Gulf Oil and Gas accountACCOUNT

WorleyParsons Acquired Jacobs Energy Division

Source: www.gulfoilandgas.com 10/23/2018, Location: Not categorized

WorleyParsons has entered into a binding agreement to acquire Jacobs Energy, Chemicals & Resources division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Minerals. ECR has a global footprint with long-term, blue-chip relationships in key strategic markets, most notably the US, Canada, the Middle East and India. The business has more than 30,900 employees in 27 countries.

Jacobs ECR is ranked number one globally for its delivery of complex petrochemical and chemical projects, its maintenance, modifications and operations (MMO) for hydrocarbons projects, including onshore and offshore production facilities and integrated project delivery, construction and technical services.

In combining the two complementary organizations WorleyParsons will create a pre-eminent global provider of project and asset services in resources and energy and provide global sector leadership across hydrocarbons, chemicals and minerals & metals.

WorleyParsons CEO Andrew Wood said: “We are excited to combine Jacobs ECR’s world-class capabilities with our global platform to create a leader across our key focus sectors. The transaction will bring complementary capabilities in key business lines, including a best-in-class onshore and downstream MMO capability allowing customers to benefit from as expended integrated solutions offering, while our employees will have increased opportunity for development as part of the leading global project delivery provider in our sectors.”

Mergers and Acquisitions News in Australia >>

United Kingdom >>  9/11/2020 - Independent Oil & Gas plc ("IOG") notes the recent movement in the share price of Deltic Energy Plc ("Deltic"). IOG confirms that it is considering a ...
United Kingdom >>  9/9/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the audited results for the period ende...

Australia >>  8/31/2020 - AGL Energy Limited has entered into an agreement for the acquisition of 100% of the shares of Click Energy Group Holdings Pty Ltd (Click Energy), a wh...
United States >>  8/31/2020 - Liberty Oilfield Services Inc.and Schlumberger announced an agreement for the contribution of Schlumberger’s onshore hydraulic fracturing business in ...

Falkland Islands >>  8/27/2020 - Rockhopper Exploration plc, the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce ...
United States >>  8/27/2020 - Emerson has agreed to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all cash transaction. OSI Inc. is a leading operation...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Australia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.