WorleyParsons awarded Fortescue contract
August 11, 2008
WorleyParsons Ltd has been awarded a lucrative contract for the second phase expansion of Fortescue Metals Group Ltd's iron ore development project.
WorleyParsons' billion-dollar solar plan
WorleyParsons is studying the construction of the world's biggest project producing power from the sun's heat, tapping incentives for renewable energy generation.
WorleyParsons wins $5.3b coal project
Waratah Coal has appointed WorleyParsons as lead consultant and project manager for its $5.3 billion mine, rail and port development in central Queensland.
Fortescue to double iron ore production
FORTESCUE METALS is forging ahead with plans to more than double its annual production capacity to 120 million tonnes of iron ore a year.
WorleyParsons year profit up 53%
Engineering services company WorleyParsons reports a 53% jump in full-year profit, riding a boom in mining and energy projects.
Fortescue sets sail across the ditch
FORTESCUE METALS - the self-proclaimed "new force in iron ore" - is seeking to conquer new territory: New Zealand.
WorleyParsons makes Canadian acquisition
Engineering and mining services company WorleyParsons has made an acquisition in Canada, purchasing Westmar Consultants for $A48.68 million.
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Worley profit up 53%, mulls solar plant
WorleyParsons, Australia's largest engineering company, says the Pilbara region of WA could be a location for a $1 billion thermal solar power station.
Fortescue looking to bulk up quickly
FORTESCUE Metals Group is about to embark on its next stage of expansion, confident that demand for iron ore will remain strong for more than a decade, and signalling that its initial focus will be on increasing production from its base in Western Australia's Chichester Ranges. 
Red Wings reward Babcock for winning...
AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings...
Rio Tinto rail access could 'cost $30b'
Rio Tinto says it could cost Australia $30 billion over 20 years if the company's Pilbara railways in Western Australia are open to third party access.
Atlas Iron signs JV deals with Fortescue
Fortescue Metals Group has signed an agreement with Atlas Iron to earn up to an 87.5 per cent stake in the low-grade Abydos iron ore project in WA.
WorleyParsons profit up 61 per cent
Engineering company WorleyParsons has forecast higher earnings in the second half after posting a 61.6 per cent increase in half year profit.
Big jump for WorleyParsons as growth...
AUSTRALIA'S largest engineering company, WorleyParsons, has met its ambitious growth targets with a 62 per cent jump in interim profit and forecast higher earnings in the second...
WorleyParsons first half profit up 62%
WorleyParsons, Australia's biggest engineering company, has posted a 61.6 per cent increase in half year profit.
Babcock & Brown shares dive on fee flow fears
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the stock over recent weeks.
Telstra to outdo profit guidance
Telstra is expected to do better than its guidance when it reveals its annual profit results this week, as it increases revenue from its Next G mobile services.
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
Turmoil for Qantas as craft grounded
QANTAS yesterday grounded a 747 aircraft because a crucial piece of equipment needed urgent maintenance, leaving the plane's tail at risk of breaking away.
CSL to buy Talecris for $3.48b
CSL will buy Talecris Biotherapeutics Holdings, a plasma therapeutics business, for $3.48 billion.
08/13/08
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