WorleyParsons has entered into a binding agreement to acquire Jacobs Energy, Chemicals & Resources (ECR) division.
WorleyParsons believes that the combination of the two companies 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 and 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.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/25102018/worleyparsons-to-acquire-jacobs-ecr-division/