WorleyParsons awarded PMC for Borouge complex; receives antitrust nod for Jacobs buy

UAE-based Borouge, a joint venture between Abu Dhabi National Oil Company (ADNOC) and Borealis, has awarded Australian engineering contractor WorleyParsons the project management contract (PMC) for its Ruwais petrochemicals complex.

Read: Worley awarded contract for integrated petchem complex in Egypt

WorleyParsons will provide PMC services to the fourth phase of the petrochemicals complex. The complex will include the world’s largest mixed feed cracker with an estimated 1.8 million tonnes/year of ethylene output and a production capacity of 3.3 million tonnes/year of olefins and aromatics using a variety of feedstocks such as ethane, butane and naphtha from ADNOC’s refining and gas processing facilities.

WorleyParsons provided services to the pre‐Feed phase following a number of earlier PMC contracts for the ADNOC group.

“WorleyParsons is delighted to continue working with Borouge through this significant contract and to support United Arab Emirates’ strategic vision,” commented Andrew Wood, CEO, WorleyParsons.

Meanwhile, in other news, WorleyParsons says it is going to complete the acquisition of Jacobs Engineering Group’s Energy, Chemicals and Resources (ECR) division by the end of April 2019. In a recent update, the company has confirmed that it has received all regulatory clearance and approvals which are required for completion, therefore it is anticipating the completion of acquisition in April, which was announced last year in October.

The company confirmed that it has now received all clearance from The Committee on Foreign Investment in the United States (CFIUS) for foreign investment in the US. WorleyParsons has also received US HSR antitrust clearance and regulatory approval from the European Commission, the Competition Bureau in Canada and the Competition Commission in South Africa.