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Wood has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO) - the country’s primary oil producer.

Gerry Traynor, President of Eastern Hemisphere Projects at Wood said, 'Our new contract with Petroleum Development Oman underscores our commitment to providing quality, assured delivery for our clients on their critical project investments.

'Our decades of regional experience, combined with our growing portfolio, creates exciting opportunities for our people to deliver exceptional engineering and project management for energy companies like PDO that are committed to delivering a secure energy future.'

Https://www.vision2030.gov.sa/en/explore/projects

- Mohammed Bin Salman Nonprofit City "Misk City” is the first nonprofit city of its kind.

- NEOM is home to THE LINE, Oxagon, Trojena, and Sindalah.

- Launched in 2024 Alat is enabling Saudi Arabia’s industrial transformation, making the country a global hub for Electronics & Advanced Industrials.

- THE RIG. is set to redefine adventure tourism, offering you the chance to embark on extraordinary experiences in a one-of-a-kind destination in the heart of the Arabian Gulf.

Major shareholders and Sidara will come to an agreement to get the takeover done.

The Wood BoD opinions are now irrelevant.

This is the perfect time for Sidara. All they have to do is put a great bid in on Monday and major shareholders will be glad to sell

Have a good weekend all

The value of Wood Group..... £1.6billion

Sign sealed and delivered

Sidara offer and 🚀

Sidara will see the market shakes in the short term to their advantage, putting into a good offer now will get the major shareholders on board as they will want the funds to spend on other shares that are down.

Watch the hoover switch on soon and clean up freefloat

The price is dropping because of the macro market, this is playing into Sidara hands, their offer in context has become stronger

The big money will being buy at basement prices

Trumps a blessing, he isolated the IS, new focus On mea region for growth!

The drop seems to be because of 2 sells, one for 500k at 8.05am, and another 440k shares at 9.53am. these look like funds having to sell due to risk and diligence as the market is dropping.

This is great news for PI to average down and load ready for news.

The drop is just giving cheap shares to PI to allow for bigger returns when Sidara offer drops.

Thank you papa Trump for this bountiful crop that we receive

The macro markets are dropping, nothing specific to this share

There is some serious portfolio balancing happening this morning, great for PI as gives cheap shares back on the market

The only reason the price is here is due to what Deloitte has uncovered. Also big pitch the whole market is down, if it was just Wood then I would be concerned but the fact that there are tons of good companies that share prices are at all time low shows is a macro issue

Https://www.venturesonsite.com/projects

£1.6b to buy a company that can work £500billion worth of projects over the next 10 years that themselves will generate a value of £20trillion in the MEA region over the same period is a bargain.

Is still think that paying 230 is the best way for wood to get this done now. The major shareholders will be happy to take a deal that size to offset their portfolio with what's happening to other shares.

Sidara have been to the table many times to taste the buffet, now they want to fill their plates.

I imagine alot of senior staff at Wood will be pushing for the takeover to secure their jobs.

It's a win win win situation for all involved.