WorleyParsons wins $132m bitumen job

WorleyParsons has won a $132 million contract on a bitumen refinery project in Canada

WorleyParsons has won a $Can130 million ($A132 million) contract to provide engineering and procurement work for a bitumen refinery project in Canada.

The North West Redwater new bitumen refinery project is in Sturgeon County, northeast of Edmonton, Alberta, close to major crude oil and diluent pipelines in Albert, WorleyParsons said in a statement on Monday.

The work will be performed by WorleyParsons in its Edmonton, Toronto and Mumbai offices, beginning immediately.

WorleyParsons already is involved in other work on the $Can8.5 billion Sturgeon refinery project that will process 50,000 barrels a day of bitumen.

The project is a partnership between North West Upgrading and oil and gas giant Canadian Natural Resources.

WorleyParsons shares was down 27 cents to $16.54 at 1202 AEDT, in line with overall market falls.


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Source: AAP


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