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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: 39.90
Bid: 39.88
Ask: 40.04
Change: 1.22 (3.15%)
Spread: 0.16 (0.401%)
Open: 39.00
High: 40.04
Low: 37.66
Prev. Close: 38.68
WG. Live PriceLast checked at -

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Wood Group wins contract to work on eco fuel refinery in Romania

Thu, 19th Dec 2024 07:02

(Sharecast News) - John Wood Group on Thursday said it had won a contract by OMV Petrom for a major project to boost production of sustainable fuel in Southeast Europe.

After work on the front-end engineering and design at the PetroBrazi refinery in Romania, Wood will now deliver engineering, procurement and construction management to install a new bio-hydrotreater unit and relevant storage facilities. No financial details were disclosed.

The refinery in Romania will become the first major production facility for sustainable aviation fuel (SAF) in the region. It will also produce hydrotreated vegetable oil.

"SAF results in significantly lower CO2 emissions compared to traditional fossil kerosene. The Petrobrazi refinery upgrades and its new SAF production will support the European Commission's goals to reach 6% SAF at EU airports by 2030 and 70% by 2050, ultimately helping to decarbonise the aviation industry," the company said.

Reporting by Frank Prenesti for Sharecast.com

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IN BRIEF: John Wood names former TalkTalk, ICAP CFO as interim CFO

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(Sharecast News) - Wood Group said it had appointed Iain Torrens as interim chief financial officer, replacing Arvind Balan who resigned last week after inaccurate claims about his professional qualifications.

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24 Feb 2025 17:29

UPDATE: Sidara confirms making cash offer approach for John Wood

(Alliance News) - Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara, on Monday confirmed it has made a bid approach to John Wood Group PLC.

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*

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CORRECT: John Wood confirms bid approach from previous suitor, Sidara

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24 Feb 2025 15:22

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