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Energy contractor giant Worley wins 2 more contracts

asx shares higher

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.

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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.

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