Martin Kaymer took a record-tying six-stroke lead into the weekend at golf’s U.S. Open, where one of his closest pursuers wondered if the former world No. 1 had been playing a different course than the rest of the field at the Pinehurst Resort in North Carolina.
General Electric Co. agreed to buy the well-support division of John Wood Group Plc for about $2.8 billion, adding equipment that helps extract more oil and gas from mature fields. Shares of both companies climbed.
General Electric Co. agreed to buy the well-support division of John Wood Group Plc for about $2.8 billion, adding equipment that helps extract more oil and gas from mature fields to round out its offerings.
John Wood Group Plc, a U.K. oil- services provider active in Africa and the Middle East, fell the most in almost two years in London trading after cutting the profit outlook at its engineering division.
Petroleos de Venezuela SA , the South American nation’s state oil company, said a John Wood Group Plc unit filed an international arbitration request, seeking about $100 million in compensation for assets nationalized in 2009.
John Wood Group Plc fell the most in 2-1/2 years in London after the U.K. oil-services provider said results have been worse than expected in Oman this year and profit at its engineering unit is seen weakening in 2014.
Halliburton Co. may bid 3.1 billion ($4.97 billion), or 595 pence a share, for U.K.-based oil and gas services contractor John Wood Group Plc, the Daily Mail reported, without saying where it obtained the information.