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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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Sasol optimistic about adding oil string to gas bow in Mozambique

By: Terence Creamer     10th March 2017 Sasol joint president and CEO Stephen Cornell has described the group’s relations with the Mozambique government as being in a “good space”, despite the country’s current fiscal difficulties, as well as periodic criticism that the country is not benefiting fully from the South African energy and... 

MGX expands petro-lithium land-holdings in Alberta, Utah

By: Henry Lazenby     3rd March 2017 Lithium-focused junior MGX Minerals has significantly expanded its petro-lithium land-holdings in North America by claim staking, expanding its portfolio in Alberta and Utah. The Vancouver-based miner, which operates lithium, magnesium and silicon projects throughout British Columbia and Alberta,... 

Miners pushing Australian growth – ABS

By: Esmarie Swanepoel     1st March 2017 New data by the Australian Bureau of Statistics (ABS) has confirmed that strong liquefied natural gas (LNG) exports played a key role in driving Australia’s economic growth of 1.1% in the December 2016 quarter, the Australian Petroleum Production and Exploration Association (Appea) has said. The... 

One-off items impact AECI’s top-line performance in FY16

By: Anine Kilian     28th February 2017 JSE-listed AECI on Tuesday said its core operating segments, explosives and specialty chemicals, have delivered “commendable” performances in 2016, despite a difficult domestic and global trading environment. Group revenue grew by 1% year-on-year to R18.6-billion for the 12 months to December 31,... 

Ninth Africa Energy Indaba shows growth, pointing to the energy opportunity in Africa 28th February 2017

     28th February 2017 The ninth annual Africa Energy Indaba delivered a successful week of strategic engagements, an exhibition and networking functions. The debates and discussions provided opportunity to African and national energy players in attendance that were seeking new opportunities to unlock energy access... 

Sasol says relations with Moz in ‘good space’ as new oil-find notice is issued 

By: Terence Creamer     27th February 2017 Sasol joint president and CEO Stephen Cornell has described the group’s relations with the Mozambique government as being in a “good space”, despite the country’s current fiscal difficulties, as well as periodic criticism that the country is not benefiting fully from the South African energy and... 

Anglo American to appoint Nolitha Fakude to the board

By: Natasha Odendaal     27th February 2017 Anglo American has appointed Nolitha Fakude as nonexecutive director, effective April 24. The appointment, which is subject to shareholder approval, will follow the conclusion of Anglo American’s annual general meeting. 

Ecosse Subsea Systems Chart Growth Path With Commercial Appointment

     24th February 2017 Ecosse Subsea Systems has strengthened its management team with the appointment of Iain Middleton to the newly created role of commercial manager.   The subsea and engineering technology company said the move would allow commercial director Keith McDermott to continue to pursue new business... 

Industrial automation firm to host two-day ‘automation university’ in May

By: Dylan Slater     24th February 2017 Industrial automation and information company Rockwell Automation will host a comprehensive two-day training programme – its Automation University – at Emperors Palace, in Gauteng, from May 17 to 18.  

US group unveils its new-generation oversized cargo aircraft

By: Keith Campbell     24th February 2017 US aerospace giant Lockheed Martin has rolled out the first example of the commercial version of its C-130J Super Hercules military airlifter. The civilian model is designated the LM-100J and it was built, and the roll-out ceremony took place at, the company’s plant at Marietta in the US State of... 

Erin Energy CEO resigns

By: Megan van Wyngaardt     23rd February 2017 Segun Omidele has resigned as CEO of dual-listed oil and gas company Erin Energy Corporation, with immediate effect. His departure is expected in the coming weeks, during which time he will assist in the orderly transition of his duties and responsibilities to interim CEO Jean-Michel Malek, who... 

Aton share buying spree 'opportunity, not threat', says M&R’s Laas

By: Irma Venter     23rd February 2017 Murray & Roberts (M&R) CEO Henry Laas views ATM Holding’s acquisition of a 25.5% shareholding in M&R, as “an opportunity, not a threat”. “I’m pretty relaxed about what is happening.” 

Bowmans grows African Oil & Gas offering with key partner appointment

     22nd February 2017 Leading pan-African law firm, Bowmans, has appointed London-based lawyer, Nicolas Bonnefoy, as a partner in its Oil & Gas Sector Group.   Bonnefoy is an oil & gas and mining project lawyer with an exclusive focus on Africa. Dual qualified as an Avocat in France and a solicitor of England and... 

