Wood Group wins longer contract

Energy services firm Wood Group yesterday said it had snapped up a new three-year contract extension from Canadian oil and gas specialist CNR International (CNRI), worth $180m (£119m). The contract, now in effect, will provide project management, construction, commissioning and engineering services for CNRI’s platforms in the North Sea. Wood Group PSN has been working on the contract since 2005, the FTSE firm said yesterday.