Under the merger, WorleyParsons acquired a 50% shareholding in Pangaea.
The company said that it would retain its broad-based black economic-empowerment rating and balanced scorecard level.
PangaeaWorleyParsons would be managed locally by Johann Weidemann - the CEO of Pangaea.
The newly formed company said that the merger strengthened Pangaea's position in the South African market and gave its customers access to WorleyParsons multisector capabilities and extensive resource base.
It also created a strategic base for the combined company to expand into the sub-Saharan African market.