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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| WorleyParsons Ltd | ASX:WORCD | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.81 | 14.81 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Kevin Baxter
LONDON--Qatar Petroleum and the Royal Dutch Shell have awarded WorleyParsons a five-year contract to provide engineering services to the Pearl gas-to-liquids plant in Qatar, the Australian company said.
The deal will see WorleyParsons carry out engineering, procurement and construction management, known as EPCM, services at the Pearl GTL site, primarily for a series of planned brownfield projects. The Australia-based firm declined to disclose the value of the contract, or the specific projects for which it would be providing EPCM services.
The $19 billion Pearl GTL is the largest gas-to-liquids facility in the world, producing 140,000 barrels a day of oil products produced from Qatar's vast gas reserves. The plant has been in operation since 2012 and also produces 120,000 b/d of natural gas liquids and ethane.
Write to Kevin Baxter at Kevin.Baxter@wsj.com
(END) Dow Jones Newswires
November 18, 2016 07:38 ET (12:38 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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