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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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Hold my hand, you silly girl

By: Terry Mackenzie-hoy     21st July 2017 On the November 26, 2011, I wrote: "After a recent tour, Public Enterprises Minister Malusi Gigaba has said the December 2013 deadline for the Medupi power station, in Lephalale, Limpopo, to start delivering power still stands. 'I have no intention of allowing any delays to the target of December... 

Eskom ‘galloping’ towards financial distress, says Num 

By: African News Agency      20th July 2017 The National Union of Mineworkers (Num) on Thursday said Eskom was heading for financial distress despite the power utility’s assurances this week that it was on firm financial footing. Eskom released its 2016/17 financial results on Wednesday in which it said earnings before interest, taxes,... 

State capture casts long shadow over Eskom’s results  

By: Terence Creamer     19th July 2017 South Africa’s worst kept corporate secret was confirmed on Wednesday, when Eskom reported a sharp fall in after-tax profits to R888-million in 2017, from over R5-billion in the previous financial year. However, the results were overshadowed by serious allegations of corruption and... 

If Koko returns, it won’t be as acting CEO, Brown avers, as she unveils interim board

By: Terence Creamer     23rd June 2017 Public Enterprises Minister Lynne Brown has called on the new interim leadership of embattled power utility Eskom to give priority attention to addressing the management of contracts, conflicts of interest and the quality of coal being supplied to its power stations. Speaking following the Eskom... 

Dladla appointed acting Eskom CEO ahead of closely watched AGM 

By: Terence Creamer     22nd June 2017 The board at State-owned power utility Eskom announced on Thursday that Johnny Dladla had been appointed acting group CEO with immediate effect. The position of CEO and acting CEO has been vacant since late May, when a decision was made to rescind the highly controversial reappointment of Brian... 

No word yet on interim Eskom CEO as Ngubane resigns as chair

By: Creamer Media Reporter      13th June 2017 Public Enterprises Minister Lynne Brown has announced that Dr Ben Ngubane has resigned as nonexecutive director and chairperson of the Eskom board with immediate effect. “Dr Ngubane formally tendered his resignation, which I accepted,” Brown said in a statement released late on Monday night. 

The Gupta Emails

By: News24Wire      29th May 2017 A cache of damning e-mails between members of the Gupta family, some of their trusted lieutenants and President Jacob Zuma's son, Duduzane, has brought forward fresh details on the mechanics of the Guptas' dubious state capture strategies. City Press, News24's sister publication, on Sunday... 

Life imitating art at power utility Eskom

By: Terry Mackenzie-hoy     26th May 2017 There is a most wonderful musical, A Little Night Music, which is based on a film by Ingmar Bergen, Smiles of a Summer Night. Probably the very best known song from A Little Night Music is Send in the Clowns. The last lines of the song are: "And where are the clowns? / Quick, send in the clowns /... 

Brown defends shock Molefe reinstatement, as Koko takes leave amid forensic probe 

By: Terence Creamer     12th May 2017 Public Enterprises Minister Lynne Brown has defended her decision to accept the Eskom board’s much-criticised recommendation that Brian Molefe be reinstated as CEO and see out his five-year contract to 2020 on the basis that it offered “better value” than the alternative of paying him a... 

Eskom board to report this week on probe into acting CEO 

By: African News Agency      11th May 2017 Public Enterprises Minister Lynne Brown on Wednesday said she was expecting the Eskom board to report back to her this week on a forensic investigation into the awarding of contracts worth around R1-billion to the stepdaughter of the utility’s acting chief executive Matshela Koko. “At the moment... 

DA submits Paia application for Zuma energy adviser’s R149m Eskom contract 

By: African News Agency      8th May 2017 The Democratic Alliance is submitting an application in terms of the Promotion of Access to Information Act (Paia) to gain access to tender documents which resulted in President Jacob Zuma’s energy adviser Silas Zimu receiving a R149-million contract from Eskom, the DA said on Sunday. The DA was... 

Recruitment process for new Eskom CEO to be concluded by end-May

By: Megan van Wyngaardt     19th April 2017 Public Enterprises Minister Lynne Brown expects the recruitment process for a new CEO at Eskom to be concluded by the end of May. Matshela Koko has been acting CEO since November 2016, when Brian Molefe resigned as CEO, following the release of a Public Protector report alleging his involvement... 

