WORLEY ORD
Lithium boom: is this time different?
“Stronger for longer” was a snappy slogan in past mining booms that never lived up to its promise because the boom always ended sooner than expected, and while that might be the case with the latest surge in lithium, there is a chance that this phase could be the real thing. One reason for believing […]
ANZ’s $4.9b bid for Suncorp Bank, Woolworths buys Shopper Media, and Worley wins services contracts with Saudi giant Aramco
Australia and New Zealand Banking Group (ASX: ANZ) has announced a $4.9 billion bid to acquire Suncorp Group’s (ASX: SUN) Suncorp Bank division, with the acquisition expected to accelerate growth of ANZ’s retail and commercial businesses, while expanding its presence across the east coast. The major bank entered a trading halt to raise $3.5 billion […]
Telstra acquires Digicel, Rio Tinto faces labour shortages and South32 sells base metal royalties to Anglo Pacific
Telstra (ASX: TLS) has announced it has completed a multibillion-dollar purchase of Digicel Pacific, a Pacific Islands telecommunications company. The reliable industry leader has been backed with funding from the Australian government, providing US$1.33 billion (A$1.98 million) through Export Finance Australia (EFA). Australia’s international development and the Pacific minister Pat Conroy said the telecommunications giant […]
Worley awarded Santos contract, severe weather impacts Costa Group harvest, and Beach Energy completes Otway program
Santos (ASX: STO) has awarded Worley (ASX: WOR) a professional services contract to help guide its Bayu-Undan carbon capture and storage (CCS) project. Worley will provide front-end engineering and design (FEED) services for the offshore Bayu-Undan CCS project, which is located in the Timor Sea. It is expected up to 10 million tonnes of carbon […]