Deloitte, WorleyParsons to Jointly Provide Advisory Services in Australia

Deloitte announced Wednesday that in a show of confidence in the longevity and strength of the Australian economy and its ability to attract ongoing investment in major capital projects, two of Australia's largest professional services firms, WorleyParsons Ltd. and Deloitte Australia, have established an Australia-wide alliance to provide advisory services.

WorleyParsons CEO Andrew Wood, said: “The strategic alliance with Deloitte is the next logical step following the recent establishment of our ‘New Ventures Group’, responsible for exploring opportunities that are aligned with but additional to our traditional areas of activity. It reflects our commitment to constantly challenge ourselves to develop new opportunities for growth, and the proven track records of both organizations in delivering world class advisory services.”

Deloitte Australia CEO Giam Swiegers said: “The alliance with WorleyParsons will enable both firms to combine our strengths in designing, building and improving joint operations in major projects across the oil and gas, mining and infrastructure sectors and create new markets and new offerings.

“In our recently launched report, Positioning for Prosperity – Catching the next wave, our economists at Deloitte Access Economics highlighted the ongoing importance to the Australian economy of extending the wave of our current mining prosperity and catching the next wave of prosperity in adjacent sectors such as gas.

“Reinforced by Australia’s proximity to the world’s fastest growing markets in Asia, Deloitte forecasts an increasing Asian appetite for gas as a cleaner, greener alternative fuel, will continue to underpin massive development in the years ahead.

“The alliance aims to position both organizations for this future growth in Australia,” Swiegers said.

Dennis Krallis, Deloitte Partner responsible for the alliance said: “This alliance brings together a pragmatic and structured project management and engineering culture with the problem solving and innovative project financing and risk management capability of an advisory firm.


View Full Article


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Most Popular Articles