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company_name = WorleyParsons Limited| |
company_name = WorleyParsons Limited| |
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company_logo = [[File:WorleyParsonsLogo.gif]] | |
company_logo = [[:File:WorleyParsonsLogo.gif]]<!--Non free file removed by DASHBot--> | |
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company_type = [[Public company|Public]]<br/> {{asx|WOR}} | |
company_type = [[Public company|Public]]<br/> {{asx|WOR}} | |
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company_slogan = "Resources & Energy"| |
company_slogan = "Resources & Energy"| |
Revision as of 05:06, 10 December 2010
File:WorleyParsonsLogo.gif | |
Company type | Public ASX: WOR |
---|---|
Industry | Engineering |
Founded | 1971 as Wholohan Grill and Partners[1] |
Headquarters | North Sydney, NSW, Australia |
Key people | Ron McNeilly (Chairman and Non Exec. Director) John Grill (Founder, CEO)[1] David Housego (CFO)[2] |
Products | Services |
Revenue | A$4,967.1 million (Aug 2010)[3] |
A$291.1 million (Aug 2010)[3] | |
Number of employees | 30,000+ (Aug 2010)[3] |
Website | www.worleyparsons.com |
WorleyParsons Limited is a large Australian provider of professional services to the energy, resource, and complex process industries.
The company has a market capitalisation greater than AU$4 billion, and makes up 0.29% of the S&P/ASX 200 index.[citation needed]
In January 2007, WorleyParsons acquired 100% of SEA Engineering,[4] and on February 7, 2007, WorleyParsons acquired the privately-held Colt Companies [5] based in Calgary, Alberta for A$1.13 billion (US$880 million) to gain increased access to Canada's oil sands industry. Randy Karren leads WorleyParsons Canada as its Managing Director, reporting to WorleyParsons CEO John Grill. Bill Hall is second in command of WorleyParsons, his title is Director of Mega Projects and he also reports to Grill directly.[6]
In 2007, WorleyParsons' Canadian division was named one of Canada's Top 100 Employers, as published in Maclean's magazine.[7]
Later in 2007, WorleyParsons acquired North Sydney-based Patterson Britton and Partners (PBP) [8] and Brisbane-based John Wilson and Partners (JWP).[9] The two companies work in the water and environmental services market in Australia, particularly in the coastal and marine, water resources and wastewater, environmental, civil and structural and power markets.
WorleyParsons Group of Companies
- Evans & Peck - International infrastructure-based advisory company that has supported governments and private organisations in the conception, development and delivery of major projects and programs.
- INTECSEA - A global company within The WorleyParsons Group offering capabilities for floating systems, offshore pipelines and subsea production systems.
- CNEC WorleyParsons - CNEC WorleyParsons Engineering SA accumulated extensive experience in providing consulting services in project management and complete engineering solutions, ranging from feasibility studies to the early operation of the enterprise.
- WorleyParsons Unifield - WorleyParsons’ capability in the nuclear consulting and analysis segment of the international nuclear industry was complemented with the acquisition of UniField Engineering with the aim to expand the power business in the USA.
- Nana WorleyParsons - NANA WorleyParsons provides multi-discipline engineering and design, project management, project controls, procurement and construction management to the hydrocarbons, power and mining industries.
- MaisonWorleyParsons - The largest international engineering, procurement, and construction management contracting organization in China.
- CadSkills - Since 1996, CadSkills has been an established company in Singapore that specializes in the provision of CAD and technical resource solutions across all disciplines of the infrastructure, hydrocarbons and power industries.
Joint Ventures
- ARA WorleyParsons - A multidisciplinary firm that has all the specialties for the design and implementation of projects of various kinds, including management, construction management, procurement, programming and control of projects.
Alliances
- Transfield Worley - Transfield Services and WorleyParsons have worked together for over 25 years. The strength of Transfield Worley is the project management engineering skills of WorleyParsons, complemented by the implementation, shutdown and maintenance experience of Transfield Services.
