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Worley (ASX:WOR)- CEO, Chris Ashton
CEO, Chris Ashton
Source: Worley
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  • Engineering company, Worley (WOR) has won numerous of contracts today, with the majority of them for the new Indonesian sulfuric acid plant
  • Worley will supply be supplying Shell Global the cooled oxidation reactor (CORE) technology created by its subsidiary, Chemetics, to the new plant
  • The company will also be providing technical services for building the plant, operator training, commissioning and testing
  • On top of that, Worley has been awarded a two-year contract extension to its existing services with Chevron Australia
  • On market close, Worley is up 3.19 per cent and is trading at $6.15 per share

Engineering company, Worley (WOR) has won numerous contracts today, with the majority of them for the new Indonesian sulfuric acid plant.

Worley is a leading global provider of project and asset services in the energy, chemicals and resource sectors.

Chevron Contract

Worley has been awarded a two-year contract extension to its existing services with Chevron Australia.

Under the contract, engineering and procurement services will be provided to support Chevron’s Australian assets, which include the Gorgon project and the Wheatstone project, Australia’s first natural gas hub.

Gorgon is one of the world’s largest commercial-scale carbon dioxide injection facilities.

“We are pleased to continue to support Chevron’s Australian operations through bringing Worley’s global expertise and capability in the hydrocarbons and energy sectors,” CEO Chris Ashton said.

Indonesian Sulfuric Acid Plant

Shell Contracts

Shell Global Solutions International BV (Shell) has awarded Worley two contracts for PT Pertamina EP Cepu’s (PEPC) new sulfuric acid plant in Indonesia.

This plant is part of the Jambaran-Tiung Biru utilised gas field project for PEPC, which is a subsidiary of PT Pertamina-Indonesia’s state-owned energy company.

Under the contracts, Worley will supply be supplying Chemetics’ cooled oxidation reactor (CORE) technology. This is the first time Chemetics will be applied with Shell’s Cansolv SO2 capture technology.

Cansolv controls the emissions and captures additional by-product value from the sulphur dioxide emitted from various refinery flue gas streams (such as cracking units, process heaters and boilers), sulphur plants and spent acid regeneration units.

Sulphur dioxide can be recycled to the sulphur recover unit to be produced as marketable sulphur or it can be converted to sulphuric acid.

Chemics joined Worley in the Jacobs Energy, Chemicals and Resources acquisition.

“As Australia’s leading energy services company, Worley is capable of offering a wide range of integrated solutions and this project demonstrates our commitment to providing the best technology and high value for our customers,” Chris said.

“We are excited to apply our Chemetics CORE sulfuric acid technology in the natural gas sector and look forward to supporting both PEPC and Shell on this significant project,” he added.

PT Enviromate Contract

Worley has won another contract with at the Indonesian sulfuric acid plant, but this one is with PT Environmate Technology International (ETI).

Under this contract, Worley will design and engineer a new sulfuric acid plant using CORE technology. It will supply key equipment and materials.

The company will also provide technical services for building the plant, operator training, commissioning and testing.

“This project demonstrates how Worley is helping our customers meet the world’s changing energy needs,” Chris explained.

“We are pleased to work with ETI and PEPC on this exciting project and look forward to supporting Indonesia as it continues to grow into the natural gas sector,” he added.

On market close, Worley is up 3.19 per cent and trading at $6.15 per share.

WOR by the numbers
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