Worley Ltd Joins Five Year Aramco Framework in 11 Contractor Pool
Worley joins pool of 11 contractors on five-year Aramco framework agreement
Worley Limited (ASX: WOR) has been awarded a five-year long-term agreement by Aramco to provide project management consultancy services within the Kingdom of Saudi Arabia. The award was made as part of a pool of 11 contractors, meaning the agreement is shared rather than held exclusively.
The framework supports Aramco’s extensive capital program, described in the announcement as one of the largest sources of project investment globally across the energy, chemicals and resources sectors. According to Worley, the agreement extends a relationship with Aramco of more than 50 years, positioning it as a continuation of an established partnership rather than a new client win.
No contract value, revenue figure, or individual work allocation was disclosed in the announcement.
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What the agreement covers
Under the agreement, Worley will deliver project management consultancy services. The scope is broad.
The named services include:
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Engineering and design
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Project development studies
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Detailed engineering
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Procurement support
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Project and construction management
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Technical expertise
Delivery will be carried out through Worley’s offices in the Kingdom of Saudi Arabia and the United Kingdom, with support from global offices including the Global Integrated Delivery (GID) team. The agreement also includes a commitment to support capability building for local talent within the Kingdom.
Worley’s Global Integrated Delivery model, cited as a delivery vehicle for the Aramco agreement, is also central to the Path2Zero FEED contract in Canada, where GID teams across Canada and India are executing brownfield engineering for the world’s first net zero integrated ethylene cracker.
For investors, a framework agreement of this kind provides a potential pipeline of work over the five-year term.
The digital delivery edge
A notable feature of the agreement is its digital requirement. Aramco requires Worley to leverage its digital capabilities to improve engineering delivery efficiency, reflecting a broader shift across large infrastructure programs toward technology-led project execution.
The specific technologies named in the announcement are:
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Artificial intelligence
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Augmented and virtual reality
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Digital twins
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Robotics and automation
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Digital scanning
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Smart energy solutions
These capabilities must be deployed in compliance with Aramco’s engineering and information security standards. The mandate aligns with Worley’s AI-enabled delivery model.
Why this matters for Worley investors
The agreement reinforces Worley’s presence in one of the world’s largest capital investment markets across energy, chemicals and resources. The stated relationship of more than 50 years with Aramco points to an embedded client partnership, which can be a meaningful factor when competing for recurring project scopes.
The balanced view is important. This is a framework agreement awarded to a pool of 11 contractors.
The Aramco award follows a similar structure to Worley’s multi-year framework with Tengizchevroil, Kazakhstan’s largest oil field operator, where the agreement also established long-term services visibility without guaranteed revenue commitments or disclosed contract values.
CEO Commentary
“We are pleased to continue our relationship with Aramco of more than 50 years through this agreement. This framework agreement reflects our capability to provide integrated engineering and project management services across global portfolios.” — Chris Ashton, Chief Executive Officer, Worley
The table below summarises the key facts and their relevance to investors.
| Fact | Detail | Investor Relevance |
|---|---|---|
| Client | Aramco, relationship of more than 50 years | Deep, embedded partnership |
| Term | Five years | Long-term visibility |
| Structure | Pool of 11 contractors | Shared pipeline, not exclusive |
| Scope | PMC services | Broad engagement across program |
| Value | Not disclosed | No revenue figure released |
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What comes next
The agreement was authorised for release by Nuala O’Leary, Group Company Secretary. Its five-year term positions Worley to support projects under Aramco’s capital program, though no specific future awards or values have been disclosed.
The award adds to Worley’s broader positioning as a global partner across the energy, chemicals and resources sectors, supported by its consulting, engineering, procurement and construction capabilities. For now, the material takeaway is the continuation of a long-standing client relationship, with the scale of future work to be determined as scopes are allocated.
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