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Press Office - WorleyParsons

WorleyParsons

WorleyParsons delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the power, hydrocarbons, mineral, metals and chemicals sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders.

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African conference strives to boost bioenergy industries

     18th August 2017 Global conference organiser Centre for Management Technology (CMT) notes that its Biomass Trade & Bioenergy Africa conference will be held at the Radisson Blu Hotel in Sandton on September 28 and 29. CMT hopes that the conference will further development of the African biomass and bioenergy... 

Biofuels company launches franchise solution

     18th August 2017 Cape Town-based biofuel company Biogreen Diesel will start franchising its ‘Biodiesel & Research model’, to aid in the expansion of the industry and simultaneously increase awareness of biofuels in the region. The company, having made the announcement in June on its website, says it felt it had... 

Construction contract awarded for Kenya’s techno city

By: John Muchira     18th August 2017 Kenya has has awarded the construction contract for East Africa’s first smart city. The $390-million engineering, procurement, construction and financing contract – entailing the construction of roads, water and sewerage infrastructure within the 400 acre first phase of  Konza Techno City, about... 

Africa can benefit from global volatility

By: Kim Cloete     17th August 2017 Despite major global challenges, including global trade, Africa has the opportunity to step up to global change and benefit from the volatility that is shaking up the world, says Thomson Reuters Africa MD Sneha Shah. “Africa has the richest resource pool in the world, but we always lose, because... 

Paragon is one of the largest design practices in Africa

     16th August 2017 Leading architectural, interior design, and space planning practice Paragon is one of the largest in Africa. Over the past seven years, it has undertaken projects in 18 countries on the continent, and in Brazil. Projects have been completed in eleven countries in Africa, encompassing both... 

Kenya strengthens competition regulation but leaves grey areas

     11th August 2017 Kenya is making good progress with its latest efforts to strengthen competition regulation but there are still question marks over some key areas. These include the rules that will govern the work of the newly established Competition Tribunal and, more controversially, a High Court ruling in... 

South Africa sets up entity to house all radio astronomy facilities

By: Keith Campbell     11th August 2017 South Africa has consolidated its radio astronomy facilities into a single institution, the South African Radio Astronomy Observatory (SARAO). This happened at the end of last month when Science and Technology Minister Naledi Pandor announced that the Hartebeesthoek Radio Astronomy Observatory... 

Omnia acquires Umongo to strengthen its chemical business

     10th August 2017 Chemical services business Omnia Group’s acquisition of a 90% stake in Umongo Petroleum, effective from 1st March this year, will create new opportunities for Omnia’s chemical business by broadening its current offering and strengthening its sub-Saharan Africa strategy. 

Volvo Car SA ready for hybrid, electric vehicle rollout post-2019, says MD

By: Irma Venter     10th August 2017 Volvo Car South Africa (VCSA) MD Greg Maruszewski is confident the local arm of the Swedish group will be able to thrive under its parent company’s new powertrain policy. Volvo announced last month that all new cars launched globally from 2019 onwards will be partially or completely... 

Uganda, Tanzania start work on construction of $3.5bn oil pipeline

By: Reuters     7th August 2017 The leaders of Tanzania and Uganda laid a foundation stone on Saturday for the construction of a $3.55-billion-crude export pipeline that would pump Ugandan oil for international markets. The 1,445 km-project - set for completion by 2020 - will stretch from landlocked Uganda's western region,... 

HMA South Africa announces exclusive Fireye distributorship

     4th August 2017 The Fireye range of flame monitoring and combustion control equipment for industries as diverse as petrochemical and power generation is now available from HMA South Africa, the newly-appointed exclusive distributor for the region. Already well-established in the South African market for about 33... 

Local assembly of new Hino 500 to start in Durban in November

By: Irma Venter     1st August 2017 Assembly of the new Hino 500 Series truck will start at Toyota South Africa Motors’ Durban plant in November. The first prototypes have already been built, says Hino South Africa senior manager Leslie Long. 

African countries embrace alternative energy sources

     28th July 2017 With African governments realising that long-term power solutions will not come in the form of one technology, South Africa’s Department of Energy is advocating advances in coal, renewable energy, gas and nuclear technologies, says global engineering, procurement, construction and consulting... 

