Worley
Worley is a global engineering, project and asset services provider delivering EPCM and EPCI solutions to the energy, chemicals and resources sectors across more than 40 countries, serving major operators and energy transition counterparties.
- Company typePublic
- Founded1970
- HeadquartersNorth Sydney, Australia
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Worley does
Worley is a global engineering, project and asset services provider headquartered in Sydney, Australia, listed on the ASX under the ticker WOR and founded in 1971. The company delivers engineering, procurement and construction management (EPCM), engineering, procurement, construction and installation (EPCI), and related professional and asset services to the energy, chemicals and resources sectors, supporting projects and operating assets across more than 40 countries with a workforce of over 40,000.
Its service portfolio spans feasibility and concept design through detailed engineering, procurement, construction management, commissioning, operations support and decommissioning. Underlying EBITA margin guidance of 9.0%–9.5% and a $16.7B backlog underscore a project-based, long-cycle revenue model anchored by tier-one energy, LNG, midstream gas, hydrogen, lithium-ion battery materials, chemicals and resources counterparties. The company is increasingly repositioning its offering around the energy transition, evidenced by partnerships in LNG, hydrogen infrastructure and battery cathode materials alongside traditional oil, gas and chemicals work.
Worley monetizes primarily through long-dated project contracts, framework agreements and recurring asset services, supplemented by a pipeline of strategic partnerships (e.g., Baker Hughes in LNG, APA Group in Australian gas, Energinet on the Danish hydrogen backbone, Nano One on LFP cathodes, Venture Global on CP2 LNG). The group has launched a restructuring program targeting more than $100M of annualized savings from $82M of one-off costs, while deploying a Dell AI Factory with NVIDIA and partnering with Bloomfire to operationalize Vision AI, agentic AI and generative AI across seismic, reservoir, engineering and enterprise workflows. Disciplined capital return is signaled by an approximately $800M share buyback program spread over roughly two years.
Worley firmographics
Firmographics- Name
- Worley
- Legal name
- Worley Limited
- Website
- https://worley.com
- Company type
- Public
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Worley is a global engineering, project and asset services provider delivering EPCM and EPCI solutions to the energy, chemicals and resources sectors across more than 40 countries, serving major operators and energy transition counterparties.
- Ownership category
- akta.pro rank
Worley industry classification
Industry- Product category
- Engineering and Project Services
- NAICS
- Engineering Services (54133), Engineering Services (541330)
- SIC
- Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Industrial & Process Engineering Consulting (BPAHAIAF)
- akta.pro secondary industry
- Energy Systems & Power Engineering Consulting (BPAHAIAG)
Keywords
Where Worley is headquartered
LocationHeadquarters
- HQ city
- North Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices7 records
Markets served
Worley business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Engineering and Project Services: Worley generates revenue primarily through engineering, procurement, construction management (EPCM), and engineering, procurement, construction and installation (EPCI) contracts for energy, chemicals and resources projects. Revenue is project-based with long execution cycles. The company reported H1 FY26 aggregated revenue of $6.3 billion (up 5.4% YoY) and maintains a $16.7 billion backlog providing revenue visibility.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based engineering services contracts |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Worley product offering
Product offeringCore offering
Worley is a global provider of professional project and asset services across the energy, chemicals and resources sectors. The company delivers engineering, procurement and construction management (EPCM), engineering, procurement, construction and installation (EPCI), consulting, technology licensing, and asset support services across the full project lifecycle — from concept and feasibility through engineering, procurement, fabrication, construction, commissioning, operations, maintenance, and decommissioning.
Product overview
Worley is a global engineering, project and asset management solutions provider operating across energy, chemicals and resources sectors. The company offers a unified portfolio organized around three core pillars: industry solutions (covering conventional energy, low carbon energy, chemicals and fuels, and resources), project delivery services (engineering, procurement, construction, fabrication), and specialist technology solutions. Key named products and services include: Worley Chemetics and Worley Comprimo (specialist technology solutions), Worley Consulting (strategic advisory and project support services), Project Delivery Services (EPCM/EPC execution), and Asset Performance Services (operations and maintenance). The company also provides dedicated solutions for specific sectors including Carbon Capture Utilization and Storage (CCUS), Sustainable Aviation Fuel (SAF), Low Carbon Fuels, Hydrogen, Nuclear Power, and Data Centers. The portfolio operates on a global delivery model with integrated teams across over 40 countries.
