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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 turns to courts after Sars slaps it with tax bills worth R12.8bn 

By: Terence Creamer     21st August 2017 JSE-listed energy and chemicals group Sasol will approach the Supreme Court of Appeal (SCA) to resolve a tax dispute with the South African Revenue Service (Sars), which has slapped it with assessments for outstanding tax liabilities and penalties worth R12.8-billion. The company made a... 

Still much uncertainty as LPG stakeholders grapple with market inquiry findings

By: Mia Breytenbach     18th August 2017 In the findings and recommendations of the first-ever market inquiry into the local liquefied petroleum gas (LPG) industry, the Competition Commission urges public and private organisations to improve performance in the sector, yet much uncertainty remains in the wake of the report’s publication.... 

Still much uncertainty as LPG stakeholders grapple with market inquiry findings

By: Mia Breytenbach     18th August 2017 In the findings and recommendations of the first-ever market inquiry into the local liquefied petroleum gas (LPG) industry, the Competition Commission urges public and private organisations to improve performance in the sector, yet much uncertainty remains in the wake of the report’s publication.... 

Wolf making progress with turnaround plan for UK project

By: Creamer Media Reporter      17th August 2017 Specialty metals producer Wolf Minerals said on Thursday that the operational turnaround plan for its Drakeland openpit mine at the Hemerdon tungsten and tin project in Devon, south-west England, was making good progress. The turnaround plan, which was announced last month, is aimed at achieving... 

Krugerrand demand resurgence anticipated to result in record sales  

By: Ilan Solomons     16th August 2017 Increased demand for gold has supported sales of the gold bullion Krugerrands and this year is predicted to yield the highest sales since the 1980s, with an expected 15% to 20% increase on the 1.1-million ounces of the coins sold in 2016. This is according to precious metal smelting and refining... 

Palladium consumption to hit all-time high in 2017 – Nornickel

By: Mariaan Webb     15th August 2017 Palladium consumption is heading for an all-time high of 10.8-million troy ounces, which will leave the market in a deficit of more than one-million ounces in 2017, according to the world’s largest producer of the precious metal. Russia’s Nornickel said on Tuesday that it retained a positive... 

India to import 25t gold from South Korea, avoiding duty - industry officials

By: Reuters     14th August 2017 Indian traders are likely to import 25 tonnes of gold from South Korea in July and August, taking advantage of a recent tax change that allows importers to ship in gold without paying a 10% customs duty, industry officials told Reuters. The cheap imports are putting pressure on local refiners... 

The costs of safety

By: Terry Mackenzie-hoy     11th August 2017 A well known South African electrical cable manufacturer will not hold it against me when I say that, at one time, about 25 years ago, the manufacturer ran the most unsafe cable making operation that I had seen. To the accompaniment of whistles and shouts, a group of men dragged wires, PVC... 

Elon Musk inspires No.1 miner to target electric vehicle boom

By: Bloomberg     9th August 2017 Observations by Tesla’s Elon Musk on the key role nickel plays in the electric vehicle boom helped inspire the world’s top miner BHP Billiton to invest in new capacity to target rising demand. Amid efforts to improve performance at its nickel operations in Australia, Eduard Haegel, asset... 

Engen’s Wendy Ntombela remembers her women of real worth

     4th August 2017 South Africa celebrates National Women's Day annually on 9 August. It commemorates the 1956 march of approximately 20 000 women to the Union Buildings in Pretoria, and as a result, it remains the day which represents liberation, strength and equality to millions of contemporary South African... 

Now is the time to build a new oil refinery

By: Kelvin Kemm     4th August 2017 The more I look at large projects all over the world, the more I am convinced that they all relied on inspired leadership and a significant element of inspired risk taking. It is well known that, if you put your money into an investment, the financial return is least for the lowest risk. The... 

