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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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Goldplat, Rand Refinery agree to arbitration

By: Natasha Odendaal     Updated 6 hours ago Tangible progress is being made towards the settlement of Aim-listed Goldplat’s dispute with Rand Refinery, with both parties having agreed to arbitration after a protracted period of negotiations. Goldplat on Monday said the parties formally agreed on an arbitration process for the recovery of... 

Vedanta's Zambian arm to set up new processing plants

By: Reuters     7th December 2017 London-listed Vedanta Resources said on Thursday its Zambian subsidiary Konkola Copper Mines (KCM) plans to set up a new copper smelter, cobalt refinery and other infrastructure under a $1 billion investment programme announced earlier. In March Vedanta announced the $1 billion investment after a... 

Vivo to gain 300 stations in 9 African countries in Engen share transaction

By: Schalk Burger     5th December 2017 Petroleum and energy company Vivo Energy, which represents oil multinational Shell’s brand of fuels and lubricants in Africa, will gain 300 service stations across nine African countries after it agreed to buys shares in oil multinational Engen International Holdings from Engen Holdings in... 

SMB plans Guinea alumina refinery by 2022

By: Reuters     4th December 2017 A consortium of the Societe Miniere de Boke (SMB) and Singapore's Winning Shipping plans to build Guinea's first alumina refinery in a $3 billion effort to develop the West African country's bauxite industry, it said on Monday. Guinea has about a third of the world's bauxite reserves and expects... 

Tribunal approves mergers involving seed, wheat milling companies

By: Anine Kilian     4th December 2017 The Competition Tribunal has approved the acquisition of seed and wheat milling companies Progress Milling and Noordfed by holding company K2014202010, a joint venture between Louis Dreyfus Company Africa (LDCA) and DH Brothers Industries Willowton.     The tribunal approved the transactions... 

Southern Copper workers in Peru on strike for ninth day

By: Reuters     30th November 2017 Workers at Southern Copper, in Peru, said they completed a ninth day of an indefinite strike on Wednesday, following a failed negotiation attempt with the company. The walkout, which involved 3 000 members of two out of the five Southern Copper unions in Peru, has been declared illegal by the... 

Indian oil refineries exploring possibility of importing Venezuelan crude

By: Ajoy K Das     29th November 2017 Close on the heels of an offer from Venezuelan national oil company, Petreos de Venezuela SA (PDVSA), to repay its debt in kind, Indian government-owned and -operated oil marketing companies (OMCs) are relooking at the operational viability of using Venezuelan crude as feedstock. Sources say that... 

Union for striking workers reaches tentative labour deal at Quebec zinc refinery

By: Reuters     24th November 2017 The United Steelworkers said on Thursday it reached a tentative agreement with Noranda Income Fund on a new labour deal for 371 striking workers at a zinc refinery in Salaberry-de-Valleyfield, Quebec. Zinc output at the plant, operated by a subsidiary of global mining giant and trader Glencore,... 

China tells Myanmar military it wants closer ties

By: Reuters     23rd November 2017 China wants closer ties with Myanmar’s military to help protect regional peace and security, a senior Chinese general told the visiting head of the southeast Asian country’s army. China and Myanmar have had close diplomatic and economic ties for years, including increasingly in the strategically... 

Sasol’s new strategy shuns GTL as specialty chemicals emerge as key growth driver

By: Terence Creamer     23rd November 2017 Chemicals and energy group Sasol is preparing to sell several assets, including its Canadian shale gas assets, following an overhaul of its corporate strategy, which eschews any further greenfield gas-to-liquids (GTL) investments in favour of smaller acquisitions and projects of between... 

South Africa eyes Brics partners to build new $10bn refinery 

By: Reuters     21st November 2017 South Africa is looking to the national oil companies of its Brics partners to help build a new 400 000 bbl/d refinery that will be structured by senior debt and equity, Energy Minister David Mahlobo told Parliament on Tuesday. The idea of building a refinery in Africa's most industrialised... 

Cobalt One shareholders approve merger with First Cobalt

By: Anine Kilian     21st November 2017 Junior cobalt miner Cobalt One’s shareholders have approved a merger with Toronto-based First Cobalt, which means that the companies are one step closer to creating the largest pure-play cobalt company in the world. Cobalt One announced on Monday that 99.995% of the shareholders’ votes were in... 

