Worley

Shares in Aurora Labs closed nearly 20 per cent higher today after the company signed a binding term sheet with WorleyParsons to use its metal 3D printing technology across a range of industries.

ConocoPhillips has set up a design competition between two engineering groups led by Technip Oceania and MODEC for the key facilities at its Barossa gas project in the Timor Sea while WorleyParsons subsidiary Intecsea has been awarded a separate contract for subsea infrastructure.

WorleyParsons has been awarded a contract extension for engineering services at Chevron’s Gorgon and Wheatsone LNG projects, while NRW Holdings has received a $93 million extension to its Stanmore Coal contract.

SPECIAL REPORT: Chevron’s $5 billion Gorgon phase two project announced in April might be the first in a wave of new oil and gas investments.

Local tech company Aurora Labs has signed a joint venture agreement with WorleyParsons to provide an additive manufacturing service primarily for the resources sector.

Newmont Mining has awarded WorleyParsons an engineering and construction contract for its Tanami gold project, where it is evaluating investment of up to $US750 million ($A1 billion).

SPECIAL REPORT: Major new engineering contracts show momentum is building for $60 billion of oil and gas projects in WA, but the issue of carbon policy has once again created an obstacle.

Engineering firm Worley is set to consolidate all its Perth offices at 240 St Georges Terrace, including the recently acquired energy chemical and resources (ECR) division of Jacobs.

Shares in NRW Holdings have closed trade up 10.65 per cent, after it secured an earthworks contract at Rio Tinto’s $3.5 billion Koodaideri iron ore project in the Pilbara.

Worley has asked the Foreign Investment Review Board to look at "possible creeping acquisitions" by Beirut-headquartered Dar Group as the ASX-listed engineering and consulting firm aims to fend off a possible takeover by its largest shareholder.

Bibra Lake-based Aurora Labs has announced plans to raise $4 million through a placement, primarily to accelerate the commercialisation of its 3D printers.

Five Western Australian women have been appointed to senior board positions, including Marion Fulker joining the Infrastructure Australia board and Samantha Tough chairing Horizon Power.

Andrew Wood has retired as chief executive of engineering giant Worley and been replaced by the company’s chief operating officer, Chris Ashton, in a move that has surprised the markets.

Energy, chemicals and resources company Worley has posted a 40 per cent jump in interim net profit to $115 million thanks to improved market conditions and the benefits of its Jacobs Engineering division buy, while at the same appointing Andrew Liveris as its deputy chairman.

SPECIAL REPORT: Decisions are expected on three major oil and gas projects worth $24 billion combined in 2020, with more to follow.

Engineering company Worley has secured further work at a number of Chevron’s Australian assets, as well as new contracts with Shell and an Indonesian oil and gas company for a new sulfuric acid plant.

Worley has secured further work at a number of Alcoa of Australia’s operations under a new three-year services agreement.

Engineering company Worley has bought out Spanish urban transport company Ferrovial's half-stake in TW Power Services for $20 million, acquiring complete ownership.

Worley will undertake engineering and construction management work at Chevron’s Jansz-Io compression project, after announcing a contract win today.

A new study has highlighted the lack of progress in closing the ‘indigenous employment gap’ in Australia and the near complete absence of indigenous people from senior management.

An in-depth study profiling indigenous employment practices in Australia has thrown down a challenge.

Sharon Warburton epitomises the rise of female company directors but the number of women chairing major WA companies remains very small.

Engineering firm Worley recorded a net profit after tax of $106 million for the first half of the 2024 financial year, up from a $99 million loss during the prior corresponding period.

A proposal to permanently expand the operating hours of the Kemerton gas power plant has been referred to the Environmental Protection Authority, as the state seeks to firm its energy future.

TSA Riley Group global chief executive officer Andrew Tompson is hopeful its Western Australia-based team will grow further, following a busy start to 2024 for the global project consulting firm.

A bid by RATCH Australia to significantly expand the operating hours at the Worley-operated Kemerton gas peaking power plant has been approved by Environment Minister Reece Whitby.

US investment bank picks WA minerals sands miner as a winner in a year where major commodities face price pressures.