Differentiator
Problem solved
Functional benefit
Brands
- Worley Consulting: Global team of consultants, engineers, strategists, scientists and digital experts providing consulting services across the full project lifecycle
- Worley Chemetics
- Worley Comprimo
- Offshore Energy Solutions
- Technology Ventures
- Worley Rosenberg
- Worley Group Inc.
Products and services
- Worley Chemetics
- Worley Comprimo
- Worley Consulting
- Project Delivery Services (EPCM / EPCI)
- Asset Performance Services
- Carbon Capture, Utilization and Storage (CCUS)
- Hydrogen Solutions
- Low Carbon Fuels and Sustainable Aviation Fuel (SAF)
- Nuclear Power Services
- Data Centers
- Offshore Energy Solutions
- Technology Ventures
- One-Pot LFP Cathode Package
Quantifiable outcome
- 30% CAPEX/OPEX reduction potential with One-Pot LFP technology
- +7 more outcomes
Companies that use Worley
Customer profileNamed customers16 records
Segments4 records
Ideal customer profiles3 records
Worley technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature5 records
Worley partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core, major and minor.
- Nano One Materials CorpcoreJoint development and marketing of One-Pot LFP cathode active material package for battery manufacturing, with claims of 30% CAPEX/OPEX reduction and 80% energy/water savings. Package bundles process technology, engineering, and qualified equipment for licensees.
- Baker HughescorePartnership for integrated LNG solutions combining Baker Hughes technology with Worley's execution capabilities across global LNG projects.
- Fluor CorporationmajorEngineering integration partnership for Donlin Gold bankable feasibility study with specialist contractors WSP, Worley, and Hatch targeting completion in 2027.
- Anglo Asian MiningmajorFeasibility studies for Xarxar and Garadag copper deposits in Azerbaijan, evaluating heap leach processing and solvent extraction-electrowinning technology for on-site copper production.
- HolcimmajorNon-exclusive Owner's Engineering MSA to support CCUS projects across cement facilities in EU and UK under Holcim's decarbonization program.
- CCSA and Industry StakeholdersminorCo-signatory to open letter with CCSA, Drax, ENGIE, Nuada, Eni, Holcim, and others urging regulatory clarity for EU-UK ETS linkage for cross-border CCUS projects.
- American Electric Power (AEP)majorEngineering, detailed design, and procurement support for Stages 3-4 of 450MW Northeastern Generation Facility gas turbine project at Public Service Company of Oklahoma.
- APA GroupcoreThree-year exclusive engineering partnership to support natural gas transmission and storage projects across Australia, embedding Worley at centre of domestic gas supply and energy security infrastructure.
- Baker HughescoreNon-exclusive strategic MOU to pursue opportunities in the LNG sector, combining Baker Hughes turbomachinery and modular liquefaction technologies with Worley's EPCM and EPCI execution capabilities to deliver integrated, lower-carbon LNG infrastructure globally.
- Roland BergerminorTechnical subcontractor role in Clean Hydrogen Partnership's Project Development Assistance program supporting up to 13 Hydrogen Valleys in EU member states.
- Chevron CyprusmajorFEED and procurement services contract for Aphrodite gas field development in Eastern Mediterranean, with FEED scheduled for completion by end of 2026.
- Novagold Resources / Donlin Gold HoldingsmajorEngineering contracts for Donlin Gold project bankable feasibility study, including design of 316-mile natural gas pipeline and ore processing facilities in Alaska.
- EnerginetmajorFive-year EPCM services contract for Danish Hydrogen Backbone Phase 1, involving approximately 130 kilometres of pipeline infrastructure with commissioning expected by late 2030.
- StreamTec Solutions AGcorePartnership for AquaDuctus offshore hydrogen pipeline in German North Sea, providing EPC-management services across all phases from development through execution.
- Venture GlobalcoreEPC contract for Phase 2 of CP2 LNG export project in Cameron Parish, Louisiana, supporting Venture Global's major LNG development.
- Cadent Gas LtdmajorFEED and Development Consent Order contract for H2East Pipeline connecting Humber and Nottinghamshire regions in UK, enabling up to 11 gigawatts of hydrogen production capacity.
- Glenfarne Alaska LNGcorePhase One engineering and provisional EPCM services for Alaska LNG export project, targeting mechanical completion in 2028 and first gas delivery in 2029.
- Baker HughescoreStrategic alliance for Alaska LNG project equipment supply and services, combining Baker Hughes capabilities with Glenfarne development and Worley EPCM.
