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WG. Wood Group (john) Plc

147.00
-1.00 (-0.68%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wood Group (john) Plc LSE:WG. London Ordinary Share GB00B5N0P849 ORD 4 2/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.68% 147.00 147.40 147.90 149.50 144.60 144.60 1,924,201 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 5.9B 464M 0.6707 2.20 1.02B

Wood Group (John)PLC Wood wins new contract with INPEX in Australia

20/02/2018 7:00am

UK Regulatory


 
TIDMWG. 
 
20 February 2018 
 
Wood wins strategic five-year engineering services contract supporting INPEX in 
                                   Australia 
 
Wood has been awarded the brownfield engineering services contract for the 
INPEX-operated Ichthys offshore facilities, located 220 kilometres off the 
coast of Western Australia and onshore liquefied natural gas (LNG) processing 
facilities in Darwin, Northern Territory. 
 
Effective immediately, the contract is for five years with a two-year extension 
option and will be executed from Wood's offices in Perth, Australia. It 
includes the delivery of engineering services to support the execution of 
brownfield works as well as technical support services. 
 
It follows the win of a five-year contract in September 2016, to provide subsea 
engineering services to support Ichthys LNG. 
 
Robin Watson, Wood's chief executive said: "We are proud to be offering our 
diverse capabilities from subsea and topsides to brownfield engineering on this 
complex project, which has an operational life of at least 40 years. 
 
"Our commitment is to leverage our global brownfield engineering expertise to 
ensure we deliver innovatively, efficiently and safely." 
 
                                    -ends- 
 
Note to Editors: 
 
Wood is a global leader in the delivery of project, engineering and technical 
services to energy and industrial markets. We operate in more than 60 
countries, employing around 55,000 people, with revenues of around $10 
billion.  We provide 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. We strive to be the best technical services company 
to work with, work for and invest in. http://www.woodplc.com/ 
 
For further information contact:  press.office@woodplc.com 
 
 
 
END 
 

(END) Dow Jones Newswires

February 20, 2018 02:00 ET (07:00 GMT)

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