Wood Group brushes off oil price drop fear December 11, 2014 British energy services company John Wood Group yesterday announced that it expects full-year results to be largely in line with expectations – an improvement on last year’s results, and defying fears over possible knock-on effects from the falling price of oil. The announcement comes after expectations arose of a steep fall in oil prices in [...]
Wood Group benefits from contract renewals May 14, 2014 ENERGY services firm Wood Group yesterday maintained its full-year trading outlook and said its performance for the year to date had been slightly ahead of expectations in two of its divisions. Its oil and gas services unit benefited from contract renewals secured in 2013 and continued strong demand in the North Sea. The FTSE 250-quoted [...]