WorleyParsons Limited (“the Company”) provides a trading update and updated earnings guidance for the year to 30 June 2013.
Maersk Oil Qatar General Design Contract award
Maersk Oil Qatar A/S (Maersk Oil) has awarded WorleyParsons Qatar WLL a four year “General Design Contract” to conduct engineering design modifications and material definition for works associated with the Al Shaheen offshore oil production facilities operated by Maersk Oil in Qatar. The Al Shaheen field is located in Block 5 offshore Qatar and is operated under a production sharing agreement on behalf of Qatar Petroleum.
EPCM contract award for the Kami Iron Ore project
WorleyParsons is pleased to announce the signing of a contract for the Engineering, Procurement and Construction Management (“EPCM Agreement”) with the Alderon Iron Ore Corporation (“Alderon”) and The Kami Mine Limited Partnership for the development of the Kami Iron Ore project (“Kami project”). The estimated revenue is $92.5 million.