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Press Office - WorleyParsons

WorleyParsons

WorleyParsons delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the power, hydrocarbons, mineral, metals and chemicals sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders.

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US gives rare earths reprieve in revised $200bn China tariff list

By: Reuters     18th September 2018 The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, from its final list of tariffs on $200-billion of Chinese goods, underscoring its reliance on China for the strategic minerals. China is the world's largest producer of rare earths and... 

voestalpine contracts SMS group to supply main melting-area components for new stainless steel plant in Kapfenberg, Austria

By: Creamer Media Reporter      17th September 2018 Voestalpine BÖHLER Edelstahl, a subsidiary of the international technology and capital goods group voestalpine and located in Kapfenberg, Austria, has placed an order with SMS group (www.sms-group.com) to supply an electric arc furnace, an AOD converter and secondary metallurgical facilities for... 

Egypt signs oil, gas exploration deal with Shell, Petronas worth about $1bn – statement

By: Reuters     17th September 2018 Egypt has signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia's Petronas worth around $1-billion for 8 wells in the country's West Nile Delta, the petroleum ministry said on Saturday. The country also signed a second $10-million deal with Rockhopper, Kuwait Energy... 

TÜV SÜD receives SANS accreditation

14th September 2018 Global technical services company TÜV SÜD’s inspection services were awarded South African National Accreditation System accreditation to South African National Standard (SANS) 17020 in March this year, in line with the expanded development of the company. The scope of accreditation covers the... 

New Nema regulations hold advantages, disadvantages for mining industry – law firm

By: Marleny Arnoldi     13th September 2018 The mining industry is under constant pressure to demonstrate continued commitment to responsible environmental management and to the concept of sustainable development. There are currently several pieces of environmental legislation being updated or coming to the fore, which the industry will be... 

Vitaglass - ‘reinforcing’ the trend toward maintenance-free, glass fibre reinforced gratings

13th September 2018 For nearly 80 years, Vital Engineering has been providing clients across various industry sectors – from food and beverage, marine exploration, minerals sands processing, architectural, construction, petrochemical, mining, and power generation – with a range of products. This comprises non-slip... 

Radebe moots shale gas exploration as answer to high fuel price

By: African News Agency      13th September 2018 Energy Minister Jeff Radebe on Wednesday called for all impediments to shale gas exploration to be removed as part of the government's response to the record high in the fuel price. Radebe told a debate in the National Assembly on the fuel price, the main driving factor was the current policies... 

GAIL to expand natural gas pipeline capacity by 50% over next three years

By: Ajoy K Das     12th September 2018 Having warded off the possibility of the company being split up, State-run natural gas marketer and logistic service provider GAIL India has firmed up plans to expand its gas pipeline network. GAIL will add 5 500 km of pipeline network to its existing 11 400 km, over the next three years, to... 

Ausenco leads the charge to address slurry pipeline failure rates

By: Esmarie Swanepoel     11th September 2018 Consulting, engineering and project delivery firm Ausenco has organised the first, focused pipeline user’s symposium, to be held in Santiago, Chile, at the end of October, to discuss a framework to address the high mean failure rate of slurry pipelines. Ausenco VP for pipeline consulting, JP... 

Melting ice due to climate change disrupting shipping routes

By: Irma Venter     10th September 2018 Climate change is freeing up new trade routes in some areas, while increasing the risk of ice in others. There was another milestone for Arctic shipping in early 2018 when a specially designed liquid natural gas tanker became the first commercial ship to travel the Northern Sea Route in winter... 

Santos completes divestment of noncore assets

By: Esmarie Swanepoel     7th September 2018 Oil and gas major Santos has completed the $221-million sale of its non-core Asian portfolio of assets to Ophir Energy. The deal was struck in May of this year, and would see Santos divest of its 31.87% interest in the Chim Sao and Dua oilfields, in Vietnam, the 67.5% interest in the Maleo and... 

Mining waste set to grow, but ‘reduce, reuse, recycle’ solutions abound

By: Tracy Hancock     7th September 2018 The evolution of waste management techniques to accommodate the shift to low-grade ores by mining operations is one of the key emerging trends in the global mining waste management market, states UK market research company Technavio. The London-headquartered company explains that in the last... 

