WorleyParsons Net Worth is6.7 $Billion
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Type: Public company
Traded As: WOR
Predecessor: Wholohan Grill and Partners Foundation: 1971
Location City: North Sydney, New South Wales, NSW
Location Country: Australia
Key People: Ron McNeilly (Chairman and Non Exec. Director), John Grill (Founder, CEO) Industry: Engineering
Revenue: operating income
Net Income: {{profit Australian dollar364.2 million (Aug 2011) Num Employees: 37,800 http://worleyparsons.com/InvestorRelations/ASX/Documents/2012/14th%20Annual%20Macquarie%20Conference%20John%20Grill%20presentation%20May12 FINAL.pdf
Homepage: www.worleyparsons.com
WorleyParsons Limited is a large Australian provider of professional services to the energy, resource, and complex process industries.
The company has a market capitalisation greater than A$6 billion, and makes up about 0.55% of the S&P/ASX 200 index.[citation needed]
In January 2006, WorleyParsons acquired 100% of SEA Engineering, and on 7 February 2007, WorleyParsons acquired the privately held Colt Companies based in Calgary, Alberta for A$1.13 billion (US$880 million) to gain increased access to Canada's oil sands industry. Randy Karren leads WorleyParsons Canada as its Managing Director, reporting to WorleyParsons CEO John Grill. Bill Hall is second in command of WorleyParsons, his title is Director of Mega Projects and he also reports to Grill directly.
In 2007, WorleyParsons' Canadian division was named one of Canada's Top 100 Employers, as published in Maclean's magazine.
Later in 2007, WorleyParsons acquired North Sydney-based Patterson Britton and Partners (PBP) and Brisbane-based John Wilson and Partners (JWP). The two companies work in the water and environmental services market in Australia, particularly in the coastal and marine, water resources and wastewater, environmental, civil and structural and power markets.
In July 2012 it was announced that John Grill would be stepping down as CEO and Andrew Wood would be appointed as the new CEO effective at the conclusion of the company's 2012 AGM on 23 October 2012. At this time John Grill will become non-executive Chairman of the Board.
In 2010, WorleyParsons was part of a team to be awarded with Power Engineering magazinea??s 2010 Coal-Fired Project of the Year. The project, a??DryFining,a?? created a new technology for coal-firing power plants that improves fuel quality, decreases volatile gas emissions, and reduces a planta??s operating expenses and maintenance costs. The team was led by electric service provider Great River Energy of Maple Grove, Minnesota, and also included fluid

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WorleyParsons Latest News

Prosecutor General Wants Delyan Dobrev MP to Face Charges in Connection with Belene N-Plant Project

the termination of NEK's contract with Parsons E&C Europe Limited (a member of the WorleyParsons Group) for the construction of a second Bulgarian nuclear power plant at Belene. The prosecution recalled that the contract was signed on January 31 ...
Posted: October 23, 2016, 5:00 pm

BRIEF-WorleyParsons says underlying earnings expected to be more biased to second half

* Ongoing weakness in commodity prices has led to further declines in capital expenditure across resources and energy sectors * Identified initiatives to generate a further $150 million in annualized savings throughout financial year 2017 * Yet to see ...
Posted: October 24, 2016, 7:59 am

WorleyParsons Relying on Cost Cuts for Turnaround

Engineering and construction giant WorleyParsons says trading conditions in the first quarter have remained challenging, despite a rebound in the prices of some commodities, with revenue continuing to be under pressure. The company will rely on its ongoing ...
Posted: October 25, 2016, 7:33 am
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