Wood Group


All posts for Wood Group

Oil price, SDX Energy, Zenith Energy, Wood Group, Sundry-Conoco-IR pay?, And finally…

  Oil price With a decent rally on Friday the falls on the week were almost negated, WTI was down 19c and Brent 79c by Friday's close which could have been worse. After all it was the IEA vs Opec reports week, I know who I would hire to write a life saving piece of work and the inventory stats ...

Malcolm Graham-Wood - Malcy's Blog


Posted 27 days agoOpinion > oil priceSDX EnergyZenith Energy +5

Oil price, JOG, President, Columbus, Petrofac, Wood Group And finally…

  Oil price Oil prices faded at the end of last week for no great reason, TS Nate worried traders who thought that it would take out refining capacity but in the end whilst it was all gong and very little dinner by recent standards. The fundamental news is much more positive, the Putin/Salman t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > AminexAmerisur Resourcesoil price +15

Oil price, Wood Group, Sirius Petroleum, And finally…

Oil price Another up day yesterday and this time for choice the fundamentals were poor, the EIA stats showed a build of 118/- barrels against a forecast of a draw of 2.2m. Products were better particularly in gasoline which drew 900/- barrels when the API had a 1.4m build. This was partly due to t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's BlogWood GroupSirius Petroleum

Oil price, Pantheon, Sundry- Premier-Echo Energy- Wood Group- Providence Resources- And finally…

Oil price With the Opec and Non-Opec meetings due this week, culminating on Thursday with what should be a straightforward  discussion about whether to extend by 6 or 9 months the only change appears to be around deepening the cuts. I suspect that anything of that order will be discussed but proba ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > Malcy's BlogPantheon ResourcesPremier Oil +3

Oil price, Hurricane, Amerisur, Jersey Oil & Gas, Primeline Energy Holdings, Sundry-Wood Gp-Bowleven-Sirius-IOG-And finally…

Oil price Last week saw a modest but continued fall in oil prices, WTI was down $1.34 and Brent 96 cents. Downward forces just exceeded upward ones and on Friday the rig count showed a rise of 20 overall to 809 and in oil of 21 to 652. The meeting of the Opec/Non-Opec monitoring committee took pla ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > Malcy's BlogHurricane EnergyAmerisur Resources +6

Wood Group renews and extends North Sea contract with Premier Oil

Wood Group has been awarded a $50 million contract with Premier Oil, to deliver topside operations and maintenance services to the Balmoral floating production vessel (FPV) in the Central North Sea and the Solan installation, West of Shetland. The two year contract which has three, one year extens ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Wood GroupNorth SeaPremier Oil

Wood Group’s Acquisition of AMECFW will create a dominant player in a fragmented market

  Today, Wood Group announced the acquisition of Amec Foster Wheeler. This merger will create a clear market leader within the engineering and MMO-market, with a market share twice as large as its competitors. With a combined workforce of 64,000, it will rank as one of the top 15 oilfield service ...

Julia Weiss


Posted 9 months agoOpinion > Rystad EnergyWood Group

Oil price, Wood Group/Amec, Cape, Range Resources, Catch up sundry-Amerisur-President-IGas-Premier- And finally...

Oil price The CERA conference in Houston has a lot to answer for, as it managed to get enough people in the industry thinking that Opec couldn't hold together and then wouldn't rollover in June, cue the spivs head for the door panicking about their overweight positions. To be fair, the inventory s ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogWood GroupAMEC +6

Wood Group begins second site work phase for new Sofidel paper products facility

Wood Group has begun the second of two site construction services contracts to support development of a new tissue production site for Sofidel in Central Ohio . Wood Group has been subcontracted by Gray Construction , the construction firm selected to design and build the new Sofidel facility, ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Wood GroupSofidel

Oil price, Wood Group, And finally…

Oil price A weak dollar ahead of the Fed meeting helped in a quiet market with the US closed for Presidents Day. Net long positions have crept up to another high and with the data from Saudi Arabia confirming the cutbacks, the price picked up. A short blog today as I am off to see a couple of com ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > Malcy's BlogWood Group

Oil price, Chrysaor, Wood Group, SOCO, And finally…

Oil price We might get a few down days albeit of a modest nature, the reason is that as the month ends scribblers galore will start guessing what January production was and how short of the 1.2m b/d target it is. First up today is Petro-Logistics who think that it was down by 900/- b/d which, shou ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 months agoOpinion > Malcy's BlogChrysaorWood Group +1

Wood Group secures new contract with Hess in Malaysia

Wood Group has been awarded a five year contract with Hess Exploration & Production Malaysia. The operations and maintenance contract is to support Hess' new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150km north east of the Peninsul ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Wood GroupHess CorporationMalaysia

Oil price, Tullow, Sundry-Wood Group-President- And finally…

Oil price Another down day as one might expect, this process is going to take some time and it wouldnt be normal if a combination of greedy hedgies and short term ambulance chasers didnt knock the market some days. The last couple of days have been all about Iraq and the extent to which they are c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > Malcy's BlogTullowWood Group +1

Wood Group secures multi-million dollar framework agreement with Saudi Aramco

Wood Group has secured a five year, multi-million dollar framework agreement to continue to provide engineering and project management services to Saudi Aramco's onshore capital programmes in the Kingdom of Saudi Arabia. Effective immediately, the contract also includes three, one year extension o ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Wood GroupSaudi Aramco

Wood Group and Heerema Fabrication Group sign Memorandum of Understanding

Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MoU). The companies will join efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS). Bringing together Wood ...

Katie Woodward - OilVoice


Posted 1 year agoPress > Wood GroupHeerema Fabrication GroupMemorandum of Understanding