Australia-based engineer-contractor Worley said May 30 it has completed the sale of its North American unit for refinery and petrochemical plant turnaround and maintenance services to Canada-based CAM Industrial Solutions—as it continues a push into greener areas of the energy sector.
About 6,400 craft workers will transfer to the Calgary, Alberta-based buyer, but the estimated $117-million divestiture does not include Worley’s construction and fabrication business that “remains core to the company’s growth strategy,” said the North Sydney, Australia-based firm.