Automotive future positive through telematics 

By: Victor Moolman     28th July 2017 The future for automotive fleet management through telematics is positive, says JSE-listed fleet management, insurance telematics and stolen vehicle recovery service provider Cartrack. 

Goldplat’s profit to exceed market expectations

By: Samantha Herbst     27th July 2017 Having closed off a successful fourth quarter ended June 30, Aim-listed Goldplat expects its consolidated profit before tax to exceed market expectations for the financial year, the results of which will be announced in September. The Africa-focused gold producer, which has gold recovery... 

Drought-hit Nairobi looks to filthy dam to keep business flowing

By: Reuters     25th July 2017 As residents of Nairobi's largest slum look for new sources of water amid lingering drought, they have seized on an unlikely one: An old 88-acre water reservoir full of sewage and trash, draped in water hyacinth. The Nairobi dam has been the capital's spare water reservoir in times of drought... 

Political uncertainty leads to drop in M&A deals in Africa in Q2

By: Natasha Odendaal     25th July 2017 Inbound merger and acquisition (M&A) deals in Africa plunged 48% from 33 in the second quarter of 2016, and 45% from 31 in the first quarter of this year, to just 17 in the second quarter of this year. The total deal value for inbound deals decreased to $780-million – an 83% year-on-year and an... 

The mountains are high and the emperor is far away

     24th July 2017 In a time before emails, global social media and instant communication, local officials in the vast Chinese empire, could easily disregard the policies and wishes of the capital on the basis that “the mountains are high and the emperor is far away”. One could scarcely think that such an insular... 

Lessons learned underpin multicontinent sugar strategy

By: Robyn Wilkinson     21st July 2017 Specialised polymer manufacturer Vesconite Bearings believes that the experience it has gained from KwaZulu-Natal sugar mills will prove instrumental in ensuring the success of its multi-continent sugar strategy and grow the company’s revenue from new markets. 

Vodacom Q1 revenue rises on South African operation’s strong performance

By: Creamer Media Reporter      20th July 2017 Strong revenue growth in its South African operation boosted telecommunications group Vodacom’s group revenue for the quarter ended June 30, by 3.9% year-on-year to R20.7-billion. In South Africa, revenue grew by 7.8% year-on-year to R16.65-billion, underpinned by a 17% increase in equipment... 

Russian nuclear giant in MoU with Africa’s young nuclear professionals

     19th July 2017 Russian energy group Rosatom today signed a Memorandum of Understanding on support and cooperation with the African Young Generation in Nuclear organisation, at the POWER-GEN & DistribuTECH Africa conference and exhibition in Sandton. Rosatom, participating in a one-day Nuclear Forum at POWER-GEN... 

MSA Africa, Africa Fire Mission donate essential firefighting equipment

     19th July 2017 MSA Africa has teamed up with Non-Profit Organisation (NPO) Africa Fire Mission and High Pressure Systems (HPS) to donate essential firefighting equipment to Machakos County in Kenya. The latest donation of an advanced, energy-efficient Bauer compressor to fill Self-Contained Breathing... 

SAP Skills for Africa launches first East African chapter with participation from Kenya, Rwanda, Uganda, Ethiopia

     19th July 2017 First true East African class as group includes graduates from Uganda and Ethiopia. All 55 graduates will be placed at partner and customer organisations who have already committed to graduate intake. SAP Skills for Africa today launched its first-ever East African programme at an event held in... 

Mbalula, Maswanganyi to step into Uber feud 

By: News24Wire      19th July 2017 Police Minister Fikile Mbalula is to intervene in the apparent conflict between Uber drivers and meter taxi drivers. This after violence escalated recently, resulting in the death of an Uber driver due to injuries he sustained during an attack near Loftus Versveld Stadium in Pretoria on June 10. 

Base reduces debt

By: Esmarie Swanepoel     18th July 2017 Mineral sands miner Base Resources has repaid in full the $20-million unsecured debt facility provided by shareholder Taurus Funds Management. The company said on Tuesday that the repayment of the Taurus facility continued the rapid debt reduction achieved on the back of strong operational... 

Australian products showcased at event

By: Robyn Wilkinson     14th July 2017 Following the establishment of Australia-based industrial solutions provider HMA Group’s South African subsidiary, the company is looking forward to showcasing its diverse offering at this year’s POWER-GEN & DistribuTECH Africa. 

