MARKETS

Improved oil and gas market deliver WorleyParsons profit rise of 86%

THE market’s return on investment saw industry splash capital in exploration, development and production thanks to high oil and gas prices, giving WorleyParsons a rise in contract awards onshore and offshore.

Paul Hunt
 WorleyParsons' chairman John Grill and CEO Andrew Wood

WorleyParsons' chairman John Grill and CEO Andrew Wood

  WorleyParsons net profit after tax rose 39% to A$171.4 million compared with the previous year, corresponding to a statutory NPAT of $62.2 million for FY2018, an 86% improvement.    The company...

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