Unions back Seriti's purchase of Anglo coal mines

By: Martin Creamer     11th April 2017 Two labour unions on Tuesday publicly backed the sale by Anglo American of coal assets to Seriti, the new black-owned start-up with aspirations to be South Africa’s next mining champion. Both the National Union of Mineworkers (NUM) and the Solidarity union put out statements welcoming the... 

Koeberg Unit 2 sets new record  

By: Anine Kilian     11th April 2017 Unit 2 of Koeberg power station on Monday achieved 485 days of continuous operation since its last outage.   “This is a new record and it further proves how reliable Africa’s only nuclear power station is,” State-owned Eskom interim CEO Matshela Koko said.   He added that Eskom takes pride in the... 

R2.3bn Anglo coal sale to Seriti may hit Eskom ownership snag 

By: Martin Creamer     10th April 2017 A new aspirant South African mining champion on Monday announced its intention to purchase Anglo American’s Eskom-tied domestic thermal coal operations in South Africa, which would position the majority black-owned start-up as the potential second-largest provider of coal to the State electricity... 

Medupi power station project, South Africa

By: Sheila Barradas     7th April 2017 Eskom announced on April 3 that Unit 5 had reached commercial operation. 

Eskom’s Medupi Unit 5 reaches commercial operation

By: Natasha Odendaal     3rd April 2017 State-owned power utility Eskom announced on Monday that Unit 5 at the Medupi coal-fired power station project, in Limpopo, has reached commercial operation. “Commercial operation status ensures technical compliance to statutory, safety and legal requirements. This signatory milestone marks the... 

Eskom board probes allegations of impropriety against acting chief executive

By: African News Agency      30th March 2017 Eskom's board on Thursday said it had initiated a probe into allegations that acting CE Matshela Koko’s stepdaughter’s shareholding in Impulse International – a company which won nine tenders from the power utility worth a billion rand. In a statement Eskom said its “board resolved, in its... 

Eskom to fast-track socioeconomic assessments for five coal stations facing closure 

By: Terence Creamer     30th March 2017 Public Enterprises Minister Lynne Brown has called on Eskom to urgently complete socioeconomic impact assessments for its coal-fired power stations in Mpumalanga, five of which having been earmarked for decommissioning over the coming five years, owing to flat demand and the introduction of new... 

NUM goes to war over proposed Eskom power station closures

By: Natasha Odendaal     29th March 2017 The National Union of Mineworkers (NUM) on Wednesday said it was planning mass protest action over State-owned power utility Eskom’s decision to mothball five power stations to make room for independent power producers (IPPs). In an effort to “save” Eskom from bankruptcy and privatisation, as... 

Eskom cancels supplier contract owing to inferior coal 

By: Creamer Media Reporter      29th March 2017 State-owned power utility Eskom has terminated a contract with a major coal supplier to its Tutuka power station after discovering the coal supplied was not extracted from the contracted collieries. The parastatal, following strict monitoring of the coal quality to the station, revoked the... 

DA to ask public protector to investigate Eskom acting CEO’s R1bn deals to stepdaughter 

By: African News Agency      27th March 2017 The Democratic Alliance will ask Public Protector Busisiwe Mkhwebane to launch an investigation into Eskom acting CEO Matshela Koko for allegedly awarding tenders worth R1-billion to Impulse International, a company of which his stepdaughter is a director, the party said on Sunday. “Impulse... 

Eskom, NamPower sign five-year supply deal

By: Megan van Wyngaardt     23rd March 2017 Eskom on Thursday signed a five-year firm electricity sales agreement with Namibia’s national electricity utility NamPower, providing energy security to the neighbouring country and facilitating economic development and growth. Eskom interim CEO Matshela Koko noted at the signing, held alongside... 

Eskom announces executive committee changes

By: Megan van Wyngaardt     22nd March 2017 Power provider Eskom has seconded group capital executive Abram Masango to the office of the group CE, to further strengthen the implementation of Eskom’s corporate plan. Eskom interim CEO Matshela Koko said the move was part of the company’s design-to-cost five-year strategic corporate plan,... 

EIUG supports Eskom plan for new pricing deals with power-intensive firms 

By: Terence Creamer     22nd March 2017 The Energy Intensive User Group of Southern Africa (EIUG) believes there is policy, legislative and regulatory space to introduce new electricity pricing arrangements to help restart of idle mining and process-industry activities, as well as encourage new investments to absorb Eskom’s surplus,... 

