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John Wood Group PLC (WG.L)

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Wed, May 17 2017

BRIEF-Wood Group wins a ten-year services contract from Chevron

* Signs global master services agreement with Chevron and is awarded conceptual engineering contracts for Tigris and Anchor

UPDATE 1-Amec Foster's full-year pretax loss doubles to 542 mln stg

April 25 British oil and gas services company Amec Foster Wheeler Plc, which is being bought by John Wood Group Plc, said its full-year losses more than doubled as oil companies continued to delay or cancel service contracts.

Amec Foster Wheeler reports bigger-than-expected FY pretax loss

April 25 British oil and gas services company Amec Foster Wheeler Plc, which is being bought by John Wood Group Plc, reported a bigger-than-expected full-year pretax loss as the oil market rout forced companies to delay or cancel contracts.

Wood Group estimates higher cost savings from Amec Foster deal

Oil services company John Wood Group Plc said it expected about 36 percent more cost savings from its deal to buy Amec Foster Wheeler Plc for 2.2 billion pounds ($2.7 billion) than it first estimated when announcing the deal in March.

Wood Group estimates higher cost savings from Amec Foster deal

April 5 Oil services company John Wood Group Plc said it expected about 36 percent more cost savings from its deal to buy Amec Foster Wheeler Plc for 2.2 billion pounds ($2.7 billion) than it first estimated when announcing the deal in March.

Wood Group buys Amec Foster for $2.7 billion to target oil upturn benefits

Oil services company Wood Group has agreed to buy rival Amec Foster Wheeler for 2.2 billion pounds ($2.7 billion), seeking rewards from the fast-growing U.S. shale energy sector.

UPDATE 3-Wood Group buys Amec Foster for $2.7 bln to target oil upturn benefits

* Annual savings of 110 million pound seen (Adds context, company comments)

UPDATE 2-UK's Wood Group to buy rival Amec Foster in $2.7 billion deal

* Wood Group agrees 564 pence/share deal for Amec Foster Wheeler

Wood Group offers to buy Amec Foster in deal valued at 2.2 bln pounds

March 13 Oilfield services firm John Wood Group said on Monday it proposed to buy smaller peer Amec Foster Wheeler for a recommended all-share offer valued at about 2.2 bln pounds ($2.69 billion).

UK's John Wood Group posts 62 pct fall in FY profit, shares fall

Feb 21 Oilfield services company John Wood Group Plc reported a 62 percent fall in its 2016 profit as weak oil prices continued to force oil producers to slash spending.

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