Engineering, procurement and construction major Worley Parsons (ASX:WOR) has penned a 5 year extension for its contract with Imperial Oil and Syncrude Canada.
Worley Parsons has been working with these companies since 1991 providing a full range of engineering, procurement and project delivery services for brownfield and greenfield projects in Canada.
Meanwhile, Marathon Petroleum Company has also awarded Worley a contract to provide detailed engineering services for the conversion of the Dickinson refinery, located in North Dakota.
Under the contract, the facility will be converted to a renewable diesel refinery.
Shares in Worley Parsons (ASX:WOR) are trading 1.1 per cent higher at $15.69.