Richard Howson, who left Carillion just weeks before it went into liquidation, has stepped down from the board of Wood. Other shares in the blue chip index seeing a healthy gain included: Business presenter, BBC Good Morning Scotland, The Aberdeen-based firm sells to a US firm to concentrate on other opportunities. Distributed by Public, unedited and unaltered, on 12 January 2021 07:07:05 UTC HOUSTON, BELFIELD, N.D., April 16, 2020 (GLOBE NEWSWIRE) -- Meridian Energy Group, Inc., a leading innovator in the petroleum refining industry, announced today that the company has entered into a long-term agreement with Wood, a global leader in consulting, projects and operations solutions in energy and the built environment. When first announcing the takeover in March, Wood Group said it would result in "significant cost and revenue synergies" of at least £110m a year. The Aberdeen-based firm is to take charge of building a new biotechnology plant in Germany. The group meetings and one-on-ones were designed to accommodate the maximum interaction between attendees: 66 investors from 40 investment houses met with 51 company representatives from 24 companies in 164 investor meetings. The year 2020 will be remembered for the global pandemic which still surrounds u... © John Wood Group PLC 2020 Registered in Scotland No: SC36219 Registered office: 15 Justice Mill Lane Aberdeen, AB11 6EQ Scotland, UK, Environmental studies, permitting and compliance, Engineering, design and project management, Mineral resources and project assessments, Subsea, umbilical, riser and flowline (SURF), Planning clean, sustainable solutions for drinking water impacted by PFAS, Protecting public health through innovative groundwater treatment, Confronting the PFAS challenge: unlocking a resilient strategy, Future workplace: rethinking industrial hygiene to keep employees safe, Future workplace: meet the heroes of industrial hygiene, Water innovation: intelligent asset management for our future, Water innovation: one week to drive down carbon, Mining towards 2050: minerals and metals for a sustainable world, Mining towards 2050: current market outlook, Future mobility: exploring the new normal, Future mobility: the changing demands of public transport, Webinar-Effective-process-training-Efficient-operations_Wood-webinar-page-350x350a.jpg. The Wood Group has announced two South American projects which it claims to be among the most modern operating pulp mills in the world.. Energy services giant sells division to cut debt, Energy services giant pulls out of UK nuclear, Ex-Carillion boss resigns from energy firm. Wood is helping clients navigate toward a sustainable energy future through optimized operations, low-carbon production systems and pioneering renewable projects. Wood plc news home page. The move comes after a £250m deal with US engineering firm Jacobs was cleared by regulators. About Wood. "Wood Group was around 80 percent oil and gas – mostly upstream – and, as of now, we're about 55 percent oil and gas," Stewart said. Follow WG. The Middle East is a key growth area for Wood. The Aberdeen-based firm will provide design and engineering services at the Cumbria site for the next 20 years. WOODKraft Cheltenham 13 Regent Street, Cheltenham, GL50 1HE. StockMarketWire.com - Engineering company Wood Group said it had won a contract worth more than $120 million from China's Sinopec Hainan Refining and Chemical. It is listed on the London Stock Exchange as well as being a constituent of the FTSE 250 Index History. Wood Group (john) Share News (WG.) Sell. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views. The FTSE 250 index is down just 10 points at 19,475.84. Find the latest WOOD GROUP (JOHN) PLC ORD 4 2/7 (WG.L) stock quote, history, news and other vital information to help you with your stock trading and investing. The FTSE 100 ended the week on the up, closing 1.28% ahead at 6,789.74. For over 30 years we have been investing selectively to improve local services and support communities. Wood Group PSN (WGPSN) will provide project management for an onshore facility under the three year contract, which is effective immediately. Engineering group head honoured for work in leading company's global expansion; Mike Collins, Wood’s executive president of projects, stated: “We look forward to continuing our partnership to deliver this project safely, sustainably and on-time, making a positive contribution to … Latest News on Wood Group, Read more information on Wood Group ... News. So spare a thought for the long term shareholders of John Wood Group PLC ; the share price is down a whopping 82% in the last three years. Sell. Wood has been present in the Caspian region for over 20 years. Backed by an 85+ year history of operating within the Asia Pacific region, Wood is proud of its longstanding partnerships, underpinned by our proven ability to optimise asset performance, drive capital efficiency and deliver for our customers. Share Name Share Symbol Market Type Share ISIN Share Description; Wood Group (john) Plc: LSE:WG. Among the fallers are iron ore pellet producer Ferrexpo which has delayed its full-year results and is down 9% while Polypipe, which reported results earlier, is also down 8%. That'd be enough to cause even the strongest minds some disquiet. Wood has been present in the Caspian region for over 20 years. 3. We combine our strong knowledge of the area, global expertise across the entire asset life cycle and experience required to operate successfully in the harsh and complex environment of the … Buy. Wood Group (John) PLC ) moved to the top of the FTSE 250 on Wednesday after the oilfield services group revealed “significant growth” in profits so far this year. Wood Group employs 29,000 people while … Working with us. The P/E ratio of John Wood Group PLC (WG.L) is 56.20, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.63. John Wood Group PLC (WG.L) has a P/B Ratio of 0.57. Share News. John Wood Group PLC is a United Kingdom-based company, which offers consulting, projects and operations solutions. “Resilient financial performance in 2020 was underpinned by our broad end market exposure and flexible business model. Price to Book Value per Share Ratio. Wood Group. Financial News Articles for Wood Group (John) Plc Ord 4 2/7P updated throughout the day. WOOD Manchester Jack Rosenthal Street, First