Worley : BP awards 2 framework agreements for downstream business

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Worley Limited

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7 August 2020

ASX release

WORLEY LIMITED (WORLEY)

(ASX: WOR)

BP enters into two framework agreements with Worley for downstream business line

BP America, Inc and BP International Limited (collectively referred to as "BP") have each entered into separate framework agreements with Worley; one for North America and one for Europe, Asia, and Australia.

The terms of the agreements are for three years to provide services to BP's downstream business line. The agreements continue BP's existing relationship with Worley, including a historical relationship with the Jacobs ECR business. Approximately 400 Worley people currently provide services to BP sites across seven countries.

Under the new agreements, BP may appoint Worley to provide engineering, procurement, construction management (EPCm) and maintenance services for BP's global refining and lubricants assets. The award further strengthens Worley's position in supporting the global operating assets of our customers.

The services will be executed from multiple global Worley locations with support from our global integrated delivery offices.

"For over 20 years, we have been a trusted partner to BP across their global refining business. As a global professional services company headquartered in Australia, we look forward to supporting the partnership and helping BP meet the world's changing energy, chemicals and resources needs," said Chris Ashton, Chief Executive Officer of Worley.

Authorised for release by Nuala O'Leary, Group Company Secretary.

For further information, please contact:

Veréna Preston

Group Director Investor Relations Ph: [phone] [e-mail] www.worley.com

About Worley: Worley delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, mining, mineral, metals, chemicals, power and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders.

Worley Limited is listed on the Australian Securities Exchange (ASX: WOR).