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  • Worley (WOR) has won an early phase engineering contract through its Chevron Technical Centre division
  • Under the five-year contract, Worley will provide services to Chevron’s global onshore and offshore project
  • The services will incorporate Worley’s proprietary digital design and optimisation tool, SeleXpress
  • On market close, Worley is down 1.68 per cent and is trading at $10.53 per share

Worley (WOR) has won an early phase engineering contract through its Chevron Technical Centre division.

Under the five-year contract, Worley will provide services to Chevron’s global onshore and offshore project. Chevron is an American multinational energy corporation.

Worley’s services will incorporate its proprietary digital design and optimisation tool, SeleXpress.

“As a global professional services company, we are pleased that Chevron has selected Advisian to help develop its upstream and downstream capability,” CEO Chris Ashton said.

“This contract continues Worley’s longstanding global relationship with Chevron and supports Worley’s strategic focus on digital transformation and delivering a
more sustainable world,” he added.

Earlier this month, Worley announced its latest financial guidance had been dealt a blow by the COVID-19 pandemic.

The company says the booming coronavirus cases across the globe impacted its first half of the 2021 financial year. Worley now expects to earn between $4.4 billion and $4.5 billion in aggregated revenue during the first half.

On market close, Worley is down 1.68 per cent and is trading at $10.53 per share.

WOR by the numbers
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