The Australian consulting firm punts environmentally friendly mining
Siseko Njobeni
Australian-listed WorleyParsons bought US-based Jacobs’s energy, chemicals and resources business for $3.2bn. The merged entity, Worley, provides professional project and asset services in energy, chemicals and resources and employs 57,600 people across 51 countries. Dreyer, a former CEO of WorleyParsons RSA, is now responsible for mining, minerals and metals for Europe, Middle East and Africa in the merged company.
Dreyer said that prior to the Jacobs acquisition the company had identified gaps in the chemicals sector and downstream hydrocarbon sector, which entails the refining and processing of crude oil. “We intended to fill those gaps over time either through acquisitions or organically growing into those markets.”
Asked whether the merged entity is a bigger version of WorleyParsons, Dreyer is adamant it is not. “It is not more of the same. When we looked at this particular acquisition, we looked at it from many angles. There were three lenses we looked at.”
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