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Worley Secures Decarbonization Project for Oman’s Sohar Refinery

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Worley Secures Decarbonization Project for Oman’s Sohar Refinery

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Worley Limited ( (AU:WOR) ) has issued an announcement.

Worley Limited has been awarded a contract by OQ Refineries and Petroleum Industries LLC to provide Front-End Engineering Design for a decarbonization project at the Sohar Refinery in Oman. This project highlights Worley’s expertise in decarbonization and strengthens its long-term partnership with OQ RPI, contributing to the energy transition by enhancing energy efficiency and reducing the carbon footprint of the refinery.

The most recent analyst rating on (AU:WOR) stock is a Hold with a A$14.00 price target. To see the full list of analyst forecasts on Worley Limited stock, see the AU:WOR Stock Forecast page.

More about Worley Limited

Worley is a leading global professional services company specializing in energy, chemicals, and resources. The company partners with customers to deliver projects and create value throughout the lifecycle of their assets, focusing on sustainable energy solutions while meeting current energy, chemicals, and resource needs. Headquartered in Australia, Worley is listed on the Australian Securities Exchange.

Average Trading Volume: 1,884,136

Technical Sentiment Signal: Sell

Current Market Cap: A$6.77B

See more insights into WOR stock on TipRanks’ Stock Analysis page.

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