Street, Manchester, M15 4RA. No news or research item is a personal recommendation to deal. The more recent news is of little comfort, with the share price down 73% in a year. John Wood Group plc published this content on 12 January 2021 and is solely responsible for the information contained therein. The larger Wood is stronger and more diversified, he argued. The first is the MAPA project and extension of the ARAUCO Mill in Los Horcones, Chile, where Wood is delivering the structural designs for all the engineering, procurement and services. On the FTSE 250, Premier Oil's share price rose 14.75% to 75.85, followed by Tullow Oil, up 7.4% at 189.6p and Cairn Energy, ahead 4.8% at 167.7p. An earlier statement by Primark that it had experienced a "challenging November" meant that its parent company, Associated British Foods, was the biggest faller on the FTSE 100. Read about our approach to external linking. No news or research item is a personal recommendation to deal. Wood Group Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Wood Group has won a new contract worth approximately $90 million to deliver services to one of the world’s leading blue-chip international oil companies (IOC) in Iraq. A production cut by OPEC and its allies sent oil companies to the top of both indexes. Shares in the Scottish oil giant climbed 8.47% to 366.10. Our footprint in Africa continues to expand. Long-term symptoms of COVID-19 ‘really concerning’, says WHO chief Switzerland. Philippines orders evacuation as world's strongest 2020 typhoon approaches Philippines. $2.8B. 1. Engineering and consultancy company Wood Group (John) PLC (WDGJF.PK, WG.L) said it has received more than $120 million worth contract from Sinopec Hainan Refining and Chemical Limited Company to provide engineering, procurement and construction or EPC services to expand its refinery development in the Hainan Free Trade Zone or FTZ in South China. We have maintained a presence in the region for over 7 decades; helping design, build, operate, maintain, and modify some of the world’s largest and complex facilities. John Wood Group, the oil services business, finished the day at the top of the blue chip risers, with its share price up 4.42% at 628p. Wood is strategically located throughout Latin America and the Caribbean in a variety of sectors including oil and gas, refining, chemicals, water, mining, energy, industrial plants and facilities and communications. The contract would see Wood … The Aberdeen-based energy services giant posts a £40m loss but its chief executive is pleased with where the company is. WG. The FTSE 100 ended the week on the up, closing 1.28% ahead at 6,789.74. Follow WG. Disclaimer. Find the latest WOOD GROUP (JOHN) (WDGJF) stock quote, history, news and other vital information to help you with your stock trading and investing. We are known in Europe for our unrivalled asset familiarity and performance-driven solutions throughout the asset life cycle, from development to decommissioning. The deal is completed after the firms agree to sell a range of assets to address competition concerns. Robin Watson, Executive Director, bought 2,389 shares in the company on the 19th November 2020 at a price of £2.75. Share Name Share Symbol Market Type Share ISIN Share Description; Wood Group (john) Plc: LSE:WG. The Aberdeen-based energy services firm will help develop onshore oil fields in the United Arab Emirates. Wood Group Blogs, Comments and Archive News on Economictimes.com (Sharecast News) - Wood Group … 'We are working with our clients on reducing carbon emissions on their projects and assets,' says Darren Martin, Group Chief Technology Officer at Wood. Wood Group (john) Share News (WG.) Company profile page for Wood Group USA Inc including stock price, company news, press releases, executives, board members, and contact information Energy services company Wood Group said it expected full year core earnings to fall by a fifth amid the Covid-19 pandemic and slumping oil price. Director Deals - Wood Group (John) PLC (WG.) Oil field company Wood Group is also lower, off 7.5%, after being hit by a slower recovery than expected in the oil and gas sector. However, only a third of Wood Group’s shale clients are big players, while the rest is independents, smaller operators and private equities. Buy. Among the risers are Kier, after it named a new chief executive, and Softcat, which reported a 40.4% rise in half year operating profits to £33.9m. The John Wood Group led the FTSE 100 risers today. For more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. At Woodland Group, we recognise the ever changing needs of our customers. The FTSE 250 ended 0.51% higher at 0.51% at 17,844.11. GE announced that its O&G business has entered into an agreement to acquire the Well Support division of John Wood Group for approx. FTSE 250 20,749.65 Company profile page for John Wood Group PLC including stock price, company news, press releases, executives, board members, and contact information Wood Group (J) News Headlines. Aberdeen-based John Wood Group sells its industrial services business to German firm Kaefer for up to £91m. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views. TRENDING. Wood provides performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, renewables, mining and general industrial sectors. 2. John Wood Group PLC has reserved $46 million to cover costs associated with possible settlements with U.S., Brazilian and Scottish authorities, the oil-field services company said. Wood provides performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, clean energy, mining, nuclear, and general industrial sectors. John Wood Group plc, commonly known as Wood, is a British multinational energy services company with headquarters in Aberdeen, Scotland. We combine our strong knowledge of the area, global expertise across the entire asset life cycle and experience required to operate successfully in the harsh and complex environment of the world’s largest land-locked body of water. WOOD & Company has been a member of the Bucharest Exchange since 2007 and boasts close to a 26% market share. Our global network, wealth of experience and local knowledge, and flexible, innovative approach enables us to find successful solutions that fit you and your business.
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