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Worley Limited ( (AU:WOR) ) just unveiled an update.
Worley has signed a reimbursable engineering, procurement and construction contract for Phase 2 of Venture Global’s CP2 Project, underlining its ongoing role in the execution of this large-scale energy development as the project moves toward a final investment decision. The work, led from Worley’s Houston, Baton Rouge and Reading offices and supported by its Global Integrated Delivery team, reinforces the company’s position as a key delivery partner on complex projects that are considered strategically important to global energy supply and security, bolstering its credentials in major energy infrastructure and its standing with stakeholders across the sector.
The most recent analyst rating on (AU:WOR) stock is a Buy with a A$15.62 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 Limited is a leading global professional services company serving the energy, chemicals and resources sectors. Headquartered in Australia and listed on the ASX, it partners with customers to deliver projects and create value over the life of their assets, with a strategic focus on bridging current energy needs and the transition to more sustainable energy sources.
Average Trading Volume: 1,549,562
Technical Sentiment Signal: Sell
Current Market Cap: A$6.79B
For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.