She speaks well of you lol |
There's a brief mention of the aviation fuel contract in the morning II report:
John Wood Group said it "has been awarded a significant contract by OMV Petrom for a major project to boost the production of sustainable fuel in Southeast Europe". John Wood will, having successfully delivered front-end engineering and design work for the Petrobrazi refinery in Romania, conduct engineering, procurement and construction management to install a new bio-hydrotreater unit and relevant storage facilities. The Petrobrazi refinery is set to "become the first major production facility for sustainable aviation fuel in the region", John Wood said. |
Ken Gilmartin, CEO at Wood said:
"This significant contract award builds on our longstanding relationship with OMV Petrom. We are proud to continue partnering with them to futureproof their infrastructure and enable the production of low carbon fuels.
"We have deep knowledge of our clients' assets through decades of proven project delivery. This, combined with our world-class engineering and execution expertise, positions Wood to successfully complete this project and establish Petrobrazi as the first major producer of sustainable fuels in Southeast Europe." |
Following successful delivery of the front-end engineering and design (FEED) for this important project, Wood will now deliver engineering, procurement and construction management (EPCm) to install a new bio-hydrotreater unit and relevant storage facilities at the refinery. This project will enable the production of sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) utilising Honeywell UOP Ecofining™ process technology. |
Mcmather
8-) |
11 June 2024
"OMV Petrom invests ~EUR 750 million at Petrobrazi to become the first major producer of sustainable fuels in Southeast Europe" |
Well spotted! |
hxxps://www.woodplc.com/news/latest-press-releases/2024/middle-east-contract-wins-hit-920-million-in-2024 |
I have seen announcements made by other companies that contain references to John Wood providing services to them. It would appear that they rate John Wood highly and are proud of having Wood as a project partner. |
 Weekly Wins | Winning as Wood
We’re finishing 2024 with some great wins across our end markets and geographies.
Total Energies – awarded two sole-sourced contracts in Iraq for engineering services and materials purchasing. Led by Stuart Gove, Jim Donaldson, Hazel Napolis, Adam Bunkeila and Jordan Head #energysecurity
Equinor – awarded a concept study of the Martin Linge field in the North Sea. Led by Andreas Hatlo, Camilla E Skilbred and Anne-Cathrine Moseng #energysecurity
Confidential Client - awarded pre-FEED phase for the design and integration of a blue hydrogen production facility using licensed technology in Alberta, Canada. Led by John-Roy Vosloo and Ameer Khan. #energytransition
Seagreen Wind - Appointed to conduct operations monitoring on behalf of the lenders to Scotland’s largest offshore wind farm. Led by Jamie Skinner, Claire Daly and David Baxter #energytransition
ExxonMobil Angola - Awarded Kizomba A/B Subsea Life Extension Study. Led by Ryan Watson, John Upchurch, Rocco Prestifilippo and Vika Shcherbakova #energysecurity
Chiesi Farmaceutici - awarded an extension to cover the qualification phase of the new Biotech DS Hub Building in Parma, Italy, including office and site activities. Led by Michele Solaroli #lifesciences
Woodside - GWF4 Wilcox Pipeline pre-FEED scope extension for the Greater Western Flank 4 subsea tie-back project, located on the Australian North-West Shelf. Led by Nick Brown and Jonathan Woodward. #energysecurity
Keep pushing those wins over the line and let's close out the year on a high! |
Would be good to see 70p taken out this session |
I don't think the takeover will be hostile. I think that the directors are quietly happy to accept a reasonable offer. But I think more than one bidder will emerge and they will fight it out. The first smell of a takeover will push the share price beyond 100 p. |
This has got to be a hostile T/O target at these levels? |
I go by the upward chart and sentiment. No news is good news. Business carries on as usual. |
Great recovery from 50p. Should continue to grind back up to 100 |
WG. continue to be involved in this project: |
Jolly good a nice rally before Christmas.
8-) |
Definitely interested to see if Sidara or Apollo re-appear with new revised.I still think the board was probably correct in their assessment that the company is worth a lot more, but just can't seem to turn a profit despite the turnover. No idea how Apollo could achieve that but Sidara could certainly manage it in house and cut the costs. |
Go with the flow. Don't swim against the tide. The share has hammered out a solid base at around 50 p and has been moving up ever since. It went up to 72 p not long ago. It will rise above 70 p again. It will reach 100 p. |
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