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WORLEY LIMITED — Capital/Financing Update 2018
Nov 1, 2018
66073_rns_2018-11-01_e1704536-884b-4a5b-8631-eebcb145bac4.pdf
Capital/Financing Update
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Level 15, 141 Walker Street North Sydney NSW 2060 Australia Telephone: +61 2 8923 6866 www.worleyparsons.com WorleyParsons Limited ABN 17 096 090 158
2 November 2018
ASX Release
WORLEYPARSONS LIMITED
(ASX: WOR)
SABIC awards a framework agreement to WorleyParsons for EPCM services
WorleyParsons has been awarded a five-year framework agreement by Saudi Basic Industries Corporation (SABIC), for the provision of engineering, procurement and construction management (EPCM) services.
Under the agreement, WorleyParsons will work with SABIC to optimise operating efficiency at its five production sites in Europe. The services will be executed by WorleyParsons’ offices in the United Kingdom, the Netherlands, Germany and Spain. This framework agreement supports WorleyParsons’ strategic growth objective to establish a strong presence in the European chemicals sector.
“We are looking forward to continuing our relationship with SABIC and working with them to optimise their European facilities’ performance,” said Andrew Wood, Chief Executive Officer of WorleyParsons.
For further information please contact:
Mark Trueman Director Planning & Investor Relations Ph: +61 2 8456 7256
[email protected]
www.worleyparsons.com
About WorleyParsons: WorleyParsons delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in hydrocarbons, mineral, metals, chemicals, power and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders. WorleyParsons is listed on the Australian Securities Exchange [ASX:WOR].
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