Energy contractor giant Worley wins 2 more contracts

Energy giant Worley Ltd (ASX: WOR) announced this afternoon that it has won two LNG contracts from Total. 

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Energy contractor giant Worley Ltd (ASX: WOR) announced this afternoon that it has won two LNG contracts from Total. 

Worley said that it had been awarded two master service agreements (MSAs) by Total for the Mozambique LNG Project to provide in-and-out of country services, including engineering, consulting and specialist engineering for delivering onshore and offshore (subsea) facilities to support the development of the new LNG facility. 

Worley's local Mozambique operation will execute the services with support from Worley's global businesses including Advisian. Worley has supported the LNG development since gas was first discovered there in 2010. 

Worley CEO Andrew Wood said: "We are pleased to continue providing services to the LNG development and to support one of Africa's largest projects. Through the MSAs, we will help Total and its partners in the Mozambique LNG Project meet the world's changing energy needs.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

santa looks intently at his mobile phone with gloved finger raised and christmas tree in the background.
Share Gainers

Here are the top 10 ASX 200 shares today

The ASX couldn't get into the Christmas spirit on our last trading day of the week.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Share Market News

NEXTDC receives approval for new S4 Sydney Data Centre

NEXTDC has secured development approval for its S4 Sydney Data Centre, supporting future growth in digital infrastructure.

Read more »

Smiling man working on his laptop.
Broker Notes

Buy, hold, sell: Medibank, PLS, and Woolworths shares

Analysts have given their verdicts on these shares. Are they bullish or bearish?

Read more »

a business man in a suit holds his hand over his eyes as he bows his head in a defeated post suggesting regret and remorse.
Share Fallers

Why Brightstar, EVT, Monash IVF, and Pro Medicus shares are dropping today

These shares aren't spreading the Christmas cheer on Wednesday.

Read more »

a man raises his fists to the air in joyous celebration while learning some exciting good news via his computer screen in an office setting.
Share Gainers

Why Clarity, DroneShield, St Barbara, and Treasury Wine shares are charging higher today

These shares are making investors smile on Christmas Eve.

Read more »

A cool young man walking in a laneway holding a takeaway coffee in one hand and his phone in the other reacts with surprise as he reads the latest news on his mobile phone
Broker Notes

Bell Potter says this newly listed ASX stock could rocket 80%

The broker has good things to say about this stock following its recent IPO.

Read more »

A woman in a bright yellow jumper looks happily at her yellow piggy bank.
Share Market News

Was it a good idea to invest $10,000 in CBA shares in 2025?

Was buying this 'overvalued' bank a smart move in 2025? Let's find out.

Read more »

A couple sit in their home looking at a phone screen as if discussing a financial matter.
Share Market News

Ventia wins $100m NSW cleaning contract, boosting services outlook

Ventia wins a $100 million NSW Government cleaning contract, further strengthening its essential services presence in Western Sydney.

Read more »