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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: 185.60
Bid: 187.00
Ask: 188.20
Change: -15.00 (-7.48%)
Spread: 1.20 (0.642%)
Open: 199.90
High: 211.80
Low: 184.10
Prev. Close: 200.60
WG. Live PriceLast checked at -

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Wood Group wins North Sea gas turbine maintenance deal

Tue, 22nd Oct 2013 08:13

Oil services company Wood Group has won a contract of undisclosed value to maintain gas turbines on North Sea oil projects.Wood said its GTS business had secured a "multi-million dollar" five-year contract from Talisman Sinopec Energy UK to service 22 Siemens Ruston gas turbines on the Buchan, Clyde, Tartan and Flotta installations. The deal starts next month.It follows a 10-year turbine fleet maintenance contract between the two companies which ends this year.Iain Murray of Wood Group GTS said: "This is a very positive step in strengthening our long-term relationship with Talisman Sinopec Energy UK."Talisman Sinopec Energy UK was created in 2012 as a joint venture between Talisman Energy and Addax Petroleum UK, a wholly owned subsidiary of the China Petroleum Corporation, or Sinopec Group.
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