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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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Summit to outline African LPG market growth potential

By: Mia Breytenbach     29th June 2017 While Africa – the fastest-growing liquefied petroleum gas (LPG) market in the world today – is rich with potential for LPG industry players, distribution challenges, affordability and safety issues need to be addressed to capitalise on this potential, according to industry experts. This emerged... 

China said to plan coal import ban at some ports starting July 1

By: Bloomberg     28th June 2017 China plans to ban coal imports starting July 1 at ports that were set up through approvals by provincial authorities, the latest move by President Xi Jinping’s government to exert stricter control on the market. Ports in the world’s largest consumer of the fuel that were approved under the... 

Santos seals strategic investment deal with ENN and Hony

By: Esmarie Swanepoel     27th June 2017 Oil and gas major Santos has struck a strategic investment deal with shareholders ENN Group and Hony Capital, which jointly own a 15.1% interest in the company. The strategic agreement is based on mutual cooperation and assistance to support the growth of Santos, and will see ENN and Hony use... 

WA to publish five-year schedule for petroleum exploration

By: Esmarie Swanepoel     23rd June 2017 The Western Australian government has announced plans to introduce a strategic five-year release of petroleum exploration areas across the Canning and Perth basins, in the hopes of minimising environmental, cultural and land use constraints. “The five-year approach provides greater transparency... 

Data is the new currency in manufacturing sector

     23rd June 2017 According to growth strategy company Frost & Sullivan, the Internet of Things and data analytics are transforming the manufacturing space, as data is the new currency. “With the rise of cognitive technologies, human intervention will no longer be needed for logical and reasonable decision-making.... 

Experts ponder the effect electric cars could have on oil market

By: Kim Cloete     23rd June 2017 Climate change policies, green investment and changes in consumer behaviour are beginning to bite and are expected to have a major impact on oil consumption throughout the world, a special seminar on the future of oil and gas has heard. “The collapse in the price of oil and the failure of the... 

Senegal validates Woodside claim

By: Esmarie Swanepoel     21st June 2017 Australian oil and gas producer Woodside’s play in Senegal has been validated after that country’s Minister of Energy and the Development of Renewable Energy issued a Ministerial order confirming that the ASX-listed company is a participant in the SNE oilfield, offshore Senegal. Fellow-listed FAR... 

ExxonMobil sanctions $4.4bn Liza development, offshore Guyana

By: Henry Lazenby     16th June 2017 American multinational oil and gas corporation ExxonMobil has made a construction decision for the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The Irving, Texas-based company said on Friday that the Liza Phase 1... 

New Russia sanctions impact muted even as energy shares sag

By: Bloomberg     16th June 2017 For investors in Russia’s energy and metals sectors, the US Senate’s bill to expand sanctions was a blow. Whether it will hurt Russian companies targeted by the legislation is less certain. The Senate bill proposes adding restrictions to banks’ and energy companies’ ability to raise capital, and... 

Demand for welders decreases as power stations near completion 

By: Victor Moolman     16th June 2017 Owing to major projects, such as the Medupi and Kusile power stations, nearing completion, the South African Institute of Welding (SAIW) says fewer welders have enrolled for its training courses in the past year. 

Eni finalises $7bn Mozambique gas project investment

By: Bloomberg     16th June 2017 An Eni-led group signed off this month on a $7-billion investment in a project to export natural gas from Mozambique. The country’s President Filipe Nyusi and Eni CEO Claudio Descalzi attended a ceremony in the capital Maputo on June 1 to formally approve the Coral South liquefied natural gas... 

Grand Parkway toll road expansion project, US

By: Sheila Barradas     16th June 2017 The project involves the design and construction of segments H and I of the State Highway 99 ring road, also known as the Grand Parkway. 

Partnership distributes consumables to customer network

     16th June 2017 Steel distributor Böhler Uddeholm Africa and welding products supplier Unique Welding Alloys have joined forces to offer fabricators a range of high-quality welding consumables that is easily accessible through a national customer-focused network. 