SNC-Lavalin signs multiyear agreement with Chevron

By: Anine Kilian     16th November 2017 Project management company SNC-Lavalin has inked a multiyear agreement with oil producer Chevron South Africa’s crude oil refinery in Cape Town, which will run until August 31, 2020.     As per the agreement, SNC-Lavalin’s scope of work includes the mechanical maintenance services of various... 

Fortune to consider higher cobalt output in Nico feasibility report

By: Henry Lazenby     10th November 2017 Project developer Fortune Minerals plans to increase the production rate at its flagship Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, by between 20% and 30% in a response to feedback from potential strategic partners, the company announced on Thursday. London,... 

400 emergency shutdown valves supplied to Oman petrochemicals project

     10th November 2017 Industrial product supplier Metso supplied 400 industry-leading Neles emergency shutdown (ESD) valves for an ethylene cracker as part of the new Liwa Plastics Industrial Complex (LPIC) project in Oman. The new complex will process light ends produced in State-owned oil company Oman Oil Refineries... 

It took Engen’s Tevin Richard seven years to achieve his dream

     9th November 2017 Growing up in Merebank outside Durban, close to Engen Refinery, Tevin Richard dreamt of becoming an engineer and being able to change his world for the better.   Tevin attended Merebank Secondary School where he found that “maths and science just made sense” and discovered that these subjects -... 

SA Hippo Flameproof Submersible Slurry Pump Goes To Houston.

     1st November 2017 TARGA RESOURCES, with its headquarters in Houston, Texas, is a leading provider of midstream services in North America and is primarily engaged in the business of gathering, compressing, treating, processing gas, crude oil and the selling of refined petroleum products. At the TARGA RESOURCES’... 

Devon tungsten mine turnaround building momentum

By: Mariaan Webb     31st October 2017 The operating turnaround plan for the Drakelands mine at the Hemerdon tungsten and tin project in Devon, south-west England, is gaining momentum and is delivering benefits across the business, with production and sales up 15% for the September quarter, Wolf Minerals MD Richard Lucas reported on... 

Norilsk Nickel lifts Q3 nickel output by 10% q/q

By: Mariaan Webb     30th October 2017 The world’s largest producer of refined nickel and palladium, Norilsk Nickel, on Monday reported a 10% quarter-on-quarter increase in its nickel output, but said third-quarter copper and platinum group metals production had declined. Nickel production increased to 54 175 t in the September... 

Wolf increases bridge facility to £55m

By: Esmarie Swanepoel     30th October 2017 ASX and Aim-listed Wolf Minerals has increased an existing bridge facility by £10-million to support short-term working capital as the company progressed operations at its Drakelands tungsten mine, in the UK. An existing bridge facility with Resource Capital Fund VI has been increased from... 

Financial results exhibit value-based growth

     27th October 2017 In the 2017 financial year, energy and chemicals company Sasol’s results portrayed value-based growth on a robust foundation owing to a strong business performance across most of the value chain. 

Company mitigates refinery industry challenges

By: Marleny Arnoldi     27th October 2017 Amid the weak demand and low prices that have hampered strategic decision-making and stalled planning for the oil and gas industry globally, specialised engineering company RTS Africa Engineering says improved technologies facilitating the understanding of process variables allow for cautious... 

Positive prospects for synfuels sector with focus on efficient maintenance

By: Simone Liedtke     27th October 2017 Welding and construction equipment-related supplier Renttech South Africa (SA) sees prospects for the synfuels industry improving, as the recent depressed period - owing to the decline globally in hydrocarbon fuel prices - has seen the petrochemicals industry focusing on efficient maintenance,... 

Fluor establishes a Multi-Projects Group® to offer Scalable Project Solutions

     26th October 2017 Fluor South Africa has established a Multi-Projects Group® to assist clients with lean, cost effective engineering, procurement and construction services for small- to medium-sized projects. “This execution approach is instrumental in offering our clients capital cost efficiency, specifically... 

