Australian Firm WorleyParsons Wins Pearl GTL Deal in Qatar

By Kevin Baxter

LONDON--Qatar Petroleum and the Royal Dutch Shell have awarded WorleyParsons a five-year contract to provide engineering services to the Pearl gas-to-liquids plant in Qatar, the Australian company said.

The deal will see WorleyParsons carry out engineering, procurement and construction management, known as EPCM, services at the Pearl GTL site, primarily for a series of planned brownfield projects. The Australia-based firm declined to disclose the value of the contract, or the specific projects for which it would be providing EPCM services.

The $19 billion Pearl GTL is the largest gas-to-liquids facility in the world, producing 140,000 barrels a day of oil products produced from Qatar's vast gas reserves. The plant has been in operation since 2012 and also produces 120,000 b/d of natural gas liquids and ethane.

Write to Kevin Baxter at Kevin.Baxter@wsj.com

(END) Dow Jones Newswires

November 18, 2016 07:38 ET (12:38 GMT)

WorleyParsons (ASX:WORCD)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024