Wood Group $250m in US midstream contract work
9th Oct 2018 07:32
(Sharecast News) - Oil services firm Wood Group on Tuesday said it had won a string of new midstream sector contracts across the US with a combined revenue of $250m.
Read moreWood Group awarded three-year contract with Hess
6th Sep 2018 09:34
(Sharecast News) - FTSE 250 energy services company Wood Group has been awarded a three-year non-exclusive contract by Hess Corporation for the provision of operations, maintenance and other support services in the Gulf of Mexico.
Read moreSector movers: Market chatter stocks gains in Wood Group, Paper Packaging
22nd Aug 2018 13:25
(Sharecast News) - Cyclicals are pacing gains on a quiet day of summer trading on Wednesday, with analyst chatter dictating market moves, with what traders are left about in the City for the most part opting to sit on their hands ahead of tomorrow's expected conclusion, for now, of two days of trade talks between China and the US, even as they mull over the potential implications of the political storm unfolding over Capitol Hill.
Read moreWood Group confident of improved second half
21st Aug 2018 08:09
(Sharecast News) - John Wood Group reported "strong" organic growth in its half-year results on Tuesday, with total revenue rising 13.4% to $5.38bn.
Read moreWood Group secures new six-year deal with Shell in the Philippines
20th Aug 2018 08:02
(Sharecast News) - John Wood Group announced on Monday that it has secured a new six-year contract with Shell to provide asset management services to the Malampaya deepwater gas-to-power project in the Philippines.
Read moreJohn Wood sells wind farm interest for $27m
16th Aug 2018 07:25
(Sharecast News) - Oil services firm John Wood said it was selling its 50% stake in the Voreas wind farm joint venture in Italy for $27m ($21.2m) in cash.
Read moreMonday broker round-up
6th Feb 2017 12:34
(ShareCast News) - Rio Tinto: Macquarie reiterates outperform with a target price of 4300p. Barclays: HSBC reiterates buy, 260p target. Restaurant Group: UBS reiterates neutral with a 310p target. Beazley: JP Morgan reiterates overweight with a 460p target. Inchcape: Deutsche Bank reiterates buy
Read moreWood Group secures five-year contract with Hess in Malaysia
31st Jan 2017 07:55
(ShareCast News) - Wood Group has been awarded a five-year operations and maintenance contract with Hess Exploration & Production Malaysia to support its new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150km north east of the Peninsula
Read moreWood Group secures multi-million dollar Saudi Aramco contract
10th Jan 2017 14:26
(ShareCast News) - Wood Group has secured a five-year multi-million dollar framework agreement with Saudi Aramco to continue providing engineering and project management services to its onshore capital programmes in the Kingdom of Saudi Arabia. The contract, which is effective immediately, also incl
Read moreCanaccord reiterates 'hold', lifts target price on Wood Group
21st Dec 2016 09:04
(ShareCast News) - Canaccord Genuity on Wednesday reiterated a 'hold' rating on John Wood Group but raised its target price to 875p from 850p. Wood Group's shares are more than 15% ahead of the sector, proving "remarkably resilient", Canaccord analyst Alex Brooks said. The broker raised its estimat
Read moreThursday broker round-up
15th Dec 2016 15:25
(ShareCast News) - Wood Group: UBS reiterates neutral with a target price of 875p. Burberry: Exane BNP Paribas keeps at neutral, 1490p target. Inmarsat: Deutsche Bank reiterates buy with a 1030p target. Sports Direct: Canaccord reiterates sell with a 160p target. Vodafone: Deutsche Bank reiterate
Read moreWood Group to increase full year dividend by double digits
14th Dec 2016 08:15
(ShareCast News) - While the oil and gas market remained "challenging" during 2016, Wood Group expects its performance for the fiscal year to be in line with expectations and intends to increase the dividend by a double digit percentage. In 2016, the Aberdeen-based company "significantly reduced" it
Read moreFTSE 250 movers: Oil services stocks bounce, Kaz knocked off high
15th Nov 2016 16:00
(ShareCast News) - The FTSE 250 index was on the up again on Tuesday, rising almost 0.5% to over 17,550 by mid-afternoon as oil-related stocks inflated on hopes of more oil price gains. Oil service companies Petrofac and Wood Group were among the top risers, with engineer Amec Foster Wheeler a
Read moreWood Group wins $40m contract with ExxonMobil Chemical
15th Nov 2016 07:53
(ShareCast News) - Wood Group has been awarded a $40m contract by ExxonMobil Chemical to provide main automation contractor services for a grassroots polyethylene plant to be built in Beaumont, Texas. The services include the detailed design and site construction of the process control systems for w
Read moreWood Group wins further five-year contract with Hibernia
24th Oct 2016 08:15
(ShareCast News) - Oil services engineer Wood Group has won a five-year contract extension to provide services on the Hibernia oil field offshore Newfoundland. The contract, with the Hibernia Management and Development Company consortium, offers the potential for two further five-year extensions.
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