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.
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 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.
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.
Our board moves wrap includes Neil Rose, Glenn Whiddon, James Pearse, Peter Mullens, Sunny Loh, Kevin Maloney, Mark Maloney, Colin McIntyre, Scott Huffadine, Kyle Edwards, Gabriele Sorrento, James Allchurch, Christopher Haynes, and Joe Geagea.
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.
Today's board moves wrap includes Cliff Lawrenson, David Netherway, Emmanuel Correia, Sahm Nasseri, Kaggen Ausma, Andrew Barclay, Raymond Parry, and Emma Stein.
Engineering company Worley has bought out Spanish urban transport company Ferrovial's half-stake in TW Power Services for $20 million, acquiring complete ownership.
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.
Our board moves wrap includes Mark Potter, Maktoum Hasher al Maktoum, Edward Mead, Fiona Murdoch, James Ellingford, Christopher Dunks, Andrew Liveris, and Martin Parkinson.
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.
Andrew Wood has retired as chief executive of engineering giant Worley and been replaced by the company's chief operating officer, Chris Ashton, in a move that has surprised the markets.
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.
Bibra Lake-based Aurora Labs has announced plans to raise $4 million through a placement, primarily to accelerate the commercialisation of its 3D printers.
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.
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.
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.
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.
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).
Local tech company Aurora Labs has signed a joint venture agreement with WorleyParsons to provide an additive manufacturing service primarily for the resources sector.
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.
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.
The environmental watchdog has given the green light for BHP Billiton's planned 80 million tonnes per annum South Flank iron ore development, with first ore targeted in 2021.
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.
Engineering group WorleyParsons is seeking to raise $322 million to fund the acquisition of AFW UK Oil & Gas, which provides services to the oil and gas sector in the UK.
Shares in WorleyParsons have soared after the engineering group confirmed it had rejected a takeover bid from a Dubai-based professional services group, which has since emerged as a large shareholder.
Engineering and project management firm WorleyParsons says the slump in activity among its customers, which caused revenue to plunge by 35 per cent and pushed the company to a first-half loss, may have bottomed out.
Shares in Aurora Labs were higher on the announcement of a commercial venture with engineering business WorleyParsons to incorporate its metal 3D printing technology into operations across a number of industries.
Commercial landlords in West Perth are coming under increasing pressure to retain tenants, as the near-city suburb's office vacancy rate hits all-time highs.