Key Developments: John Wood Group PLC (WDGJF.PK)
11.27USD
4 Mar 2013
$-0.08 (-0.71%)
$11.35
$11.27
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Latest Key Developments (Source: Significant Developments)
John Wood Group PLC Announces Extension Of North Sea Contract With Total
John Wood Group PLC announced that it has secured a two year North Sea contract extension with TOTAL E&P UK Ltd (TOTAL). Based on historical turnover, the award is anticipated to be valued at USD150 million. Under the contract, WGPSN will continue to provide engineering, procurement, construction and commissioning services to TOTAL's Alwyn, Dunbar, Elgin and Franklin offshore platforms and the St Fergus onshore gas plant. Full Article
John Wood Group PLC Announces UK Contract Extension
John Wood Group PLC announced that it has achieved a significant three year, North Sea contract extension from CNR International U.K. Ltd (CNRI). The contract is to provide project management, engineering, construction and general commissioning services on CNRI's Murchison, Tiffany, Ninian North, Central and South platforms in the North Sea. WGPSN has held this contract since 2005 and the extension is effective immediately. Full Article
John Wood Group PLC Secures Contract Extension
John Wood Group PLC announced that it has secured a contract extension from Caltex Australia Ltd (Caltex) to deliver integrated maintenance services at its two Australian refineries - Lytton in Brisbane and Kurnell in Sydney. Effective from June 2013, the $45 million (AUD), 18 month contract marks the continuation of a three year contract first awarded to WGPSN in 2010. Full Article
John Wood Group PLC Proposes Final Dividend
John Wood Group PLC announced that the Board of Director has proposed a final dividend in respect of the financial year ended December 31, 2012 of 11.3 cents per share. The final dividend will be paid on May 22, 2013 to shareholders who are on the register of members on April 19, 2013. Full Article
John Wood Group PLC Announces Board Changes
John Wood Group PLC announced that Sir Ian Wood has retired as Chairman of the Board of Directors and as a Director of John Wood Group PLC. With effect from November 1, 2012, Allister G Langlands becomes Chairman of the Board and will Chair the Nomination Committee and Bob Keiller becomes Chief Executive Officer. Full Article
John Wood Group PLC Completes Acquisition Of Mitchells Oil Field Services, Inc
John Wood Group PLC announced that the completion on October 11, 2012 of the acquisition of Mitchells Oil Field Services, Inc. Full Article
John Wood Group PLC Updates On acquisition Of Mitchell's Oil Field Services, Inc.
John Wood Group PLC announced that it confirms receipt of anti-trust approval from the US Federal Trade Commission for its proposed acquisition of Mitchells. The condition to the acquisition having been satisfied, the acquisition of Mitchells is expected to complete by October 22, 2012. Full Article
John Wood Group PLC Secures Engineering, Procurement And Construction Contract
John Wood Group PLC announced that it has secured a $24 million contract with NRG Energy subsidiary Petra Nova to design and construct a 75 MW gas turbine peaking facility at the W. A. Parish Generating Station, located approximately 25 miles southwest of Houston. The project scope involves installation of the complete peaking plant on a turnkey basis, including a GE Frame 7EA gas turbine supplied by Petra Nova and all associated balance of plant equipment furnished by Wood Group GTS. Additionally, Wood Group GTS will perform inspection and all required maintenance on the gas turbine as part of the overall project. Work on this fast-track project will commence immediately, allowing the unit to be completed by the summer of 2013, in time to provide additional peak generating capacity to the Electric Reliability Council of Texas (ERCOT) market, which serves 23 million Texas customers. Full Article
John Wood Group PLC Announces Dividend
John Wood Group PLC announced that the Company intends to pay a total dividend of $0.17 per share for 2012 which will represent a 26% increase for the year. In order to rebalance more closely in the ratio of one third interim to two thirds final, the Company has declared an interim dividend of $0.057 which will be paid on September 28. Full Article
Wood Group (John) plc Acquires Duval
Wood Group (John) plc announced that it has acquired Duval, a provider of maintenance, installation and fabrication services in the Eagle Ford shale region of Texas. Terms of the transaction were not disclosed. Full Article
UPDATE 1-Wood Group aims to meet growth target despite turbine delays
LONDON, May 15 - British energy services company John Wood Group said delays in its gas turbines division should subside by the end of the year, allowing the group to meet forecast core profit growth of 15 percent for 2013.
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