Killajoules

Wood Group Disposal of Well Support Division for $2.8 billion Return of cash of not less than $1.7 billion
Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders (the “Return of Cash”).

GE Oil & Gas Selected for $120M Trans Europa Naturgas Pipeline Upgrade
GE Oil & Gas has been awarded a contract of more than $120 million (€90 million) to overhaul nine gas turbines located at four compression stations along the Trans Europa Naturgas Pipeline (TENP), which runs across Germany from the Dutch to the Swiss border.

GE Oil & Gas Awarded $120M in Brazil Deepwater Equipment Orders
GE Oil & Gas' Drilling & Production business has been awarded two contracts totaling more than $120 Million by Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) of South Korea, one of the world's leading specialized shipbuilding and offshore contractors.