WorleyParsons acquired a unit of Jacobs Engineering Group for A$4.6bn.

WorleyParsons, an Australian engineering company, acquired the Energy, Chemicals and Resources business of Jacobs Engineering Group, an international technical professional services firm, for A$4.6bn. In combining the two complementary organizations WorleyParsons will create a pre-eminent global provider of project and asset services in resources and energy and provide global sector leadership across hydrocarbons, chemicals and minerals & metals. WorleyParsons CEO Andrew Wood said: “We are excited to combine Jacobs ECR’s world-class capabilities with our global platform to create a leader across our key focus sectors. The transaction will bring complementary capabilities in key business lines, including a best-in-class onshore and downstream MMO capability allowing customers to benefit from an expanded integrated solutions offering, while our employees will have increased opportunity for development as part of the leading global project delivery provider in our sectors.”