WorleyParsons History
- 1893 - Chas. T Main Formed
- 1906 - W.S. Barstow and Company established
- 1919 - De Leuw, Cather and Company established
- 1923 - John Wilson and Partners formed
- 1924 - John Thomson Engineering formed
- 1933 - W.S. Barstow and Company becomes E.M. Gilbert Engineering Corp
- 1938 - E.M. Gilbert changes name to Atlantic Utility Corp
- 1942 - Atlantic Utility Corp. spins off from the utility holding company and incorporates as Gilbert Associates
- 1944 - Ralph M. Parsons starts the Ralph M. Parsons Company RMPCo what is now the Parsons Corporation in Los Angeles
- 1946 - Engineering Science Inc. formed
- 1947 - Fraser Consultants established
- 1951 - Southern Industrial Piping (SIP) formed
- 1951 - Pipeline Technologists formed
- 1958 - Port and Harbour Consultants formed
- 1961 - Worley established in the USA
- 1961 - Ralph M. Parsons acquires Anaconda-Jurden Associates
- 1963 - Ralph M. Parsons forms UK office
- 1965 - Macdonald Engineering formed
- 1969 - RMPCo goes public
- 1970 - Development Resources Pte Ltd (DPRL) Singapore formed
- 1973 - Colt Engineering formed
- 1973 - SEA engineering formed
- 1973 - HG Engineering formed
- 1973 - Gilbert Associates acquires Commonwealth Associates to form Gilbert/Commonwealth
- 1974 - Wholohan Grill and Partners,(WGP) an Australian structural engineering consultancy, was formed in Sydney, with John Grill as the CEO. The offices were initially based in Sydney.
- 1975 - Astron formed
- 1977 - 20 September - Komex Consultants founded by Frederic B. Claridge
- 1977 - RMPCo acquire SIP
- 1978 - Piteau Engineering founded
- 1979 - De Leuw, Cather & Company acquired by Parsons
- 1980 - TYP formed
- 1981 - Parsons acquire Engineering Science Inc
- 1981 - Nanuk Engineering founded
- 1982 - Toussaint and Richardson formed
- 1983 - Wholohan Grill and Partners opens Sale office in Victoria, Australia
- 1984 - Wholohan Grill and Partners opens Perth Office, Western Australia
- 1984 - Intec Engineering formed
- 1984 - Watkins Godwin formed
- 1984 - Integrated Environmental founded
- 1985 - Parsons acquire Chas. T Main
- 1986 - LMA Projects Pty Ltd formed
- 1987 - Wholohan Grill and Partners purchased Worley Engineering (Australia) Pty Ltd
- 1987 - Wholohan Grill and Partners opens Miri office
- 1987 - Unifield Engineering formed
- 1987 - Patterson Britton and Partners formed
- 1988 - Westmar formed
- 1988 - TMG International formed
- 1988 - December, Worley opens in Brunei through a joint venture Damit Worley Engineering
- 1989 - Wholohan Grill and Partners open offices in Brunei and Malaysia
- 1989 - Jones and Jones formed in Geelong, Victoria, Australia
- 1990 - WGP acquire Pipe Line Technologists
- 1990 - WGP acquire Fraser Consultants
- 199? - Wholohan Grill and Partners change their name to Worley
- 1991 - Colt and Syncrude Canada Ltd form CoSyn Technology
- 1992 - Wholohan Grill and Partners open offices in Thailand and Singapore
- 1992 - Polestar Applied Technology formed
- 1992 - Komex International formed by the merging of Komex Consultants, Piteau Engineering, Integrated Environmental and Nanuk Engineering
- 1992 - NANAtest formed
- 1993 - Wholohan Grill and Partners open office in New Zealand
- 1994 - Burns and Roe Worley JV created for power projects
- 1995 - March 15 - Gas Cleaning Technologies Inc (GCT) formed in Irving, Texas
- 1995 - Transfield Worley JV created for Woodside projects
- 1995 - Worley opens offices in Brisbane, Houston and Bangkok
- 1995 - Gilbert/Commonwealth acquired by Parsons Corporation
- 1996 - Worley ABB JV created for ESSO onshore/offshore projects
- 1996 - NANATest became NANA Technical Services
- 1997 - 1 November, NANA/Colt Engineering, LLC formed
- 1997 - Parsons Energy and Chemicals Group (Parsons E&C) formed combining Parsons Process and Power Groups
- 1998 - TIGA JV created for Bayu Undan project
- 1998 - Williams-Worley Rail Division setup within Worley
- 1999 - Maison formed
- 2000 - Worley acquire Toussaint and Richardson
- 2000 - Worley opens offices in Suadi Arabia and Abu Dhabi
- 2001 - Worley opens office in Qatar
- 2001 - Worley acquires TYP
- 2001 - Worley acquires John Thomson Engineering
- 2002 - Parsons Corporation separated Parsons E&C from the other business units by transferring its ownership from Parsons Corporation directly to the Parsons Employee Stock Ownership Program (ESOP), thereby establishing Parsons E&C as an independent entity and a sister company to, rather than subsidiary of, Parsons Corporation.
