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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: 199.10
Bid: 199.30
Ask: 199.70
Change: -1.70 (-0.85%)
Spread: 0.40 (0.201%)
Open: 200.00
High: 202.20
Low: 199.10
Prev. Close: 200.80
WG. Live PriceLast checked at -

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Wood Group wins "major" Total contract in UKCS

Tue, 31st Mar 2015 07:55

Energy services outfit Wood Group has won a "major" new contract with French oil giant Total in the UK Continental Shelf (UKCS).The FTSE 250 group did not give exact financial details but said its PSN division was awarded a five-year, multimillion-dollar contract which includes the option for two one-year extensions.Total is paying PSN for engineering, procurement, construction and commissioning services at four offshore assets and two onshore facilities in the UKCS.PSN has been providing these services to the Alywn, Dunbar, Elgin and Franklin platforms and the St Fergus Gas Terminal for the last 12 years.The contract also covers support for the Shetland Gas Plant, the onshore receiving facility for Laggan Tormore, which will start production later this year."Our knowledge and in-depth understanding of this key client's needs, and our strong commitment to working safely, collaboratively, innovatively and efficiently to maximise productivity of these assets, helped us to secure this contract," said PSN UK managing director Dave Stewart."We look forward to continuing our long-standing partnership with Total in the UKCS."Wood Group was trading 1.7% higher at 655p by 08:20 on Tuesday.
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(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.

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TOP NEWS: John Wood decides to engage with Sidara over possible bid

(Alliance News) - John Wood Group PLC on Wednesday said it has decided to engage with Dar Al-Handasah Consultants Shair & Partners Holdings Ltd after evaluating a fourth bid proposal received last Wednesday.

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TOP NEWS: John Wood gets "fourth and final" Sidara takeover bid

(Alliance News) - John Wood Group PLC on Wednesday confirmed that Dar Al-Handasah Consultants Shair & Partners Holdings Ltd has made another cash takeover offer.

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29 May 2024 14:55

Sidara raises proposed buyout offer for UK's Wood Group for third time

May 29 (Reuters) - Dubai-based engineering and consulting firm Sidara on Wednesday raised its proposed takeover offer for John Wood Group for the third time, saying that was its "final offer" for the British oilfield services and engineering company.

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29 May 2024 14:04

Sidara makes final takeover approach to Wood Group at 230p a share

(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.

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TOP NEWS: John Wood spurns third takeover approach from Sidara

(Alliance News) - John Wood Group PLC on Friday said it rejected a third takeover approach from Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara.

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Wood Group rejects new 220p-a-share approach from Sidara

(Sharecast News) - Wood Group said it had rejected a third unsolicited £1.52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to "significantly undervalue" the group and its prospects.

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