- Mitsubishi Heavy IndustriesmajorExecution phase of Padeswood Carbon Capture and Storage project in Wales, UK, deploying MHI's Advanced KM CDR Process to capture 800,000 tonnes CO2 annually from cement production.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Worley competitors and assessment
Company assessmentDirect peers
- WSP Global: WSP is a global professional services firm with strong engineering and EPCM capabilities in energy, mining (Donlin Gold joint partner with Worley), environment and infrastructure. Its power, industrial and resources practices overlap substantially with Worley's chemicals, resources and energy transition businesses.
- McDermott International: McDermott delivers engineering, procurement, construction and installation services for offshore and subsea energy projects. It directly overlaps with Worley's offshore EPC and subsea fabrication work for customers like Equinor.
- TechnipFMC: TechnipFMC is a leading technology and services provider for the offshore energy industry, delivering integrated solutions for subsea, surface, LNG and new energies. It overlaps with Worley's offshore engineering, LNG (via Baker Hughes-style partnerships) and energy transition portfolio.
- Fluor Corporation: Fluor is a global EPC and EPCM firm serving energy, chemicals, mining, government and infrastructure clients. It is one of Worley's closest direct competitors, overlapping on LNG, refining, petrochemicals and energy transition project delivery, and is even jointly partnering with Worley on the Donlin Gold bankable feasibility study.
- KBR, Inc. KBR provides government services and sustainable technology solutions, including EPC and EPCM in hydrocarbons, LNG, ammonia/hydrogen and refining - directly comparable to Worley's energy and chemicals project delivery book.
- John Wood Group (Wood): Wood is a global engineering and consulting company focused on energy and built environment. Its project solutions and operations services in oil & gas, renewables and chemicals make it one of the most direct global peers to Worley's EPCM and asset services franchise.
- Jacobs Solutions: Jacobs is a global professional services firm delivering engineering, technical, scientific and consulting services. Worley itself grew significantly by acquiring Jacobs' Energy, Chemicals and Resources (ECR) unit in 2019, and the two continue to compete head-to-head in chemicals, energy and infrastructure consulting.
- Petrofac Limited: Petrofac provides services to the energy industry spanning concept-to-commissioning EPC and EPCM, asset management and training. Its focus on upstream, midstream and energy transition EPCM makes it a close comparator to Worley's energy project delivery and asset performance services.
- Saipem: Saipem is an Italian engineering and construction platform serving oil & gas, LNG, hydrogen, CCS and offshore wind. Its EPC and EPCI capabilities are highly comparable to Worley's offshore energy solutions and midstream pipeline work.
Broad incumbents
- Bechtel Corporation: Bechtel is one of the world's largest privately held EPC contractors with deep capabilities in LNG, power, hydrocarbons and major infrastructure. It is a broad incumbent competing for many of the same mega-projects (e.g., LNG, hydrogen, CCUS) as Worley while serving a wider portfolio including defense and civil infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Worley social profiles
Digital presenceWorley financial estimates
Financial estimateRevenue estimate
Valuation estimate
Worley leadership team
Management profileNumber of profiles
Profiles18 records
Worley subsidiaries and ownership
Company hierarchySubsidiaries12 records
Worley funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Worley M&A and investment
M&A and investmentM&A3 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Worley
What does Worley do?
Worley is a global provider of professional project and asset services across the energy, chemicals and resources sectors. The company delivers engineering, procurement and construction management (EPCM), engineering, procurement, construction and installation (EPCI), consulting, technology licensing, and asset support services across the full project lifecycle — from concept and feasibility through engineering, procurement, fabrication, construction, commissioning, operations, maintenance, and decommissioning.
Is Worley a public or private company?
Worley is a public company. It is classified as public and is currently operating.
When was Worley founded?
Worley was founded in 1970. It employs 5,001 to 10,000 people.
Where is Worley based?
Worley is headquartered in North Sydney, Australia, in the Oceania region.
How does Worley make money?
One revenue line is on record: engineering and Project Services.
Who are Worley's main competitors?
Direct peers on record are WSP Global, McDermott International, TechnipFMC, Fluor Corporation, KBR, Inc., John Wood Group (Wood), Jacobs Solutions, Petrofac Limited and Saipem. Bechtel Corporation is listed as a broad incumbent.
Does Worley have an API?
No public API is recorded for Worley.
What industry is Worley in?
Worley's product category is Engineering and Project Services. Its primary akta.pro industry code is BPAHAIAF, Industrial & Process Engineering Consulting, with a secondary code of BPAHAIAG, Energy Systems & Power Engineering Consulting. Its NAICS code is 54133 and its SIC code is 8711.