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Worley (ASX:WOR) wins contracts with Siemens Gamesa Renewable Energy and Alcoa

ASX 200
ASX:WOR      MCAP $7.796B
15 June 2020 17:30 (AEST)
Worley (ASX:WOR) - CEO, Chris Ashton

Source: CNBC

Worley (WOR) has been awarded two contracts by Siemens Gamesa Renewable Energy (SGRE) and Alcoa of Australia.

Siemens Gamesa

Under this contract, Worley’s Great Yarmouth team will be responsible for statutory inspections and general maintenance of wind‐turbine‐generator cranes and lifts on the London Array offshore wind farm. The wind farm consists of 175 turbines installed over 20 kilometres, off the Kent coast in the United Kingdom.

The London Array offshore wind farm produces enough energy to power approximately 470,000 homes and generates approximately 500,000 tonnes of carbon dioxide a year.

“This supports our ongoing commitment to the energy transition and continues our strategy of delivering enhanced operations and maintenance services to the global offshore wind market,” CEO Chris Ashton said.

Alcoa

Worley has been awarded a three-year services contract by Alcoa for its integrated mining, refining and smelting operations.

The ASX 200-lister will provide engineering and project delivery services for Alcoa’s site‐based sustaining capital program of works.

The contract is a testament to Worley’s engineering services which will be applied to Alcoa’s Wagerup, Pinjarra and Kwinana alumina refineries, Bunbury port terminal and the Willowdale and Huntly bauxite mining operations in Western Australia.

Worley will also support Alcoa’s Portland Aluminium Smelter in Victoria, Australia.

“As Australia’s leading energy services company, we are pleased to continue supporting Alcoa’s Australian operations. This portfolio is one of the largest in our mining, minerals and metals business and includes our specialist alumina, bauxite and aluminium teams,” Chris stated.

Worley is down 4.55 per cent and shares are trading for $8.61 each at 3:59 pm AEST.

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