Norilsk Nickel ups Q2 palladium output, nickel volumes fall

By: Mariaan Webb     31st July 2017 Russian miner Norilsk Nickel has substantially increased its second-quarter platinum group metals (PMGs) production, while nickel volumes decreased in the three months under review. Group palladium production increased by 41% quarter-on-quarter to 781 000 oz and platinum production rose by 46%... 

SNC-Lavalin awarded FEED conversion to EPC contract for Guinea refinery

By: Creamer Media Reporter      24th July 2017 TSX-listed SNC-Lavalin has been awarded a contract by private firm Brahms Oil Refineries to undertake a front-end engineering design (FEED) conversion to engineering, procurement and construction (EPC) contract for a 10 000 bbl/d crude oil refinery in Kamsar, Guinea. The professional services and... 

Tongaat Hulett launches R550m sugar refinery project in Mozambique

By: Anine Kilian     24th July 2017 Sugar producer Tongaat Hulett on Monday launched a R550-million 90 000 t/y refinery to process brown sugar into white sugar at its Mozambique-based Xinavane sugar mill. The refinery will produce its first product in September 2018. 

Nakambala sugar mill expansion project completed

By: Tasneem Bulbulia     21st July 2017 During the third quarter of 2017, project management and equipment design company Bosch Projects completed the implementation of the Nakambala Product Alignment and Refinery project in Mazabuka, Zambia. Bosch Projects sugar sector director Steven Rosettenstein, who was the project manager for the... 

South32 reports lower FY production for most commodities

By: Esmarie Swanepoel     20th July 2017 Diversified miner South32 on Thursday reported an increase in production across most of its portfolio for the three months to June, compared with the previous quarter, but its full-year performance was lower for several commodities. The Perth-headquartered group, which operates in Australia and... 

Amplats own-mine output up, sales down in two-fatality quarter

By: Martin Creamer     20th July 2017 Performance from its own mine operations helped platinum production from Anglo American Platinum (Amplats) to increase in the three months to June 30, but sales volumes fell sharply on technical problems and two mineworkers succumbed to fatal injuries. Full-year production guidance remains... 

BHP invests A$350m in Olympic Dam

By: Esmarie Swanepoel     19th July 2017 Mining major BHP will invest A$350-million into its Olympic Dam operations, in South Australia, in a smelter maintenance campaign. Olympic Dam asset president Jac 

Platinum for new fuel cell Mercedes cut to autocat level  

By: Martin Creamer     12th July 2017 German car manufacturer Daimler has cut the platinum loading of its new fuel cell Mercedes to catalytic converter level. “We reduced the amount of platinum by 90%, which provides a significant cost reduction. Our fuel cell is not much above the platinum loading of a catalytic converter on a... 

Kidman draws on technical capabilities of Chile’s SQM for WA lithium project

By: Esmarie Swanepoel     12th July 2017 ASX-listed Kidman Resources has signed a joint venture (JV) agreement with lithium producer Sociedad Quimica y Minera de Chile SA (SQM) to develop and operate the Mt Holland lithium project, in Western Australia. Under the terms of the agreement, SQM will invest $110-million, comprising a cash... 

A good disaster

By: Terry Mackenzie-hoy     7th July 2017 Do they still have, one wonders, the good old engineering Friday afternoon braai? For the sake of moral, it used to be that, at the end of every month, on a site, they would have a braai, usually starting at 15:00. The beers would be floating in a water-and-ice mixture in a galvanised bath (know... 

Chevron refinery in Cape Town gets high pressure clean

     5th July 2017 Chevron’s refinery in Milnerton, Cape Town, underwent its annual shutdown during February and March this year, during which all critical path production equipment is maintained. High pressure industrial cleaning of the plant and equipment was conducted using equipment from South Africa’s leading... 

Global zinc output will diminish over coming years – BMI

By: Megan van Wyngaardt     4th July 2017 An ore shortage will see the global refined zinc deficit gradually widen over the next few years, with producers to curb output, research firm BMI said on Tuesday. It noted that zinc production and consumption growth are expected to average 1.9% and 1.7% respectively between this year and 2021,... 

