Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Twice daily
MoneyWeek
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Four times a week
Look After My Bills
Sign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today!
Energy services firm Wood Group has been awarded a multi-year engineering, procurement and construction management (EPCM) framework agreement by Shell Oil Products US.
The agreement has been awarded to Wood Group's Mustang division which works provides EPCM services to the upstream oil and gas, refining and chemicals, pipeline, automation and control, and industrial markets. It refers to Shell's pipeline and terminal projects located in the Gulf Coast region.
"We are very pleased to have been awarded this contract by Shell Oil Products," said Steve Knowles, President of Mustang. "I believe our full-service pipeline capabilities will provide excellent project support to Shell."
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Mustang has worked on Shell pipeline projects over the last decade. The EPCM projects will include gas and liquid pipelines and related facilities such as pump and compressor stations, meter stations and dehydration units. Work has begun on initial projects in Louisiana and Texas.
Shares were up 0.14% at 715.5p by 08:33 on Thursday.
BC
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Average UK house price reaches £300,000 for first time, Halifax saysWhile the average house price has topped £300k, regional disparities still remain, Halifax finds.
-
Barings Emerging Europe trust bounces back from Russia woesBarings Emerging Europe trust has added the Middle East and Africa to its mandate, delivering a strong recovery, says Max King
