Worley has entered into a 50:50 joint venture with Enaval, a company with over 20 years’ experience providing engineering, construction, installation, commissioning, maintenance and modifications to the oil and gas industry in Brazil.

The new joint venture, combining Worley’s global engineering and brownfield capabilities with Enaval’s fabrication services and facilities, will provide world-class brownfield engineering, procurement and construction (EPC) and maintenance, modifications and operations (MMO) services from concept to closeout to the Brazilian oil and gas industry.

The Worley Enaval (WE) Integrated Solutions team has been awarded a brownfield subsea tieback contract by a Brazilian oil and gas exploration and production company. WE Integrated Solutions will deliver engineering services, integral to the increased production of an existing floating production storage and offloading unit, directly from the joint venture's offices and fabrication facilities in Rio De Janeiro.

Andrew Wood, Worley CEO, said, “We are delighted to be working with Enaval in Brazil through the WE Integrated Solutions offering.”

Director of Enaval, Amauri F. Rodrigues, said, “WE Integrated Solutions combines the collective experience and knowledge of our organizations to form a new Tier 1 alternative for the Brazilian energy market.”

The new joint venture has also been showcased at a recent UK Government event at the British Consulate in Rio. Joanna Crellin, Her Majesty’s Trade Commissioner for Latin America and the Caribbean, was at the event and said, “I am delighted to see the launch of this joint venture, which brings together a Brazilian and a global company with strong UK North Sea roots at the top of their game to create an exciting new offer to the Brazilian market. It is great that the Department for International Trade (DIT) was able to play a role in bringing these partners together. I look forward to seeing great things from this project in the future.”

About Worley

Worley delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, mining, mineral, metals, chemicals, power and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders.
Worley is listed on the Australian Securities Exchange [ASX:WOR].

About Enaval

Founded in 1998 by Shipbuilding Industry executives, Enaval Engeharia performs shipbuilding, offshore engineering, upgrades, repairing, assembling and electromechanical services, always committed to the environment care and to the safety and health of our employees, customers and communities in which we operate, while we keep the ethical standards and compliance with law.
Enaval Engenharia provides high skilled professionals with 25 years of shipbuilding, offshore and electromechanical assembling services experience.