Woodside boosts profits, expected output

By: Esmarie Swanepoel     22nd February 2017 Oil and gas producer Woodside Petroleum has reported a significant upswing in profits for the full 2016, as the company exceeded its production targets and reduced its operating costs. Net profit for the 2016 financial year reached $868-million, compared with the $26-million reported for 2015. 

Woodside appoints new chair

By: Esmarie Swanepoel     21st February 2017 Michael Chaney will step down as chairperson of oil and gas producer Woodside Energy at the end of next year’s annual general meeting. He will be succeeded by Richard Goyder. 

Sherritt to ramp up 2017 capex as it resumes oil & gas drilling, Ambatovy charges

By: Henry Lazenby     18th February 2017 Diversified miner Sherritt International says it expects to increase capital expenditure (capex) on new mining development and fleet upgrades this year. The Toronto-headquartered company said the majority of its $129-million capex budget for this year will be focused on completing the first Block... 

Santos reports massive loss on GLNG impairment, lower oil prices

By: Esmarie Swanepoel     17th February 2017 Oil and gas major Santos has recorded a net loss of more than $1-billion for 2016, on the back of a $1.1-billion impairment charge on its Gladstone liquefied natural gas (GLGN) asset and lower oil prices. Excluding impairments and other significant items, the company reported an underlying profit... 

New US President may benefit the resources sector

By: Henry Lazenby     17th February 2017 While Donald Trump is likely to lower US corporate taxes, bringing US dollars back into the country and rebuilding American infrastructure through a massive $1-trillion spending programme, the new President is coming in at the “US midnight”, Euro Pacific Capital founder and CEO Peter Schiff says.... 

Emirates Global Aluminium orders seventh Hertwich batch homogenizing unit

     16th February 2017 Emirates Global Aluminium has placed an order for the supply of an additional batch homogenizing furnace for the heat treatment of billets with Hertwich Engineering, a company of the SMS group. Including this new unit, which will go into operation at the end of 2017, a total of five batch... 

Grant King joins BHP board

By: Esmarie Swanepoel     16th February 2017 Mining major BHP Billiton has appointed Grant King as independent nonexecutive director, effective March 1. Between 2000 and 2016, King served as the MD and CEO of Australian oil and gas major Origin Energy, and is currently the president of the Business Council of Australia. 

Origin widens H1 loss on $1.4bn impairment

By: Esmarie Swanepoel     16th February 2017 Oil and gas major Origin Energy has widened its pre-tax loss to $1.6-billion for the six months to December 31, compared with a loss of $154-million in the previous corresponding period, after incurring a $1.4-billion impairment. Revenue for the half-year increased to $6-billion, from the... 

M&R warns of lower FY earnings

By: Megan van Wyngaardt     15th February 2017 Owing to persistently low commodity and energy prices, which significantly impacted on its oil and gas platform, JSE-listed Murray & Roberts (M&R) expects to report a decline in operational earnings for the 2017 financial year. The company on Wednesday said its earnings would further be impacted... 

AFRICA GAS FORUM seeks to unlock new business opportunities for African investors

     15th February 2017 Will the nascent gas industry become South Africa’s new money-spinner? With a bleak outlook emanating out of last week’s #MiningIndaba, investors would be forgiven for losing their stomach for the mining sector and its troubles. Questions are being raised about whether South Africa’s gas sector,... 

Origin warns of A$1.9bn impairment

By: Esmarie Swanepoel     15th February 2017 Oil and gas major Origin Energy has warned of a A$1.9-billion post-tax impairment charge for the 2017 financial year. The company told shareholders that its Australia Pacific liquefied natural gas (APLNG) joint venture recognised an impairment charge on its assets, with Origin expected to reflect... 

Woodside's Tremaine appointed Origin CFO

By: Esmarie Swanepoel     14th February 2017 ASX-listed Origin Energy has appointed fellow-listed Woodside’s Lawrie Tremaine as its new CFO. Tremaine is current executive VP and CFO at Woodside, and was previously employed by aluminium major Alcoa in senior financial roles during a 17-year career. 

