Wood Group secures $120m contract extension with Shell UK
20th Feb 2025 07:50
(Sharecast News) - Wood Group said on Thursday that it has been awarded a $120m contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.
Read moreWood Group CFO resigns after inaccurate statements about qualifications
20th Feb 2025 07:45
(Sharecast News) - The chief financial officer of Wood Group has resigned with immediate effect following an incorrect description of his professional qualifications in various statements in the public domain.
Read moreLondon close: Stocks slip as UK inflation tops forecasts
19th Feb 2025 16:05
(Sharecast News) - London's financial markets experienced declines on Wednesday, influenced by an unexpected rise in UK inflation and underwhelming corporate earnings.
Read moreLondon close: Stocks finish lower amid US-Russia talks
18th Feb 2025 15:46
(Sharecast News) - London stocks closed lower on Tuesday, reversing earlier gains as investors digested the latest UK employment figures and monitored US-Russia peace talks.
Read moreLondon close: Stocks finish Friday in the red
14th Feb 2025 16:56
(Sharecast News) - London stocks ended the week lower on Friday as investors reacted to US president Dinald Trump's announcement of reciprocal tariffs, while weakness in NatWest added to the pressure after the lender's latest results failed to impress.
Read moreWood Group shares tank on 'difficult' trading update
14th Feb 2025 07:13
(Sharecast News) - Shares in Wood Group were tanking on Friday morning, after it flagged weaker-than-expected fourth-quarter trading in an update, and warned of negative free cash flow in 2025.
Read moreLondon close: Stocks mixed as Trump reenters the Oval Office
20th Jan 2025 15:40
(Sharecast News) - London stocks ended Monday with a mixed performance as investors assessed the latest UK house price data and monitored Donald Trump's inauguration as the 47th president of the United States.
Read moreWood Group wins maintenance contract with Esso Australia
20th Jan 2025 07:03
(Sharecast News) - Wood Group on Monday said it had won a contract to provide long-term maintenance for Esso's onshore and offshore assets in Australia's Gippsland Basin.
Read moreWood Group offloads EthosEnergy stake for $138m
2nd Jan 2025 11:40
(Sharecast News) - John Wood Group announced on Thursday that it has completed the sale of its 51% stake in EthosEnergy Group to private equity firm One Equity Partners for a final net cash consideration of $138m.
Read moreWood Group wins contract to work on eco fuel refinery in Romania
19th Dec 2024 07:02
(Sharecast News) - John Wood Group on Thursday said it had won a contract by OMV Petrom for a major project to boost production of sustainable fuel in Southeast Europe.
Read moreLondon close: Stocks mixed as oil prices rise
5th Dec 2024 14:40
(Sharecast News) - London stocks closed mixed on Thursday as investors digested a new report on the UK construction sector and monitored political developments in France, while Frasers Group weighed heavily on sentiment after the retailer slashed its profit outlook.
Read moreWood Group secures three engineering, project delivery agreements with BP
5th Dec 2024 07:25
(Sharecast News) - Wood Group said on Thursday that it has secured three "major" agreements with BP to provide engineering and project delivery services for their capital projects worldwide.
Read moreLondon close: Stocks mixed amid global political concerns
4th Dec 2024 15:01
(Sharecast News) - London's financial markets ended Wednesday in a mixed state, as investors weighed the upcoming no-confidence vote in France and political tensions in South Korea.
Read moreLondon close: Stocks mixed ahead of UK inflation data
18th Nov 2024 16:56
(Sharecast News) - London's financial markets delivered a mixed performance on Monday, as traders digested fresh housing market data and braced for upcoming catalysts, including Nvidia's earnings and the latest UK inflation figures.
Read moreBerenberg lowers target price on John Wood
18th Nov 2024 11:03
(Sharecast News) - Analysts at Berenberg slashed their target price on engineering and consulting business John Wood Group from 150.0p to 60.0p on Monday, stating an independent review into its projects business had created "substantial uncertainty".
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