Nigerian Society of Engineers on how private sector can be incentivised to build infrastructure

By: Irma Venter     14th July 2017 The public sector in Africa should understand and nurture the idea that increased private sector investment in infrastructure is the best way to achieve “intense job creation”, and to incentivise funding and skills transfer, says Nigerian Society of Engineers infrastructure and public-private... 

Local GBCSA member appointed chair of regional network

By: Anine Kilian     13th July 2017 Green Building Council South Africa (GBCSA) sector managing executive Thulani Kuzwayo has been appointed regional chair of the Africa Regional Network – a group of green building councils working to advance green building within the region. The World Green Building Council’s (WorldGBC’s) Africa... 

Base hits revenue record in June quarter

By: Esmarie Swanepoel     13th July 2017 Mineral sands producer Base Resources has reported record quarterly revenue for the three months to June, as ilmenite and zircon prices continued to improve. The unit revenue per tonne of product sold during the quarter increased to $297/t, compared with the $258/t reported in the previous quarter. 

Gas ‘would power SA growth’

     12th July 2017 A gas economy could significantly drive South African economic growth, and the discovery of substantial natural gas reserves in the Karoo would be akin to finding gold and sparking a new gold rush, speakers said at the opening of the 4th annual Africa LPG Summit and Natural Gas & CNG Africa Forum... 

Sub-Saharan Africa needs a ‘gas economy’

     10th July 2017 Natural gas should not be overlooked as a key solution to several sub-Saharan African energy challenges In the rush to adopt renewable energy, Africa may be overlooking the cost savings, efficiencies and lifestyle enhancing properties of gas, say experts participating in the upcoming Africa LPG... 

AfDB approves $15m equity investment to support inclusive growth

By: Mia Breytenbach     7th July 2017 The African Development Bank (AfDB) has approved a $15-million investment in multinational private equity fund Shore Capital Fund III (ShoreCap III), which promotes financial inclusion by supporting financial institutions serving Africa’s low-income and emerging middle-class communities. The... 

Britain to keep preferential access for poor countries, post-Brexit

By: Keith Campbell     7th July 2017 The British Government has publicly committed itself to maintaining duty-free access to British markets for the world’s least-developed countries (LDCs, as defined by the United Nations) following the UK’s departure from the European Union (EU). London further expressed a desire to increase trade... 

Kenya set to build three industrial megaparks

By: John Muchira     7th July 2017 Kenya has embarked on the construction of three industrial megaparks in an effort to attract investors and spur growth in the struggling manufacturing sector. The East African nation, which has lost its manufacturing competitive edge to Ethiopia, plans to build the megaparks as part of the Kenya... 

Coca-Cola Beverages Africa buys Equator Bottlers in Kenya

By: African News Agency      6th July 2017 South Africa-headquartered Coca-Cola Beverages Africa (CCBA) announced on Thursday that it has concluded negotiations to acquire Equator Bottlers, the third largest Coca-Cola bottler in Kenya, for an undisclosed amount of money. This comes after the acquisition was approved by the Competition... 

Economic chaos fuels gold mining rush in war-torn South Sudan

By: Bloomberg     5th July 2017 After South Sudan’s peace deal collapsed, gun battles rocked the capital and soldiers ransacked his clothing store, Ahmed al-Nur faced the economic crisis in a trade that’s had an unexpected boost from the new wave of violence: gold. With inflation soaring and the currency collapsing, the... 

Ghana, South Africa celebrate first success of African network of telescopes

By: Anine Kilian     4th July 2017 The Ministries of Ghana and South Africa have announced the combination of 'first light' science observations, confirming the successful conversion of a Ghana communications antenna from a redundant telecommunications instrument into a functioning Very Long Baseline Interferometry (VLBI) radio... 

South Africa, Canada partnership awards C$1m to new research initiatives

By: Anine Kilian     4th July 2017 The South Africa–Canada Research Chairs Trilateral Partnership Initiative announced on Tuesday that it would award C$1-million to two new trilateral research chairs, including a South Africa-Canada-Kenya collaboration and a South Africa-Canada-Uganda collaboration. In addition, the South... 

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