Amplats reports flat Q3 production numbers, revises guidance downward

By: Ilan Solomons     24th October 2017 Platinum mining company Anglo American Platinum (Amplats) on Tuesday reported that total platinum production (expressed as metal in concentrate) for the three months ended September 30, was flat at 621 400 oz. The company noted that there were strong performances from its Mogalakwena, Unki and... 

Workshop: The pertraction metal refinery

By: Creamer Media Reporter      20th October 2017 Workshop: The pertraction metal refinery. Media Report 11 October 2017 The Focus Area: 

Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

By: Mia Breytenbach     20th October 2017 Amid low levels of capital project activities in South Africa, the $400-million Gamsberg zinc and lead project, in the Northern Cape, has become the largest mining project under execution in the country. “Commentators have noted that this significant investment in the South African mining... 

BHP’s entry into nickel sulphate ‘well timed’, cobalt sulphate may be next

By: Esmarie Swanepoel     17th October 2017 Mining major BHP is reviewing the timing of its Stage 2 nickel sulphate plant at the Kwinana refinery, in Western Australia, on the back of high demand. BHP Nickel West asset president Eduard Haegel said on Tuesday that potential customer visits had confirmed that the company’s entry into the... 

Duqm refinery, Oman

By: Sheila Barradas     13th October 2017 The project entails the construction of a high-efficiency refinery to produce naphtha, jet fuel, diesel and liquefied petroleum gas. 

PIC said to mull backing bid for Chevron's South Africa Unit

By: Bloomberg     12th October 2017 Africa’s biggest fund manager is interested in taking part in the acquisition by Glencore and a group of black South African-owned companies of Chevron Corp.’s assets in the country, according to three people familiar with the matter. The Public Investment Corporation (PIC), which manages the... 

Gamsberg zinc prestrip close to halfway mark – Vedanta

By: Martin Creamer     10th October 2017 The prestripping of waste rock at the Gamsberg zinc mine project in the Northern Cape is close to the halfway mark, Vedanta Resources reported on Tuesday, when its interim CEO Kuldip Kaura described as “strong” the quarterly production performances of the London-listed, India-rooted mining... 

Glencore to acquire Chevron’s South Africa, Botswana assets for $973m

By: Anine Kilian     6th October 2017 JSE-listed Glencore has entered into an agreement with Off The Shelf Investments Fifty Six (OTS) to acquire a 75% interest in Chevron South Africa, as well as a 100% interest in Chevron Botswana, for an aggregate consideration of $973-million. The assets comprise the interests of the Chevron... 

The Krugerrand's remarkable contribution to SA mining value-addition 

By: Ilan Solomons     6th October 2017 The gold bullion Krugerrand represents a most remarkable story from a beneficiation perspective, with more than 60-million pieces sold over the past 50 years. This equates to more than 1 660 t of local gold used in the process, and about 25% of all South African gold sold currently is in the form... 

Pumps investment solidifies Mozambique sugar industry

By: Nica Schreuder     6th October 2017 South African pumps manufacturer and supplier Brehnor Pumps has commissioned two Ornel Floodlifter 1 200-mm-diameter pumps on the Xinavane sugar estate, in Mozambique, owned by agricultural and agroprocessing business company Tongaat Hulett. 

Rand-air introduces the efficient pts 800 to their fleet

     5th October 2017 Recent research reports suggest that the market for oil-free compressors will increase by leaps and bounds in the next five years. With safety and convenience being a concern for most companies, especially those in the food industries, the new pts 800 is a welcomed addition to the oil-free... 

Transnet upgrades fuel pipeline from Durban to Johannesburg

By: African News Agency      5th October 2017 Transnet’s has commissioned its upgraded 55 km multiproduct pipeline, which will enable it to move four petroleum products from Durban to Johannesburg. When the 24-inch trunk-line was first commissioned in 2012 it transported only diesel. 

Resources Watch  

     5th October 2017 Fifty years on from the minting of the first gold Kruggerand, demand for the iconic coin remains strong. Ilan Solomons has the story. 

Earl Grey could deliver 288 000 t/y of lithium concentrate

By: Esmarie Swanepoel     3rd October 2017 The Earl Grey lithium project, in Western Australia, could be in production as early as the first quarter of 2019, ASX-listed Kidman Resources reported on Tuesday. A scoping study into the project estimated that production could start as early as August next year, with construction to last... 

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