Wood Group secures $2.8bn UAE project
10th Jun 2025 13:17
(Sharecast News) - Wood Group said on Tuesday that it has been awarded a $2.8bn contract by ADNOC to deliver an engineering, procurement and construction management (EPCm) package for the long-term gas processing facilities at the UAE's Habshan facility.
Read moreWood Group wants Sidara takeover finalised before end of June - report
10th Jun 2025 09:59
(Sharecast News) - Wood Group is expected to request an extension to the so-called 'put up or shut up' takeover deadline for Sidara in an attempt to get the deal done before the end of June.
Read moreWood Group extends 'put-up-or-shut-up' deadline for Sidara bid
15th May 2025 10:39
(Sharecast News) - John Wood Group announced an extension to the deadline for Sidara to make a firm takeover offer on Thursday, giving the suitor until 1700 BST on 12 June to either confirm its intent or walk away.
Read moreWood Group extends Sidara offer deadline for second time
17th Apr 2025 11:07
(Sharecast News) - Scottish engineering and consulting business Wood Group has extended the deadline for Dubai's Sidara to make a formal takeover offer for the second time.
Read moreLondon close: Stocks rise on Trump tariff exemption hopes
14th Apr 2025 15:50
(Sharecast News) - London stocks rallied on Monday, with both the FTSE 100 and FTSE 250 posting strong gains as investors responded to shifting signals on US trade policy.
Read moreWood Group minded to recommend latest takeover proposal from Sidara
14th Apr 2025 07:42
(Sharecast News) - Wood Group said on Monday that Dubai's Sidara has made a non-binding conditional takeover proposal valuing the company at 35p per share that it would be minded to recommend.
Read moreCanaccord Genuity places Wood Group 'under review'
3rd Apr 2025 12:22
(Sharecast News) - Analysts at Canaccord Genuity placed their target price and rating on oilfield services business Wood Group under review on Thursday, stating it was "lacking reasonable grounds" to take a stance on the stock.
Read moreWood Group finds 'material weakness and failures' in accounts
31st Mar 2025 08:22
(Sharecast News) - Engineering and consulting business Wood Group revealed on Monday that its shares would most likely be suspended from trading on the London Stock Exchange after finding "material weakness and failures" in its books.
Read moreLondon close: Stocks mixed as tariff fears waver
24th Mar 2025 15:13
(Sharecast News) - London stocks ended Monday largely flat in muted trading, with early optimism around Donald Trump's comments on reciprocal tariffs fading as the session progressed.
Read moreWood Group extends Sidara 'put up or shut up' deadline
24th Mar 2025 07:49
(Sharecast News) - Wood Group said on Monday that the deadline by which Dubai's Sidara must either announce a formal intention to make an offer for the company or walk away has been extended.
Read moreLondon close: Stocks mixed on corporate earnings, Trump tariff threats
27th Feb 2025 15:43
(Sharecast News) - London stocks closed in a mixed state on Thursday, with the top-flight index recovering from a weaker open as investors absorbed fresh US jobless claims data and a wave of corporate earnings reports.
Read moreWood Group appoints interim CFO
27th Feb 2025 07:41
(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.
Read moreLondon close: Stocks turn lower, Chemring and Wood Group surge
24th Feb 2025 15:22
(Sharecast News) - London stocks ended slightly lower on Monday as investors assessed the outcome of Germany's national election and market movements driven by corporate activity.
Read moreWood Group said to be in takeover talks with Sidara, shares jump
24th Feb 2025 14:08
(Sharecast News) - Oil services and engineering firm Wood Group confirmed on Monday that it had received a takeover approach from Dubai's Sidara.
Read moreLondon close: Stocks slip as US jobless claims rise
20th Feb 2025 16:06
(Sharecast News) - London equities ended lower on Thursday as investors reacted to a higher-than-expected rise in US jobless claims and a decline in UK consumer confidence.
Read more