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

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

London Stock Exchange
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Share Price: 151.30
Bid: 150.40
Ask: 150.70
Change: 4.30 (2.93%)
Spread: 0.30 (0.199%)
Open: 147.30
High: 151.30
Low: 144.90
Prev. Close: 147.00
WG. Live PriceLast checked at -

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Wood Group wins major extension to North Sea contract

Wed, 27th Mar 2013 07:28

Energy services giant Wood Group has received a 'significant' three-year extension to its North Sea contract with CNR International, the firm announced on Wednesday.Wood Group's PSN division (WGPSN), which provides brownfield services to the oil and gas industry, has been working on the contract since 2005 and the extension is effective immediately.WGPSN provides project management, engineering, construction and general commissioning services on CNRI's Murchison, Tiffany, Ninian North, Central and South platforms in the North Sea."This is a major contract extension and enables us to secure employment for 200 offshore personnel and 250 onshore employees, working from our offices in Aberdeen, Runcorn and Hull. We look forward to continuing our long term working relationship with CNRI."WGPSN now employs more than 8,000 people working onshore and offshore in the UK.The news comes after a impressive week of contract wins for Wood Group. The company announced on March 20th that it had secured 11 new contracts in Africa across five nations worth $240m. It also revealed on Monday that Caltex Australia had extended its refinery maintenance contract by 18 months, worth an extra AUD45m ($47m).
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21 Mar 2023 15:49

UK earnings, trading statements calendar - next 7 days

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20 Mar 2023 09:44

Unite says 1,400 UK offshore workers to strike 'within weeks'

March 20 (Reuters) - Some 1,400 UK offshore workers are preparing to strike "within weeks at sites operated by major oil and gas companies, the Unite union said on Monday.

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20 Mar 2023 08:18

Unite says 1,400 offshore workers across companies to strike at UK continental shelf

March 20 (Reuters) - British union Unite on Monday said multiple industrial actions would hit major oil and gas operators as 1,400 offshore workers get set to strike "within weeks."

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17 Mar 2023 09:39

John Wood extends deadline for takeover offer from Apollo to April 19

(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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17 Mar 2023 07:16

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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14 Mar 2023 13:49

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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8 Mar 2023 11:17

Jefferies downgrades Wood Group to 'hold'

(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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8 Mar 2023 09:20

LONDON BROKER RATINGS: Jefferies cuts John Wood to 'hold' from 'buy'

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

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8 Mar 2023 07:59

LONDON BRIEFING: UK insurers report mixed results and change chairs

(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 17:15

UK stock indexes close down after Powell's hawkish remarks

Premier Foods climbs on annual profit outlook raise

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7 Mar 2023 17:02

LONDON MARKET CLOSE: Stocks down as Powell comments knock confidence

(Alliance News) - Stock prices in London closed lower on Tuesday, after Federal Reserve Chair Jerome Powell appeared to confirm that interest rates in the US are set to rise higher than markets previously expected.

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7 Mar 2023 12:21

LONDON MARKET MIDDAY: Stocks static ahead of US Fed chair testimony

(Alliance News) - Stock prices in London were broadly flat at midday on Tuesday, though the FTSE 100 crept into the green, as investors waited for Federal Reserve Chair Jerome Powell's two days of testimony before the US Congress.

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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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7 Mar 2023 11:12

Forget Powell: focus on inflation inputs

STOXX 600 up 0.2%

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7 Mar 2023 10:55

Banks surge ahead in 2023

STOXX 600 up 0.2%

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