WorleyParsons plans to acquire the Energy, Chemicals & Resources (ECR) division from Jacobs Engineering Group for $3.3 billion. A global technical services provider across hydrocarbons, chemicals and mining, ECR has more than 30,900 employees in 27 countries.
In combining the two complementary organizations, WorleyParsons will create a global provider of project and asset services in resources and energy and provide global sector leadership across hydrocarbons, chemicals and mining.
“We are excited to combine Jacobs ECR’s world-class capabilities with our global platform to create a leader across our key focus sectors,” WorleyParsons CEO Andrew Wood said. “The transaction will bring complementary capabilities in key business lines, while our employees will have increased opportunity for development as part of the leading global project delivery provider in our sectors.”
The combination will further enhance the services WorleyParsons currently offers mining companies. With experience in precious metals, base metals, coal and diamonds, as well as surface mining and shallow, deep and ultra-deep underground mining, WorleyParsons’ Resources and Energy Division provides complete solutions across the entire mining value chain.