WorleyParsons Limited
(ASX:WOR) has had its services contract extended by Vale for work on its multi-billion dollar iron ore processing facility.
WorleyParsons has been working on the S11D project in Sao Paulo, Brazil, since 2010.
The contract extension will allow WorleyParsons to complete detailed design scope for the project and begin field engineering and early construction support activities.
The extension was awarded after Vale secured the installation license for the S11D project on July 3.
CEO Andrew Wood says the company is looking forward to supporting Vale in achieving the project’s business objectives.
WorleyParsons delivered a net profit of $166 million in the first half of the 2013 financial year.