Kiziltepe ramp-up progressing smoothly – Ariana

By: Mariaan Webb     30th June 2017 The Kiziltepe precious metals mine in Turkey is gearing up for commercial production to start soon, as the ramp-up of the mine continues to meet, or exceed, the expectations of joint venture partners Ariana and Proccea Construction. In an operational update published on Friday, 50%-owner Ariana... 

Biorefinery project, Turkey

By: Sheila Barradas     30th June 2017 The proposed project entails the construction of a commercial-scale biorefinery. 

First Cobalt formalises transformative acquisitions to fuse Cobalt, Ontario mining camp

By: Henry Lazenby     28th June 2017 Explorer First Cobalt (FCC) has formalised binding letters of intent to acquire ASX-listed Cobalt One and fellow TSX-V-listed CobalTech Mining. The two deals will consolidate the Cobalt, Ontario mining camp under FCC and give the company control of about 10 000 ha for cobalt exploration and mining. 

Fortune shuffles management

By: Henry Lazenby     23rd June 2017 Multicommodity project developer Fortune Minerals this week announced the appointment and promotion of several staff members in preparation for construction of its C$589-million Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories (NT). The London, Ontario-based junior on... 

Expansion ensures greater manufacturing capability for Hydra-Arc

By: Nica Schreuder     23rd June 2017 Steel fabricator Hydra-Arc has recently expanded its machining capability allowing them to take on work previously done by international manufacturing and engineering companies. Founded in 1987 by Jose Maciel, Hydra-Arc has grown from a supplier of specialised welders into a leading refinery... 

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... 

First Cobalt on the rise as it consolidates cobalt exploration portfolio

By: Henry Lazenby     22nd June 2017 Toronto-based First Cobalt (FCC) has positioned itself to become the world’s largest cobalt exploration company under pending deals to merge with ASX-listed Cobalt One and acquire fellow TSX-V-listed CobalTech Mining. Based on FCC's C$30-million market cap, plus the market caps of Cobalt One... 

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... 

Jubilee’s Hernic now at full production

By: Creamer Media Reporter      15th June 2017 Aim- and Alt-X-listed Jubilee’s Hernic platinum and chrome processing operations are now operating at full production rate, with a throughput capacity of 1 900 t/d of chrome and platinum-containing feed material equating to 55 000 t/m. Platinum group metals (PGMs) concentrate production continues... 

Company wins $157m boiler contract

     9th June 2017 India-based energy and environmental engineering solutions company Thermax has won export contracts from an undisclosed leading African conglomerate to supply four utility boilers, eight heat recovery steam generators and two flue gas steam generators for its upcoming refinery and petrochemicals... 

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... 

Only two board members left at beleaguered PetroSA – report

By: News24Wire      7th June 2017 The Central Energy Fund declined to comment on Wednesday on a report that four of the six remaining board members of PetroSA tendered their resignations. BusinessLive reported that the resignations of now interim board chairperson Wilfred Ngubane, Thami Hlongwa, Johlene Ntwane and Banothile... 

Ariana’s Turkey mine ramps up production

By: Megan van Wyngaardt     6th June 2017 Turkey-focused miner Ariana Resources is considering increasing the mill throughput at its Kiziltepe silver and gold mine, targeting output in excess of 180 000 t/y. The company on Tuesday said that after mill availability having increased to over 95% during May, the process recoveries of gold... 

Lundin to trade on Nasdaq Stockholm

By: Mariaan Webb     1st June 2017 Canadian base metals miner Lundin Mining has been given approval for listing its shares on Nasdaq Stockholm, with trading set to start next week under the trading symbol ‘LUMI’. Lundin is converting Swedish Depository Receipts (SDRs) to shares for trading on Nasdaq Stockholm and will not be... 

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... 

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