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WorleyParsons Limited
Company typePublic
ASX: WOR
IndustryEngineering
Founded1971 as Wholohan Grill and Partners[1]
HeadquartersNorth Sydney, NSW,  Australia
Key people
Ron McNeilly (Chairman and Non Exec. Director)
John Grill (Founder, CEO)[1]
David Housego (CFO)[2]
ProductsServices
RevenueDecrease A$4,967.1 million (Aug 2010)[3]
Decrease A$291.1 million (Aug 2010)[3]
Number of employees
30,000+ (Aug 2010)[3]
Websitewww.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 AU$4 billion, and makes up 0.29% of the S&P/ASX 200 index.[citation needed]

In January 2007, WorleyParsons acquired 100% of SEA Engineering,[4] and on February 7, 2007, WorleyParsons acquired the privately-held Colt Companies [5] 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.[6]

In 2007, WorleyParsons' Canadian division was named one of Canada's Top 100 Employers, as published in Maclean's magazine.[7]

Later in 2007, WorleyParsons acquired North Sydney-based Patterson Britton and Partners (PBP) [8] and Brisbane-based John Wilson and Partners (JWP).[9] 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.

WorleyParsons Group of Companies

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  • Evans & Peck - International infrastructure-based advisory company that has supported governments and private organisations in the conception, development and delivery of major projects and programs.
  • INTECSEA - A global company within The WorleyParsons Group offering capabilities for floating systems, offshore pipelines and subsea production systems.
  • CNEC WorleyParsons - CNEC WorleyParsons Engineering SA accumulated extensive experience in providing consulting services in project management and complete engineering solutions, ranging from feasibility studies to the early operation of the enterprise.
  • WorleyParsons Unifield - WorleyParsons’ capability in the nuclear consulting and analysis segment of the international nuclear industry was complemented with the acquisition of UniField Engineering with the aim to expand the power business in the USA.
  • Nana WorleyParsons - NANA WorleyParsons provides multi-discipline engineering and design, project management, project controls, procurement and construction management to the hydrocarbons, power and mining industries.
  • MaisonWorleyParsons - The largest international engineering, procurement, and construction management contracting organization in China.
  • CadSkills - Since 1996, CadSkills has been an established company in Singapore that specializes in the provision of CAD and technical resource solutions across all disciplines of the infrastructure, hydrocarbons and power industries.

Joint Ventures

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  • ARA WorleyParsons - A multidisciplinary firm that has all the specialties for the design and implementation of projects of various kinds, including management, construction management, procurement, programming and control of projects.

Alliances

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  • Transfield Worley - Transfield Services and WorleyParsons have worked together for over 25 years. The strength of Transfield Worley is the project management engineering skills of WorleyParsons, complemented by the implementation, shutdown and maintenance experience of Transfield Services.

WorleyParsons History

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References

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  1. ^ a b WorleyParsons - Our History Retrieved 2010-08-27
  2. ^ WorleyParsons - The Board Retrieved 2010-08-27
  3. ^ a b c WorleyParsons Annual Report 2010 Retrieved 2010-09-16
  4. ^ "WorleyParsons buys SEA Engineering".
  5. ^ Colt Engineering Home Page
  6. ^ Angela Macdonald-Smith (2007-02-08). "WorleyParsons to Buy Colt for A$1.13 Billion (Update3)". Bloomberg L.P. Retrieved 2007-02-10.
  7. ^ "Reasons for Selection, 2007 Canada's Top 100 Employers".
  8. ^ "Patterson Britton and Partners".
  9. ^ "WorleyParsons Acquires Australian Infrastructure Firms".
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Category:Engineering companies of Australia Category:Companies based in Sydney

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