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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.

Topic

Clair Ridge project, UK

By: Sheila Barradas     28th July 2017 The project will develop new resources from the giant Clair field. 

More engineers needed to support local projects

By: Robyn Wilkinson     28th July 2017 As part of its drive to promote and support the engineering profession at multiple levels, the Engineering Council of South Africa (ECSA) is establishing an intervention programme that will focus on accrediting engineering academies for training candidates for the purposes of registration within... 

Pacific Northwest LNG megaproject cancelled following review, ‘changed market conditions’ 

By: Henry Lazenby     26th July 2017 The Pacific NorthWest liquefied natural gas (PNW LNG) project has been cancelled by its shareholders, following an in-depth review and changed market conditions. Malaysia-based Petronas, the majority shareholder of the project, made the announcement on Tuesday, leaving the project, which has a... 

Pipeline Monitoring Systems Market worth 8.72 Billion USD by 2026

     25th July 2017 The report "Pipeline Monitoring Systems Market by Technology (Ultrasonic, PIGs, Smart Ball, and Magnetic Flux Leakage), Application (Leak Detection, Operating Efficiency, and Pipeline Break Detection), End-Use Industry, and Pipe Type - Global Forecast to 2026", The pipeline monitoring systems... 

CSP engineering specialist optimistic of technology’s inclusion in new IRP

By: Terence Creamer     24th July 2017 Global engineering and technology group SENER, which is active in three concentrated solar power (CSP) projects in South Africa, is optimistic that South Africa’s updated Integrated Resources Plan (IRP) will include an allocation for CSP, despite the technology’s exclusion from the draft Base... 

Trump America-first pipeline plan draws ire of American oil

By: Bloomberg     21st July 2017 Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of "American energy dominance." The intense lobbying effort comes as the Commerce Department faces a Sunday deadline to give the... 

Global lead production set to stagnate after 2017 acceleration

By: Natasha Odendaal     21st July 2017 Following a decline in overall lead production worldwide in 2016, a slight rise in prices will drive a short-lived acceleration in global lead mine production growth in 2017. Subdued prices and a weak project pipeline in several major lead-producing countries will bring this rapid rate of growth... 

Snowy Mountains Scheme 2.0 project, Australia

By: Sheila Barradas     14th July 2017 The project proposes the expansion of the pumped-storage scheme, its first expansion since the hydropower plant was completed in 1974. 

Nigeria to put off deciding whether to join OPEC cuts, minister says 

By: Reuters     13th July 2017 Nigeria supports OPEC's efforts to stabilize oil prices, but it wants to wait before deciding whether join the cartel's cuts in oil production, its oil minister said on Wednesday. "Hopefully, in the next two to three months we can see how predictable the production return has been and then can... 

Pipelines secured as wildfires rage in western Canada

By: Reuters     12th July 2017 Major pipeline companies in western Canada have created fire breaks, installed sprinklers and taken other measures to protect operations as raging wildfires spread to more than 38 000 ha, in British Columbia. Enbridge has taken a natural gas compressor station offline but it said on Wednesday... 

MPRDA, LNG import clarity key to establishment of gas economy

By: Mia Breytenbach     11th July 2017 Key factors that will influence the establishment of a gas economy in South Africa include the passing of the amended Mineral and Petroleum Resources Development Act (MPRDA), while greater clarity is also needed around the anticipated and stated imports of liquefied natural gas (LNG), says South... 

Need for accurate designs of dosing systems 

By: Simone Liedtke     7th July 2017 The designs for dosing systems in the gas and fumes industries have to be accurate to ensure safety, says chemical dosing and pumping applications supplier Packaged Metering and Pumping Solutions (PMPS) technical director David O’Neill. 

Oil lobby calls for closer teamwork to enhance Alberta’s crude competitiveness

By: Henry Lazenby     5th July 2017 The Canadian Association of Petroleum Producers (CAPP) is calling for increased collaboration between industry and government to increase the global competitiveness of Alberta’s oil patch. More than 24 000 new jobs could be created for Albertans, with provincial economic growth estimated to add... 

Poland sees Trump visit catalyst to cut Russian gas reliance

By: Bloomberg     5th July 2017 Polish leaders are betting Donald Trump’s visit to Warsaw starting on Wednesday, two days before the US President meets his Russian counterpart, will bolster their efforts to reduce the nation’s dependence on natural gas from its eastern neighbour. Less than a month after Poland’s Baltic Sea... 

Next phase of Durban’s Northern Aqueduct Augmentation to start in August 

By: Megan van Wyngaardt     3rd July 2017 Construction on the fifth phase of Durban’s Northern Aqueduct Augmentation project is set to begin in August, eThekwini Water and Sanitation (EWS) said on Monday. Phase 5 comprises a new 1 200 mm diameter continuously welded steel high-pressure pipeline, stretching from the Durban Heights... 

Future bright for Latin America, but water issues impede growth

By: Megan van Wyngaardt     3rd July 2017 While the outlook for mining in Latin America remains positive over the coming years, research firm BMI has outlined certain obstacles that will hinder its development, with water use and contamination among the most significant challenges. BMI warned that companies and governments in Latin... 

Acquisition creates larger industry opportunities

     30th June 2017 In April, construction and civil engineering contractor Esor acquired trenchless technology specialist Tuboseal, renaming it to Esor Tuboseal, which creates larger industry opportunities. 

