WorleyParsons awarded new Thaioil contract

Company News

by Rachael Jones

The Thai Oil Public Company has awarded a services contract for its oil refinery in Thailand to WorleyParsons (ASX:WOR).

Thaioil is one of the largest refiners in Thailand and operates a complex refinery using efficient processing technologies to produce petroleum products for Thailand.

Worley will provide engineering, procurement and construction management services.

Andrew Wood, Chief Executive Officer of Worley says they are pleased to continue their long standing relationship with Thaioil to support them in meeting Thailand's energy needs.

Shares in WorleyParsons (ASX:WOR) are trading 1.73 per cent lower at $13.89.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.