Worley Wins EPCM Role on Danish Hydrogen Backbone Pipeline

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

Worley has secured a five-year Engineering, Procurement and Construction Management contract from Energinet Brint A/S to support Phase 1 of Denmark’s Danish Hydrogen Backbone pipeline, a project designed to create a national hydrogen transmission network. The mandate covers EPCM services for about 41 km of new hydrogen pipeline and conversion of roughly 89 km of existing natural gas pipeline, along with associated infrastructure, with commissioning targeted by late 2030.

The award underscores Worley’s growing role in Europe’s emerging hydrogen economy and strengthens its position in the Nordic region, where the project will be led from Denmark and supported by teams in other Nordic markets, the UK and India. By anchoring a key piece of cross-border hydrogen infrastructure linking Danish green hydrogen production to Germany and wider European markets, the contract provides a platform for long-term regional growth and reinforces Worley’s capabilities in large-scale decarbonization projects.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$16.40 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 an Australia-headquartered, ASX-listed global professional services company focused on the energy, chemicals and resources sectors. It partners with customers to deliver projects and manage assets across their lifecycle, supporting both traditional energy needs and the transition to more sustainable energy sources.

Average Trading Volume: 1,619,343

Technical Sentiment Signal: Hold

Current Market Cap: A$6.6B

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