Worley Wins Long-Term Engineering Services Framework with Tengizchevroil in Kazakhstan

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

Worley has secured a services framework agreement with Tengizchevroil LLP to provide engineering and project support services across Tengizchevroil’s operational assets in Kazakhstan. The mandate, which began in February 2026, covers engineering across all project phases, construction and project support, and specialized digital and systems services.

The long-term framework strengthens Worley’s presence in Kazakhstan and underscores its strategy of combining in-country execution with global delivery capabilities. By supporting Tengizchevroil’s operational reliability and long-term value objectives, the agreement reinforces Worley’s positioning as a key partner to major energy producers and may enhance its role in sustaining legacy energy infrastructure while the industry navigates the transition to cleaner energy sources.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$12.50 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 engineering projects and create value across the lifecycle of their assets, balancing the shift toward more sustainable energy sources with ongoing demand for traditional energy and resource solutions.

Average Trading Volume: 1,963,606

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$5.73B

For detailed information about WOR stock, go to TipRanks’ Stock Analysis page.