 17:37

TOP NEWS: John Wood rejects GBP1.6 billion Apollo takeover approach

(Alliance News) - John Wood Group PLC on Wednesday said it has rebuffed three unsolicited proposals for a takeover by Apollo Global Management Inc.

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.