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Safety First

Worley confirms new safety and security measures for Middle East operations

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The news: Engineering services group Worley said it has implemented “enhanced safety and security measures” to support staff in the Middle East amid ongoing conflict in the region.

The context: The company said it is “closely monitoring” recent developments and has brought in new measures including travel restrictions and relocations for its employees where required.

The Middle East represents approximately 10% of Worley’s aggregate revenue.

What they said: “The company has dealt with numerous geopolitical crises throughout its long history and has deep experience navigating these challenges, including transportation and supply chain disruptions, while remaining focused on servicing its global customer base,” the company said.

“We will continue to monitor events, including impact on our group outlook, and will provide updates as appropriate.”

The source: ASX


By Hugo Mathers