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. Share News. Follow WG. 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. Our footprint in Africa continues to expand. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views. “Resilient financial performance in 2020 was underpinned by our broad end market exposure and flexible business model. 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. Follow WG. 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. The FTSE 100 ended the week on the up, closing 1.28% ahead at 6,789.74. "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. The FTSE 250 ended 0.51% higher at 0.51% at 17,844.11. 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. FTSE 250 20,749.65 Company profile page for Wood Group USA Inc including stock price, company news, press releases, executives, board members, and contact information John Wood Group plc published this content on 12 January 2021 and is solely responsible for the information contained therein. 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. Wood Group PSN (WGPSN) will provide project management for an onshore facility under the three year contract, which is effective immediately. Price to Book Value per Share Ratio. The more recent news is of little comfort, with the share price down 73% in a year. The deal is completed after the firms agree to sell a range of assets to address competition concerns. Wood Group (J) News Headlines. Wood is helping clients navigate toward a sustainable energy future through optimized operations, low-carbon production systems and pioneering renewable projects. Read about our approach to external linking. Working with us. 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. Financial News Articles for Wood Group (John) Plc Ord 4 2/7P updated throughout the day. Richard Howson, who left Carillion just weeks before it went into liquidation, has stepped down from the board of Wood. John Wood Group PLC is a United Kingdom-based company, which offers consulting, projects and operations solutions. The FTSE 100 ended the week on the up, closing 1.28% ahead at 6,789.74. Robin Watson, Executive Director, bought 2,389 shares in the company on the 19th November 2020 at a price of £2.75. Wood has been present in the Caspian region for over 20 years. WG. Energy services giant sells division to cut debt, Energy services giant pulls out of UK nuclear, Ex-Carillion boss resigns from energy firm. Wood plc news home page. Sell. The Aberdeen-based energy services firm will help develop onshore oil fields in the United Arab Emirates. 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%. The Aberdeen-based firm will provide design and engineering services at the Cumbria site for the next 20 years. Wood Group Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. 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. 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. The contract would see Wood … Wood has been present in the Caspian region for over 20 years. Philippines orders evacuation as world's strongest 2020 typhoon approaches Philippines. Long-term symptoms of COVID-19 ‘really concerning’, says WHO chief Switzerland. Disclaimer. WOOD Manchester Jack Rosenthal Street, First Street, Manchester, M15 4RA. The FTSE 250 index is down just 10 points at 19,475.84. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views. 'We are working with our clients on reducing carbon emissions on their projects and assets,' says Darren Martin, Group Chief Technology Officer at Wood. The larger Wood is stronger and more diversified, he argued. $2.8B. 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 … TRENDING. Wood Group Blogs, Comments and Archive News on Economictimes.com 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. However, only a third of Wood Group’s shale clients are big players, while the rest is independents, smaller operators and private equities. 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. 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. 3. John Wood Group PLC (WG.L) has a P/B Ratio of 0.57. Wood Group. The Aberdeen-based firm is to take charge of building a new biotechnology plant in Germany. 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. WOODKraft Cheltenham 13 Regent Street, Cheltenham, GL50 1HE. 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. 1. 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. 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. Director Deals - Wood Group (John) PLC (WG.) Company profile page for John Wood Group PLC including stock price, company news, press releases, executives, board members, and contact information A production cut by OPEC and its allies sent oil companies to the top of both indexes. 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. Wood Group (john) Share News (WG.) 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. 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 Middle East is a key growth area for Wood. The Aberdeen-based energy services giant posts a £40m loss but its chief executive is pleased with where the company is. Wood Group employs 29,000 people while … Wood Group (john) Share News (WG.) Shares in the Scottish oil giant climbed 8.47% to 366.10. 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. Share Name Share Symbol Market Type Share ISIN Share Description; Wood Group (john) Plc: LSE:WG. Find the latest WOOD GROUP (JOHN) (WDGJF) stock quote, history, news and other vital information to help you with your stock trading and investing. Sell. We are known in Europe for our unrivalled asset familiarity and performance-driven solutions throughout the asset life cycle, from development to decommissioning. No news or research item is a personal recommendation to deal. WOOD & Company has been a member of the Bucharest Exchange since 2007 and boasts close to a 26% market share. The John Wood Group led the FTSE 100 risers today. The move comes after a £250m deal with US engineering firm Jacobs was cleared by regulators. For more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. 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. 2. Aberdeen-based John Wood Group sells its industrial services business to German firm Kaefer for up to £91m. 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. About Wood. Latest News on Wood Group, Read more information on Wood Group ... News. For over 30 years we have been investing selectively to improve local services and support communities. Share Name Share Symbol Market Type Share ISIN Share Description; Wood Group (john) Plc: LSE: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. No news or research item is a personal recommendation to deal. 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 … Distributed by Public, unedited and unaltered, on 12 January 2021 07:07:05 UTC The Wood Group has announced two South American projects which it claims to be among the most modern operating pulp mills in the world.. It is listed on the London Stock Exchange as well as being a constituent of the FTSE 250 Index History. (Sharecast News) - Wood Group … John Wood Group plc, commonly known as Wood, is a British multinational energy services company with headquarters in Aberdeen, Scotland. 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. 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. At Woodland Group, we recognise the ever changing needs of our customers. Buy. 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. 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. GE announced that its O&G business has entered into an agreement to acquire the Well Support division of John Wood Group for approx. That'd be enough to cause even the strongest minds some disquiet. Week on the London Stock Exchange as well as being a constituent of the Bucharest Exchange since 2007 boasts! 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