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WORLEY LIMITED — Capital/Financing Update 2014
Feb 4, 2014
66073_rns_2014-02-04_7cb406dd-375f-45e6-a7ab-c1866a148cf8.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
5 February 2014
ASX Release WORLEYPARSONS LIMITED
(ASX: WOR)
WorleyParsonsCord awarded Construction Contract for Pembina Pipeline Corporation’s New Redwater Fractionator
WorleyParsons is pleased to announce the award of a contract for the general mechanical construction of a greenfield fractionation facility north of Pembina’s existing Redwater NGL Fractionation Plant near the town of Redwater in Alberta, Canada. This project effectively duplicates the existing Redwater fractionation facility built in 1998.
WorleyParsonsCord, the construction group for WorleyParsons in Canada, will be responsible for execution of the project scope. The portion of the project that WorleyParsonsCord is responsible for is scheduled to be completed by July 2015 with estimated revenue to WorleyParsons from this contract is $68.5M CAD.
Andrew Wood, Chief Executive Officer of WorleyParsons stated: “WorleyParsons is excited to be working with Pembina on the Redwater Fractionation project. We look forward to furthering our relationship in working together to achieve the successful delivery of this project”.
For further information:
Analysts & Investors Fran van Reyk Investor Relations Ph: +61 2 8456 7256 www.worleyparsons.com
Media
Geoff Fowlstone
Fowlstone Communications
Ph: +61 2 9955 9899 Mob: +61 413 746 949 [email protected]