Seventy years of weld training

7th September 2018 Founded in 1948, this year, the Southern African Institute of Welding (SAIW) is 70 years old and it has been one of the great success stories in South African industry. From its fledgling beginnings, when it acted mainly as the South African welding industry’s association, it has grown into the... 

Significant growth expected in flame arrestor market

7th September 2018 The global flame arrestors market is estimated to be $713.8-million in 2018 and is projected to reach $924.7-million by 2023, at a compound annual growth rate of 5.31%, according to research company Research and Markets. In their report titled ‘Flame Arrestors Market by Type (In-Line and... 

Affordability of energy must be prioritised – Radebe

By: African News Agency      5th September 2018 South Africa's Energy Minister Jeff Radebe has urged the prioritisation of energy affordability in order to attract investment. During his keynote address at the Africa oil and power conference held at the Cape Town International Convention Centre he said it was imperative in order to create jobs. 

Appea blasts South Australian decision

By: Esmarie Swanepoel     5th September 2018 The Australian Petroleum Production and Exploration Association (Appea) has condemned the South Australian government’s decision to support a bill to legislate a decade-long moratorium on hydraulic fracturing (fracking) in the state’s Limestone Coast region. “It is disappointing to see the state... 

Woodside to make FID at SNE in 2019

By: Esmarie Swanepoel     31st August 2018 Australian oil and gas producer Woodside is expected to take a final investment decision on its SNE oil field, offshore Senegal, in 2019. Woodside’s business integration manager for Senegal field development, Jamie Stewart told delegates at the Africa Downunder conference, that Woodside would... 

Radar Optiwave aids measurement

31st August 2018 Industrial instrumentation solutions manufacturer and supplier Khrohne says the use of radar has expanded into various sectors. 

Gas monitor upgraded for better accuracy

31st August 2018 Mining equipment supplier Becker Mining South Africa has extended its range of safety and communications systems to include an upgraded atmospheric and environmental monitoring system, designed for use in industries where the presence of gases may pose a safety or health risk for employees and... 

M&R upbeat on prospects for mining unit amid commodity cycle ‘upturn’

By: Terence Creamer     30th August 2018 Engineering and construction group Murray & Roberts (M&R) is upbeat about prospects for its strong-performing underground mining unit, which was the biggest contributor to the group’s 2018 financial performance, as well as to the growth in the JSE-listed company’s R30-billion order book. The... 

Santos half-year profit doubles

By: Esmarie Swanepoel     23rd August 2018 Oil and gas major Santos has doubled its interim underlying profit in the six months to June, as revenues surged. Underlying profit for the interim period was reported at $217-million, compared with the $109-million in the previous corresponding period, while earnings before interest, tax,... 

No concrete plans for now to douse high petrol price

By: Kim Cloete     21st August 2018 Energy Minister Jeff Radebe has lamented the sharp rise in the petrol price but has not announced any concrete plans to douse the situation. He says a cluster of Ministers has been seconded to see what government can do to mitigate high petrol prices. He expects the Ministers to report back to... 

India’s OVL and Sudan seek to settle default payments through fresh talks

By: Ajoy K Das     20th August 2018 ONGC Videsh Limited (OVL), the overseas arm of India’s national oil, gas exploration and production major ONGC, has agreed with the Sudan government to work out a mechanism to settle the $400-million outstanding dues of the Indian oil company. The decision to find a solution through negotiations... 

Woodside posts A$541m half-year profit

By: Esmarie Swanepoel     15th August 2018 Oil and gas producer Woodside has reported an interim net profit after tax of A$541-million for the six months to June, with operating cash flows for the period up by 25% on the first half of 2017. Woodside said on Wednesday that the increased operating cash flows was driven by higher production... 

Ramaphosa proposes new sovereign wealth fund – party officials

By: Reuters     14th August 2018 President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party officials said on Tuesday. Ramaphosa, who replaced scandal-plagued Jacob Zuma as ANC leader late last year, is... 

Petronas acquires 30% equity in Senegal oil, gas block

By: Reuters     13th August 2018 Malaysian oil and gas company Petroliam Nasional (Petronas) said on Monday it has acquired a 30% stake in Senegal's Rufisque Offshore Profond block, its first project in the West African nation. Oil major Total will maintain operatorship of the block with a 60% ownership, Petronas said in a... 