Petroleum tax review threatens oil, gas developments – Appea

By: Esmarie Swanepoel     10th February 2017 The Australian Petroleum Production and Exploration Association (Appea) has again warned that Australia’s capacity to find and develop oil and gas resources could be at stake as the federal Treasury reviews the petroleum resource rent tax (PRRT). The Federal government in November 2016 announced... 

Former Sasol CEO Constable joins Rio Tinto board

By: Esmarie Swanepoel     10th February 2017 Mining major Rio Tinto has appointed three new independent nonexecutive directors to its board. Former Sasol CEO David Constable and former Centrica CEO Sam Laidlaw have been appointed with immediate effect, while Royal Dutch Shell CFO Simon Henry will join the board in July. 

Technology advancement improves project efficiencies, says WorleyParsons

By: Ilan Solomons     7th February 2017 As engineering company WorleyParsons’ global centre of excellence for mining, WorleyParsons RSA expends a substantial amount of energy and resources on developing advanced solutions for its customers that will increase accuracy and efficiency while reducing risk. The project delivery and... 

NSW Environmental Protection Agency fines Origin over dust pollution

By: Esmarie Swanepoel     6th February 2017 Oil and gas major Origin Energy has been fined A$15 000 by the New South Wales Environmental Protection Agency (EPA) after dust from an ash dam at its Eraring power station was blown offsite during strong winds. The EPA inspected the site in September 2016 after receiving multiple complaints from... 

Aggreko Hosts Argentine Parliamentary Delegation at Dumbarton Facility

     3rd February 2017 Glasgow, Scotland: Aggreko today hosted a delegation from the Argentine Parliament at its global manufacturing and technology facility in Dumbarton. The visit was part of the group’s wider mission to the UK aimed at strengthening political, trade and cultural ties between the two countries,... 

Electric-vehicle market share expected to rise sharply by 2040

By: Irma Venter     3rd February 2017 Electric vehicles (EVs) could make up 15% to 35% of worldwide new vehicle sales in 2040, says IHS Markit, a specialist in critical information, analytics and solutions. The findings are part of a new research project, ‘Reinventing the Wheel’, that the company will conduct over the first half of... 

Ichthys liquefied natural gas project, Australia

By: Sheila Barradas     3rd February 2017 Inpex has brushed off concerns about delays to the project, following the termination of a construction and commissioning contract of the combined-cycle power plant project, in Darwin. 

Importance of gas in global energy arena set to increase

By: Simone Liedtke     3rd February 2017 In the medium term, the importance of gas in the global energy mix is set to increase, owing to the growth in global liquefied natural gas (LNG) supply and a more flexible global market, says advisory firm KPMG energy economist Dr Requier Wait. 

Technology and environmental issues favouring LNG

By: Simone Liedtke     3rd February 2017 With preferred bidders for the gas-to-power projects scheduled to be announced by government at the end of next month, the Southern African Gas Association (Saga) believes that there is a sense of urgency and willingness to adapt to using liquefied natural gas (LNG). 

Santos lodges application, EIS for NSW gas project

By: Esmarie Swanepoel     1st February 2017 Oil and gas major Santos has submitted a development application and environmental-impact statement (EIS) for its Narrabri gas project to the New South Wales government. Santos MD and CEO Kevin Gallagher said on Wednesday that the company had spent time producing a comprehensive EIS so the local... 

Trump’s latest executive orders may be burdensome for oil

By: Bloomberg     1st February 2017 Oil-services giant Halliburton told employees to stay put. An oil trade group is concerned by the proposed border tax. Another global oil company is reconsidering whether to place a crude trader in Houston. And universities that train energy workers across the country estimated that hundreds of... 

APLNG, Otway basin projects drive Origin production and revenue

By: Esmarie Swanepoel     31st January 2017 Oil and gas major Origin Energy reported 47% year-on-year and an 8% quarter-on-quarter production increases during the three months to December 31, helped by strong production from the  Australian Pacific liquefied natural gas (APLNG) and its Otway basin projects. Quarterly production increased... 

Legislation to unlock South Africa’s unrealised gas potential Gas offers game-changing opportunity to reinvent growth 

     27th January 2017 “South Africa presents a strong case for the development of an integrated gas industry - covering the exploration, production and beneficiation of gas - with huge potential for energy supply diversification, broader industrialisation and job creation,” says Khwezi Tiya, Head, Oil and Gas South... 

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