British energy services company John Wood Group Plc (WG.L,WDGJF.PK) said it was awarded 11 new contracts in Africa worth about $240 million. The contracts were granted over the last 12 months to Wood Group PSN, Wood Group GTS and Wood Group Mustang for projects in five African nations.
Wood Group PSN, that provides brownfield production services, bagged contracts to provide operations & maintenance and construction services to clients in Equatorial Guinea, Chad and Algeria; while Wood Group GTS, specialists in rotating equipment solutions, has secured a long-term service deal covering two GE Frame 9E gas turbines for an operator in Ghana.
Meanwhile, the process & facilities group of Wood Group Engineering, Wood Group Mustang, is providing detailed engineering for wellhead platforms, a production processing platform and a living quarters platform for an offshore project in Angola, the company added.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.