10 Mar 2022 17:31

Worley withdraws from Russia

MOSCOW. March 10 (Interfax) - Worley has begun the safe withdrawal of its services provided in and into Russia and will not enter into new contracts, the global engineering company said in a statement.

"We are deeply saddened by the events in Ukraine and support the strong response of the international business community withdrawing from Russia. Worley has begun the safe withdrawal of its services provided in and into Russia and will not enter into new contracts," it said.

"Worley's exposure from this withdrawal is not material to the Worley global business. Consistent with our purpose and values we prioritize the safety, health and well-being of our people, including those in Russia," it said.

Worley's Russian subsidiary OOO VSK-Veko is involved in the design, construction and operation of Sakhalin-1 and Sakhalin-2 project facilities. It has in its time provided services for Gazprom's Vladivostok LNG, Shtokman and Power of Siberia projects, Rosneft's Tuapse Oil Refinery, Nornickel's projects to reduce sulfur emissions, Novatek's Yamal LNG and Arctic LNG 2 projects and others.