Why engineers from across sub-Saharan Africa will head for the Western Cape in July

     12th June 2017 Cape Town is the hub of the oil, gas & petrochem sector for sub-Saharan Africa and the city hosts Oil & Gas 2017, a three-day conference and expo. Engineers are being invited to Cape Town this July for Oil & Gas 2017 with its unique three-day conference, with presentation on issues from fracking... 

Increase in demand to create opportunities

     9th June 2017 The utility and industrial boilers market is predicted to experience an increase in demand, across a scope of applications, owing to rising industrialisation, says research and consulting services company Transparency Market Research (TMR). According to a 2017 research report conducted by TMR,... 

IRP draft hinders cogeneration opportunities  

By: Tasneem Bulbulia     9th June 2017 An unintended consequence of the recently published draft Integrated Resource Plan (IRP) for energy is that because it excludes cogeneration as a viable technology, cogenerators will be unable to participate in the energy market without Ministerial consent, says Paper Manufacturers Association of... 

Experts see radical changes ahead in the oil and gas industry

By: Kim Cloete     8th June 2017 Climate change policies, green investment and changes in consumer behaviour are beginning to bite and are expected to have a major impact on oil consumption throughout the world, a special seminar on the future of oil and gas has heard. “The collapse in the price of oil and the failure of the... 

Sasol starts construction at new China-based chemicals plant

By: Megan van Wyngaardt     8th June 2017 Sasol on Thursday reported that construction of its new alkoxylation plant in Nanjing, China, has started, with the new plant expected to be fully operational by early 2019. The new production unit will modernise and expand Sasol's current alkoxylation capacity, research and development facility... 

KBI Announces Of Exciting Partnership With Aquflow USA

     8th June 2017 Kirloskar Brothers International (South Africa) (Pty) Ltd (KBI) is excited to announce its recent partnership with a US based Pump manufacturer AquFlow; who has appointed SPP Pumps SA (Pty) Ltd as the exclusive distributor of the AquFlow products in SA June 1, 2017. AquFlow was originally founded... 

FAR puts spanner in Woodside’s Senegal works

By: Esmarie Swanepoel     8th June 2017 ASX-listed oil and gas developer FAR Limited has thrown a spanner into major Woodside Petroleum’s works by failing to support the company’s plans to develop the SNE oil field, offshore Senegal. Woodside in 2016 struck a $350-million deal with ConocoPhillips to acquire that company’s interests in... 

Significant progress made with Operation Phakisa – Molewa 

By: Natasha Odendaal     7th June 2017 The prospect for a vibrant sustainable blue economy was on South Africa’s doorstep, and the country’s Operations Phakisa oceans economy plans have progressed considerably, Environmental Affairs Minister Dr Edna Molewa said on Wednesday. To date, Operation Phakisa has stimulated some R17.7-billion... 

Trafo Brings Advantages Of Dry-Type Transformers To Africa

     7th June 2017 Modern manufacturing efficiencies and greater market demand has narrowed the price gap between dry-type transformers and traditional oil-filled units, giving customers around Africa the opportunity to benefit from the many advantages of tried and tested dry-type technology. According to Trafo... 

Stricter monitoring for Indian oil and gas companies

By: Ajoy K Das     6th June 2017 The Indian government has announced the appointment of two ‘super’ committees to monitor the operations of national oil and gas exploration and production (E&P) companies. The committees, which will be above the level of the national oil companies’ boards, will be able to force State-owned... 

NSW opens new areas for conventional gas exploration

By: Esmarie Swanepoel     6th June 2017 The New South Wales government has announced plans to increase conventional gas exploration in the state by releasing new areas for exploration. Resources and Energy and Utilities Minister Don Harwin said on Tuesday that the release of the new exploration areas, which would be done under the... 

Woodside signs energy deal with Indonesian buyer

By: Esmarie Swanepoel     6th June 2017 Oil and gas producer Woodside Energy has struck a long-term sales and purchase agreement with Indonesian oil and gas company PT Pertamina for the supply of liquefied natural gas (LNG), starting in 2019. Woodside said on Tuesday that the company had committed to ramp up supply to about 600 000 t/y... 

