Australia's Worley hits near 1-month high after offshore contract win
19/02/2024 01:52
** Shares of Worley WOR.AX rise as much as 2% to A$16.035, hitting their
highest level since Jan 24
** Stock set for best day since Feb 8, if gains hold
** The construction and engineering services provider awarded field
construction contract by Imperial Oil Resources Ltd
** Says contract related to offshore in-pit tailings infrastructure project
at Kearl oil sands facility in Alberta, Canada
** Adds field construction contract expected to take up to two years to
complete
** Stock has fallen ~10% YTD, as of last close
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com))
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