- 2002 - November - Worley listed on the Australian Stock Exchange (ASX)
- 2003 - Worley acquires Macdonald EG - Canada
- 2003 - Worley opens office in Trinidad
- 2003 - 1 August - Worley acquires 51% of Jones and Jones
- 2003 - HG Engineering acquires GCT
- 2004 - Worley acquires 50% of Maison EC - China
- 2004 - Worley acquires Astron
- 2004 - Worley acquires Parsons E&C Corporation.
- 2004 - November - at the scheduled Annual General Meeting (AGM), Worley shareholders voted and passed a special resolution to change the name of the company to “WorleyParsons Limited”.
- 2005 - WorleyParsons acquires DRPL, Singapore
- 2005 - WorleyParsons acquires remaining 49% of Jones and Jones
- 2005 - 1 October - WorleyParsons purchase HG Engineering
- 2005 - November - WorleyParsons purchases Komex Environmental forming WorleyParsons Komex
- 2005 - 22 November - Gas Cleaning Technologies acquired by WorleyParsons
- 2006 - WorleyParsons acquires Watkins Godwin
- 2006 - WorleyParsons acquires TMG International
- 2007 - January - WorleyParsons acquired 100% of Sea Engineering
- 2007 - February - WorleyParsons announced an agreement to acquire the privately-owned Colt Companies
- 2007 - WorleyParsons acquires Unifield Engineering
- 2007 - WorleyParsons acquires Polestar Applied Technology
- 2007 - WorleyParsons acquires John Wilson and Partners
- 2007 - 1 July - WorleyParsons acquires Patterson Britton and Partners
- 2008 - January - WorleyParsons acquires 50% of Pangaea South Africa to form Pangaea WorleyParsons (Ltd)
- 2008 - June - WorleyParsons PetroVietnam Engineering JSC is formed with an office in Ho Chi Minh City
- 2008 - May - WorleyParsons acquires Intec Engineering and creates WorleyParsons IntecSea http://www.intecengineering.com/
- 2008 - November - WorleyParsons acquires Planning Workshop Australia http://www.planningworkshop.com.au/
- 2008 - WorleyParsons acquires Westmar
- 2008 - WorleyParsons Komex becomes WorleyParsons Infrastructure and Environment
- 2009 - January - Evans & Peck acquire LMA Projects Pty Ltd
- 2009 – Acquires UK assets of Day and Zimmerman
- 2009 – Acquires Brazilian based CNEC Engenharia , the engineering and project services division of Comargo Correa
- 2010 - Acquires business advisory leaders Evans & Peck in Australia
References
- ^ a b WorleyParsons - Our History Retrieved 2010-08-27
- ^ WorleyParsons - The Board Retrieved 2010-08-27
- ^ a b c WorleyParsons Annual Report 2010 Retrieved 2010-09-16
- ^ "WorleyParsons buys SEA Engineering".
- ^ Colt Engineering Home Page
- ^ Angela Macdonald-Smith (2007-02-08). "WorleyParsons to Buy Colt for A$1.13 Billion (Update3)". Bloomberg L.P. Retrieved 2007-02-10.
- ^ "Reasons for Selection, 2007 Canada's Top 100 Employers".
- ^ "Patterson Britton and Partners".
- ^ "WorleyParsons Acquires Australian Infrastructure Firms".