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Worley Wins Five-Year Equinor Framework Deal for Norwegian Offshore Facilities

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Worley Wins Five-Year Equinor Framework Deal for Norwegian Offshore Facilities

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

Worley has secured a five-year framework agreement with Equinor Energy to support maintenance, installation and modification activities at selected oil and gas facilities on the Norwegian Continental Shelf, including the Sleipner and Johan Sverdrup installations, starting in May 2026 with options to extend. The deal deepens Worley’s longstanding relationship with Equinor, underscores its strong local presence in Norway backed by a global resource base, and reinforces its strategic position in offshore energy services in a key petroleum region.

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, partnering with customers to deliver projects and support assets throughout their life cycle. Headquartered in Australia and listed on the ASX, the company focuses on bridging traditional energy needs with the shift toward more sustainable energy sources.

Average Trading Volume: 1,527,688

Technical Sentiment Signal: Sell

Current Market Cap: A$6.59B

For an in-depth examination of WOR stock, go to TipRanks’ Overview page.

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