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.
Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.
One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…
Another is a diversified conglomerate trading over 40% off its high, all while offering a fully franked dividend yield over 3%...
Plus 3 more cheap bets that could position you to profit over the next 12 months!
See for yourself now. Simply click here or the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.
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.