WorleyParsons Limited (ASX:WOR) has secured two new contracts in Indonesia and South Africa.
The engineering company’s Indonesian contract is worth $US180 million in revenue and will be executed with its 50:50 joint venture partner for Chevron Indonesia.
WorleyParsons and its Indonesian JV partner will work for five years to supply program management for Chevron’s oilfield assets in Sumartra.
WorleyParsons South African contract is for the engineering, procurement and construction management services of the Shondoni coal mine development for Sasol Mining Limited.
Earlier this month WorleyParsons won a contract for ExxonMobil’s Alaskan project worth about $112 million over five years.
In the 2011 financial year WorleyParsons posted a net profit of $382 million.
