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WORLEY LIMITED — Capital/Financing Update 2009
Nov 22, 2009
66073_rns_2009-11-22_92e6e951-c5fb-4004-83d4-7c448eb3cdee.pdf
Capital/Financing Update
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Level 12, 141 Walker Street North Sydney NSW 2060 Australia Telephone: +61 2 8923 6866 Facsimile: +61 2 8923 6877 worleyparsons.com WorleyParsons Limited ABN 17 096 090 158
23 November 2009
ASX Release WORLEYPARSONS LIMITED
(ASX: WOR)
Cord WorleyParsons Awarded Construction Services Contract for Suncor Energy Services
Suncor Energy has awarded a C$74.4 million lump sum contract for construction services to Cord WorleyParsons Ltd, the construction division of WorleyParsons Canada Ltd.
The scope of work is for the Firebag 3 well pads and gathering lines associated with this steam assisted gravity drainage facility near Fort McMurray, Alberta. The contract is scheduled for final construction completion in the fourth quarter of 2010.
This new contract is the final stage of the Firebag 3 well pads and gathering lines project which WorleyParsons commenced as an EPCM contract in 2006. At this time engineering is complete and Cord is fabricating the associated modules under a separate contract.
Commenting on the award, Mr John Grill, CEO of WorleyParsons, remarked that “this new contract underscores the confidence Suncor has in our construction capabilities in Alberta through Cord WorleyParsons and is a positive indicator of confidence returning to the oil sands energy sector”.
For further information please contact:
David Housego Chief Financial Officer Ph: +61 2 8923 6866 www.worleyparsons.com
Geoff Fowlstone Fowlstone Communications
Ph: +61 2 9955 9899 Mob: +61 413 746 949 [email protected]