BHP CEO says he has not met with Elliott since Barcelona

By: Reuters     5th June 2017 BHP Billiton CEO Andrew Mackenzie said on Monday he has not met with activist hedge fund Elliott Management since their talks in Barcelona last month and declined to comment on whether another meeting was scheduled. Elliott, a New York-based fund that has built up a 4.1% stake in BHP, is pushing... 

Earth observation satellites starting to bring benefits to mining sector

By: Keith Campbell     2nd June 2017 At last month’s International Symposium on Remote Sensing of the Environment, held at the Council for Scientific and Industrial Research (CSIR), in Pretoria, one of the very many topics addressed was the use of remote sensing, particularly from earth observation (EO) satellites, to support the... 

Euro Steel

By: Zandile Mavuso     2nd June 2017 As part of Afmetco Group of Companies, steel distributor and exporter Euro Steel has evolved into one of South Africa’s largest stainless steel, special steels, aluminium and other corrosion-resistant materials distributor and exporter.  

Full range of corrosion control products available in Southern Africa

     2nd June 2017 Corrosion control product supplier JST International’s (JST’s) cathodic protection and impressed current cathodic protection systems and corrosion resistant pipe supports product ranges have been expanded to include the full range of corrosion control coatings and wrappings in Southern Africa. 

Midstream oil and gas project, Colombia

By: Sheila Barradas     2nd June 2017 The project will increase TGI SA ESP's transportation capacity by 32-million standard cubic feet a day. 

EM continues to supply the best products at the right price

     1st June 2017 With virtually every panel builder in South Africa using ubiquitous technology distributed exclusively by ElectroMechanica (EM), the major supplier continues to build on its strategy of providing the right product at the right price, for the correct application and specification at hand. This... 

UCT to host oil, gas webinar

By: Anine Kilian     30th May 2017 The University of Cape Town will host a two-hour webinar on the future of oil and gas in South Africa on June 7. This webinar will take a 10- to 25-year view on the future of oil and gas in South Africa and the broader Southern African region. It will ask critical questions about the way forward. 

India considering incentives for foreign companies in hydrocarbon sector

By: Ajoy K Das     29th May 2017 The Indian government is working on a draft proposal to offer upfront incentives, including a capital subsidy and liberal export rules, for foreign oil and gas companies that are expected to participate in the newly unveiled open acreage hydrocarbon bidding process. According to an official... 

Canada publishes rules to reduce oil and gas sector methane emissions, air pollution

By: Henry Lazenby     26th May 2017 Canada has introduced new rules aimed at reducing methane emissions and cutting air pollution from its significant oil and gas industry, a move that met with mixed reaction from the industry itself. Minister of Environment and Climate Change Catherine McKenna introduced the new regulation on... 

On-The-Air (26/05/2017) 

By: Martin Creamer     26th May 2017 CoM this week decided finally to shed its abhorrent apartheid past and rebrand itself with a totally new beginning and new name; The media won a victory this week by persuading the DTI to make public the beneficiaries of its incentives programmes and A third South African diamond operation is in... 

Guthrie appointed to Santos board

By: Esmarie Swanepoel     26th May 2017 Oil and gas major Santos has appointed Vanessa Guthrie to its board as an independent director, effective from July 1. Guthrie was previously MD and CEO of uranium developer Toro Energy and VP of sustainable development for ASX-listed Woodside Energy. 

Woodside to grow from own portfolio - Coleman

By: Esmarie Swanepoel     23rd May 2017 Oil and gas major Woodside has told investors that the company will generate increased cash flows and returns from its existing business and committed projects, focusing on low-cost brownfield developments. “Our portfolio offers exciting prospects for growing shareholder value that will coincide... 

Chevron turns to High Court over ATO bill

By: Esmarie Swanepoel     23rd May 2017 US oil and gas major Chevron was seeking special leave to appeal a A$340-million tax bill in the Australian High Court. The Full Federal Court in April dismissed the company’s appeal of the Australian Taxation Office (ATO) bill, ruling that the US-based company had used an intra-company loan as... 

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