Santos expands drilling in Cooper basin

By: Esmarie Swanepoel     13th August 2018 Oil and gas major Santos has started operation of a fourth rig in the Cooper Basin, as part of a drive to produce more natural gas to supply the east coast domestic market. The company on Monday said that the rig will drill eight wells by the end of this year, starting with the Big Lake field,... 

Sonatrach in talks with 14 foreign firms on trading venture – CEO

By: Reuters     10th August 2018 Algerian State energy firm Sonatrach is in talks with 14 international firms for a joint venture to trade oil and gas products after agreeing to buy its first overseas refinery, its CEO said on Thursday. "I am happy to say that 14 firms are on the list to do a JV on trading with us," Abdelmoumen... 

Aurora walks away from Molopo Energy

By: Esmarie Swanepoel     10th August 2018 Suitor Aurora Funds Management has withdrawn its takeover bid for ASX-listed Molopo Energy, saying the company had made a number of transactions that are considered to be defeating conditions of the bid. The transactions saw Molopo not only take full ownership of the Orient oil and gas project,... 

Fibre optics punted for pipeline monitoring amid major spills in mining and other sectors

By: Nadine James     10th August 2018 Fibre optics were invented to carry huge amounts of voice data over long distances very efficiently, but advancements in optical technology have enabled the use of specialised fibre optic cables as sensors with the ability to measure parameters such as acoustic energy, temperature, strain, and... 

Santos taps possible PNG LNG source

By: Esmarie Swanepoel     8th August 2018 Australian oil and gas major Santos on Wednesday reported that drilling at its Barikewa-3 well, in Papua New Guinea (PNG), has confirmed that there was significant natural gas resource close to the PNG liquefied natural gas (LNG) project infrastructure, which could still be developed. The well... 

Mozambique finalises block 5 oil deals with multinational firms

By: Reuters     8th August 2018 Mozambique's government on Tuesday approved contracts giving exclusive rights to energy companies to act on concessions awarded to them to explore for oil following four years of negotiations and delays that threatened to derail the projects. Cabinet spokesperson Ana Comoana said the companies... 

Vedanta delivers strong Q1 Ebitda

By: Simone Liedtke     6th August 2018 Diversified miner Vedanta Resources on Monday announced that it had delivered strong earnings before interest, taxes, depreciation and amortisation (Ebitda) and drove steady margins in the first quarter of the 2019 financial year. The margins, the miner highlighted, were driven by record volumes... 

Great Australian Bight holds a treasure trove for South Australia

By: Esmarie Swanepoel     6th August 2018 A new study by the Australian Petroleum Production and Exploration Association (Appea) has found that successful oil exploration in the Great Australian Bight could see the creation of more than 2 000 jobs in South Australia and generate over A$7-billion a year in average tax revenue to federal... 

Erudite adopts a fresh approach to transformation 

By: Nadine James     3rd August 2018 Becoming a sustainable and relevant mining industry service provider requires a genuine effort to meet and address issues of localisation and transformation, while fostering local partnerships to develop extractive projects in African countries, suggests engineering, procurement and construction... 

Free-to-attend seminars to share latest industry insights

By: Creamer Media Reporter      3rd August 2018 Taking place from 10-14 September at the Expo Centre in Nasrec, Johannesburg, visitors to this year’s Electra Mining Africa will not only have the potential of engaging with 900+ exhibitors across the inside halls and outside exhibit areas, they will also have the opportunity to attend daily... 

Agreement stokes West African renewable-energy market

By: Schalk Burger     3rd August 2018 German solar mounting company Schletter Group has signed a wholesale agreement with steel manufacturer Sparkwest Steel Industries, which will exclusively market Schletter open-area and rooftop systems in Nigeria. Sparkwest Steel will also act as wholesale dealer for the Schletter Group in a... 

Redefining philanthropy

By: Martin Zhuwakinyu     3rd August 2018 Aliko Dangote, Africa’s richest man – with a net worth of $12.4-billion – is redefining philanthropy in his native Nigeria. But the 61-year-old is doing this in a way that will make his bank account even fatter. Dangote Group, the 30 000-employee multinational industrial conglomerate he founded... 

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