WorleyParsons Limited
(ASX:WOR) says it’s entered into a global enterprise frame agreement with Shell covering surface facilities capital projects for unconventional oil and gas assets.
The 5-year agreement plus optional 5-year renewal provides for engineering, procurement and construction management services.
The agreement covers projects at Shell’s unconventional oil and gas assets in the US, Canada, Asia as well as future opportunities across the world.
CEO Andrew Wood says the company has a growing global relationship with Shell.
Mr Wood says the award allows WorleyParsons to assist in the development of Shell’s unconventional oil and gas assets around the world.
WorleyParsons delivered a net profit of $344.2 million in fiscal 2013.
