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Wed, 20th Mar 2013 07:36
Multinational oil and gas services company Wood Group has won 11 new contracts in Africa, together worth 240m dollars.The group said on Wednesday its units Wood Group PSN, Wood Group GTS and Wood Group Mustang have secured deals for projects in five African nations.Wood Group PSN, which specialises in brownfield production services, has agreed to provide operations and maintenance and construction services to clients in Equatorial Guinea, Chad and Algeria."We are committed to building a sustainable business in Africa and are very clear about the countries and projects which we target, knowing where and how our expertise can enhance our customer's operations," said James Crawford, Wood Group PSN's Managing Director for Africa.Wood Group GTS, provider of rotating equipment solutions, has secured a long-term service agreement covering two GE Frame 9E gas turbines for an operator in Ghana.Wood Group Mustang, the process and facilities group of Wood Group Engineering, is providing detailed engineering for wellhead platforms, a production processing platform and a living quarters platform for an offshore project in Angola."Our commitment to building relationships and bringing economic value to African countries continues with recent project activity in the region," said the division's Executive Vice President, Michele McNichol. "We are expanding our history of successful project delivery to support the development of energy resources in this key oil and gas region and in providing career opportunities for local personnel."RD
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3 Jul 2023 07:33
Wood Group secures $250m contract extension in Brunei
(Sharecast News) - Wood Group said on Monday that it has secured a $250m contract extension from Brunei Shell Petroleum, Brunei's largest energy producer.
Read more14 Jun 2023 14:58
Petrofac Ithaca, Wood Group workers to resume North Sea strike
June 14 (Reuters) - British union Unite said on Wednesday that North Sea offshore oil and gas workers employed by Petrofac on the FPF1 platform, and by the Wood Group UK Limited on TAQA platforms will resume strike action over pay next week.
Read more14 Jun 2023 14:21
Petrofac Ithaca, Wood Group workers to resume strike action, Unite says
June 14 (Reuters) - British union Unite said on Wednesday that offshore workers employed by Petrofac on the FPF1 platform, and the Wood Group UK Limited on TAQA platforms will resume strike action next week.
Read more2 Jun 2023 11:43
UK "seen as less accommodating" for big business, despite Dechra deal
(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK.
Read more26 May 2023 09:41
LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more19 May 2023 14:54
John Wood investor Sparta Capital calls for buyback again
(Alliance News) - John Wood Group PLC should announce a share buyback programme to reverse its "material undervaluation", a shareholder said on Friday.
Read more15 May 2023 17:22
London stocks start week strong as banks, miners rise
Currys up after lifting annual earnings forecast
*Read more15 May 2023 17:11
European stocks rise as investors assess politics, economic data
Spanish lender BBVA hit by Turkey troubles
*Read more15 May 2023 16:55
LONDON MARKET CLOSE: Miners lift FTSE 100 in lukewarm start to week
(Alliance News) - Mining shares helped the FTSE 100 outperform on Monday, though peers in Europe only achieved minor gains in a tepid start to the week.
Read more15 May 2023 13:24
15 May 2023 12:22
LONDON MARKET MIDDAY: Stocks mostly up, but US budget impasse worries
(Alliance News) - Stock prices in London were largely higher at midday on Monday and the pound held firm against the dollar, with the FTSE 100 boosted by a strong performance by mining stocks.
Read more15 May 2023 12:11
Wood Group shares sink after Apollo abandons 1.7 bln pound bid
May 15 (Reuters) - Shares in John Wood Group were on track for their biggest one-day drop on record on Monday after U.S.-based Apollo Global Management said it would not proceed with a takeover of the British engineering services firm on its fifth attempt.
Read more15 May 2023 11:21
15 May 2023 10:30
TOP NEWS: John Wood remains confident as Apollo drops takeover bid
(Alliance News) - John Wood Group PLC on Monday said it was "well placed" to deliver value to shareholders and has faith in its long-term prospects, following Apollo Management Holdings LP's announcement that it will not make a takeover offer.
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