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WORLEY LIMITED — Capital/Financing Update 2021
Apr 7, 2021
66073_rns_2021-04-07_76c2194c-9720-4432-987a-934ef30de702.pdf
Capital/Financing Update
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Level 17, 141 Walker Street North Sydney NSW 2060 Australia Telephone: +61 2 8923 6866 www.worley.com Worley Limited ABN 17 096 090 158
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8 April 2021
ASX release
WORLEY LIMITED (WORLEY)
(ASX: WOR)
Worley awarded services contract for Phillips 66 renewable fuels project
Worley has been awarded a front-end engineering services contract by Phillips 66 Company (Phillips 66) to convert its San Francisco refinery in Rodeo, California, USA into a renewable fuels-manufacturing facility.
The project will reconfigure the refinery and produce up to 2.5 billion litres (650 million gallons) per year of renewable transportation fuels from used cooking oils, fats, greases and vegetable oils. Once built, the renewable fuels facility is expected to be one of the world’s largest facilities of its kind.
Under the contract, Worley will provide front-end engineering design services for the facility, which will be executed by Worley’s North America West team with support from Worley’s Global Integrated Delivery team.
“As a global company headquartered in Australia, this project aligns with our strategic focus on sustainability and delivering a more sustainable world. We are pleased that Phillips 66 has engaged Worley in this important renewable fuels project and look forward to supporting Phillips 66’s energy transition goals, while also supporting Worley’s strategic focus on future fuels,” said Chris Ashton, Chief Executive Officer of Worley.
Authorised for release by Nuala O’Leary, Group Company Secretary.
For further information, please contact:
Veréna Preston
Group Director Investor Relations Ph: +61 7 3239 7461 [email protected] www.worley.com
About Worley: Worley is a global company headquartered in Australia and our purpose is delivering a more sustainable world. Worley is a leading global provider of professional project and asset services in the energy, chemicals and resources sectors. As a knowledge-based service provider, we use our knowledge and capabilities to support our customers to reduce their emissions and move towards a low carbon future.
Worley Limited is listed on the Australian Securities Exchange (ASX: WOR).