S&P affirms Eskom rating on ‘extremely high’ likelihood of govt support as liquidity weakens 

By: Terence Creamer     22nd March 2017 S&P Global Ratings has sustained a negative outlook on Eskom after affirming its 'BB-' sub-investment-grade rating this week, pointing to the State-owned electricity utility’s weakening liquidity position as a result of a “lower-than-expected” tariff increase for 2017/18. On February 23, the... 

AFD, Eskom sign R6bn financing deal 

By: Megan van Wyngaardt     17th March 2017 To further support its investment in the extension and reinforcement of its power transmission grid, State-owned Eskom has signed a R6-billion multi-tranche framework agreement with the French Agency for Development (AFD). “This multi-tranche loan facility will contribute towards Eskom plans to... 

NUM up in arms over proposed closure of five Eskom power stations 

By: Megan van Wyngaardt     16th March 2017 The National Union of Mineworkers (NUM) on Thursday delivered memorandums at the Arnot, Komati and Duvha power stations, setting out their grievances over State-owned power provider Eskom’s decommissioning plan, which will see it close five power stations over five years, threatening 6 000 direct... 

Eskom initiates talks on triggering government support to cover IPP costs 

By: Terence Creamer     15th March 2017 Eskom has written to the signatories of the Government Support Framework Agreement (GSFA) – which guarantees support for the State-owned utility in meeting its obligation to buy electricity from renewable-energy independent power producers (IPPs) – to discuss a possible triggering of government... 

Eskom seeks damages from Democratic Alliance

By: Anine Kilian     8th March 2017 State-owned Eskom has lodged papers in the High Court against the Democratic Alliance (DA) for wrongful and defamatory actions by the party against the company and its interim CEO Matshela Koko, the entity said on Wednesday. The DA published an article on its website in late January titled, “DA... 

Ingula pumped-storage scheme project, South Africa

By: Sheila Barradas     24th February 2017 All four units at Ingula are now commercial and produce a combined 1 332 MW. 

High-powered speakers lined up for Nuclear Africa

By: Kelvin Kemm     17th February 2017 South Africa’s nuclear programme has attracted a great deal of public interest. This has ranged from serious scientific and engineering interest to the emotional attacks of the extreme antinuclear lobby. The antinuclear crowd does not comprise South Africa only; there are Germans, Americans and... 

Anglo’s New Largo project considered in coal mine sale package

By: Bloomberg     17th February 2017 Anglo American may sell its New Largo project in a package with three other coal mines that supply South Africa’s power utility, as the company moves forward with plans to scale down operations. State-owned Eskom is discussing with Anglo the sale of the New Vaal, Kriel and New Denmark mines that... 

AMSA keen to tap power tariff deal as Eskom mulls ‘incentive pricing’  

By: Terence Creamer     10th February 2017 Steel producer ArcelorMittal South Africa (AMSA) is optimistic that Eskom, with the support of the energy regulatory, could extend pricing incentives to it and other energy-intensive businesses in light of its surplus position and government’s appeal for interventions to reignite growth in the... 

The big questions when Ministers meet on renewables standoff

By: Terence Creamer     6th February 2017 When the Ministers responsible for seeking resolution to the current impasse in South Africa’s renewable-energy sector meet this month, they will be expected to weigh the serious legal and policy implications of backtracking from a Ministerial determination – as well as from one of the country’s... 

Eskom terminates contracts of six coal transportation companies

By: Creamer Media Reporter      6th February 2017 State-owned power utility Eskom has terminated six coal transportation agreements under its Free Carrier Arrangement (FCA) following a secondary independent investigation into the unlawful introduction of additional trucks by some FCA transporters. Eskom, which had 58 FCA transporters contracted... 

AfriForum lays complaint of culpable homicide against Eskom acting CEO

By: Anine Kilian     3rd February 2017 Civil rights organisation AfriForum has laid a culpable homicide complaint against acting State-owned Eskom CEO Matshela Koko, after a woman was electrocuted while walking on her way home through open veld close to the informal settlement Blikkiesdorp, near Grabouw, in the Western Cape, last... 

Thumbs up for Eskom’s plan to cut off errant municipalities

By: Kelvin Kemm     3rd February 2017 The price of electricity is a most fundamental factor in the development of an economy. Electricity can be compared to the blood flowing around a person’s body. If you run low on blood supply, you can pass out. A substantial cut in a blood vessel can lead to significant bleeding, and, if it is... 

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