Worley Parsons
It has been good going for Australian project and engineering consultancy firm Worley Parsons, as it has held its position as one of the chief consultants to Saudi Aramco for more than a decade. In mid-last year, the firm bagged a new six-year contract to provide project management services for the world’s biggest oil producing company’s offshore programme. Under the new contract, the company has been providing project management and engineering services for existing and new offshore facilities as part of Aramco’s capital programme. Worley Parsons will also provide project management consultancy services for marine vessels.
In December 2015, the firm won a project management contract worth $87mn from the Bahrain Petroleum Company (BAPCO) for its modernisation programme. The programme aims to optimise the refinery configuration. Upon completion, the total refinery throughput is expected to stand at 360,000 barrels per day (bpd).
The company, which registered revenues of $7.28bn in 2015, last year won a FEED contract from Lukoil in Iraq, as well as a five-year project management contract from the Kuwait Oil Company (KOC), and a four-year engineering services contract from the Kuwait Gulf Oil Company’s Wafra Joint Operations.