WorleyParsons changes name after £2.4bn acquisition of Jacobs ECR
ByAllister Thomas
WorleyParsons is changing its name to Worley after acquiring Jacobs ECR.
WorleyParsons has announced a rebrand after completing a £2.4bn acquisition of the energy, chemicals and resources division of US firm Jacobs.
Management said the new business – known as Worley – will create a “pre-eminent” energy services firm, employing 57,600 people across 51 countries around the world.
Worley said the acquisition brings together a highly skilled oil and gas workforce in Aberdeen and The Hague, the chemicals sector in Belgium and Germany and the UK’s minerals industry.