Engineers must become indispensable during challenging times

By: Robyn Wilkinson     30th June 2017 Until the barriers to investment and development in South Africa’s mining sector are resolved so that key opportunities can be realised, engineering companies need to ensure that their expertise and services are made indispensable to the market, says specialist engineering company Paterson &... 

First local policy for gas pipes released

     30th June 2017 Southern African Plastic Pipe Manufacturer’s Association (Sappma) has released the local industry’s first policy statement for the supply of gas fuels using polyethylene (PE) pipes, in order to ensure that the application and use of PE pipes conforms to South African National Standards (SANS) ISO... 

High-quality products and superior service provide competitive edge

By: Victor Moolman     30th June 2017 As a means to overcome competition from larger plastic pipe providers, plastic pipes, fittings and welding machines company Plastitech offers superior service levels and a complete range of high-quality pipe products. 

Narrabri gas project, Australia

By: Sheila Barradas     23rd June 2017 Santos has reaffirmed its commitment to developing the gas project. 

New building inaugurated for company anniversary

     20th June 2017 Endress+Hauser Flowtec AG looks back 40 years – world-leading manufacturer for flow measuring technology The market for high-quality flowmeters has been growing for decades, with the name Endress+Hauser Flowtec AG in Reinach, Switzerland, closely linked to the last 40 years. “The new facility,... 

Copper production growth to accelerate to 2021

By: Anine Kilian     19th June 2017 Global copper production growth will be supported by key markets with low operating costs and strong project pipelines in the next four years, according to research firm BMI’s copper outlook report, released Monday.  Global copper mine production, supported by markets and low operating costs, is... 

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... 

A new refinery would be a sensible move for South Africa’s future 

By: Kelvin Kemm     16th June 2017 When she prese Budget Vote in Parliament in May, the Minister of Energy; Mmamoloko Kubayi said that she intended to approach Cabinet with a proposal to build a new oil refinery in South Africa. I think that this is a good idea.  The sooner the better.  The Minister pointed out the danger of... 

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. 

Top mining, metals companies warned not to take debt reduction too far 

By: Esmarie Swanepoel     15th June 2017 New research from advisory firm Ernst & Young (EY) has shown that global mining and metals companies are in danger of going too far in their efforts to reduce debt and could compromise their long-term growth opportunities. In a new report, EY noted that debt has fallen by almost 25% in the... 

Bids sought for construction and rehab of Malawi water supply schemes

By: Marcel Chimwala     9th June 2017 Malawi’s Ministry of Agriculture, Irrigation and Water Development is inviting bids for the construction and rehabilitation of gravity-fed water supply schemes in Rumphi district, in the Northern Region, and in Nkhotakota district, in the Central Region. The assignment will be financed by the... 

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. 

Shell completes exit from Canadian oil sands

By: Henry Lazenby     31st May 2017 The world’s second largest publicly traded oil company Royal Dutch Shell is exiting Canada’s oil sands sector after announcing that subsidiaries Shell Canada Energy, Shell Canada Limited and Shell Canada Resources signed two agreements that will transform its Canadian business. Under the two... 

Surcotec’s thermal spray coating solutions has the Western Cape marine market covered

     29th May 2017 The marine industry is a notoriously harsh environment for equipment, parts and components due to accelerated corrosion in a seawater atmosphere and severe operating conditions. Leading thermal spray company, Surcotec, in partnership with Thermaspray, offers a range of high quality thermal spray... 

Surcotec’s thermal spray coating solutions has the Western Cape marine market covered

     26th May 2017 The marine industry is a notoriously harsh environment for equipment, parts and components due to accelerated corrosion in a seawater atmosphere and severe operating conditions. Leading thermal spray company, Surcotec, in partnership with Thermaspray, offers a range of high quality thermal spray... 

Long-serving Sanral engineering exec looks back as he prepares to step down

By: Irma Venter     26th May 2017 When Koos Smit studied civil engineering on a public service bursary at the University of Pretoria in the 1970s, the plan was that he would qualify and build dams and pipelines.However, an oversupply of engineers at the Department of Water Affairs saw him sign up at National Roads. He remained at... 

From Yukon to Patagonia, gold explorers stir after sleep

By: Bloomberg     19th May 2017 From Canada’s Yukon to southern Patagonia, outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery. The number of holes drilled at gold deposits has been rising steadily for more than a year, according to S&P Global Market Intelligence. 

India, Japan to push for One Belt, One Road counter at AfDB conference 

By: Ajoy K Das     19th May 2017 India will unleash its highest level of economic diplomacy at next week’s African Development Bank (AfDB) conference in the western city of Ahmedabad, with the aim of setting quantifiable targets of international economic and trade cooperation between the continents in a bid to counter China’s... 

Stefanutti Stocks’ FY earnings drop as settlement with govt plays out

By: Megan van Wyngaardt     18th May 2017 Construction company Stefanutti Stocks has swung to an operating loss of R106-million for the financial year ended February 28, compared with a profit of R392-million the year before, “reflecting the challenging trading environment”. Contract revenue from operations decreased by R611-million to... 

Canavan takes aim at ‘ridiculous’ gas exploration moratoriums

By: Esmarie Swanepoel     15th May 2017 Federal Resources Minister Matt Canavan has committed to work with state and territory governments in an effort to lift “ridiculous” moratoriums on gas exploration. Speaking at the Australian Petroleum Production & Exploration Association (Appea) conference in Perth on Monday, Canavan said the... 

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