Wood Group signs $330m services deal with Harbour Energy
Harbour Energy
268.00p
17:15 03/01/25
2.80%
7.30p
Engineering company Wood Group said it had struck a $330m services agreement with North Sea oil and gas producer Harbour Energy.
FTSE 250
20,591.40
17:00 03/01/25
n/a
n/a
FTSE 350
4,534.15
16:54 03/01/25
n/a
n/a
FTSE All-Share
4,490.88
17:14 03/01/25
n/a
n/a
Oil & Gas Producers
8,196.73
16:54 03/01/25
1.45%
116.79
Oil Equipment, Services & Distribution
4,928.34
16:30 18/12/24
0.00%
0.00
Wood Group (John)
64.70p
16:40 03/01/25
-3.86%
-2.60p
Under the deal, Wood will provide engineering, procurement and construction and operations and maintenance services, including digital and decarbonisation solutions, for a number of Harbour's offshore assets.
The partnership will run for an initial term of five years, with five one-year extension options covering Harbour's operated assets, including its J-Area, Greater Britannia Area, Solan and Armada, Everest, Lomond and Erskine hubs.
Reporting by Frank Prenesti for Sharecast.com