Investment Summary

Worley Invests In New Zealand Oil Services

On November 19, 2018, Worley invested in energy services and equipment company New Zealand Oil Services from BP

Investment Highlights
  • This is Worley’s 5th transaction in the Energy Services and Equipment sector.
  • This is Worley’s 1st transaction in New Zealand.

Investment Summary

Date 2018-11-19
Target New Zealand Oil Services
Sector Energy Services and Equipment
Investor(s) Worley
Sellers(s) BP
Deal Type Stake Purchase

Target

New Zealand Oil Services

Wellington, New Zealand
New Zealand Oil Services Ltd. core business is the safe operation, maintenance, and development of our energy storage terminals across New Zealand. The company provides expert terminal services and product management via shipping and truck loadings.

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Investor(S) 1

Investor

Worley

Sydney, Australia

Category Company
Founded 1971
Sector Engineering
Employees38,244
Revenue 11.2B AUD (2025)
DESCRIPTION
Entrance to WorleyParsons' office in Houston, Texas.
Entrance to WorleyParsons' office in Houston, Texas.

Worley is a provider of engineering, procurement, and construction to the energy industry. Worley also offers a range of consulting and advisory services. Worley was formed in 1971 and is based in Sydney, Australia.


DEAL STATS #
Overall 11 of 12
Sector: Energy Services and Equipment M&A 5 of 6
Type: Stake Purchase M&A Deals 1 of 1
Country: New Zealand M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-21 Jacobs Engineering Group - Energy Chemicals and Resources

Pasadena, California, United States

Jacobs Engineering Group - Energy, Chemicals and Resources is a division of Jacobs Engineering Group based in California.

Buy $3.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-28 3sun Group

Great Yarmouth, United Kingdom

3sun Group is a specialist provider of products and services to the global energy industry. 3sun Group was founded in 2007 and is based in Great Yarmouth, United Kingdom.

Buy -

Seller(S) 1

SELLER

BP

London, United Kingdom

Category Company
Founded 1908
Sector Oil/Gas Exploration
Employees87,800
Revenue 189.2B USD (2024)
DESCRIPTION
BP fuel station in Duluth, Minnesota.
BP fuel station in Duluth, Minnesota.

BP is an integrated oil and gas company with operations in Europe, the US, Canada, Russia, South America, Australasia, Asia and parts of Africa. BP provides customers with fuel for transportation, energy for heat and light, lubricants, and petrochemicals products used to make items as diverse as paints, clothes and packaging. BP was founded in 1908 and is based in London, England.


DEAL STATS #
Overall 14 of 16
Sector: Energy Services and Equipment M&A 2 of 3
Type: Stake Purchase M&A Deals 6 of 7
Country: New Zealand M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-28 Chargemaster

London, United Kingdom

Chargemaster plc is a provider of electric vehicle charging infrastructure. Chargemaster provides a comprehensive, flexible and practical range of electric vehicle charging solutions. Its charging stations are specially developed to accommodate new technological advances and the growing demands of the electric vehicle industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-27 Alyeska Pipeline Service Co. - Trans Alaska Pipeline System

Anchorage, Arkansas, United States

Alyeska Pipeline Service Co. - Trans Alaska Pipeline System (TAPS) is one of the world's largest pipeline systems, an engineering icon that was the biggest privately funded construction project. The 800-mile-pipeline system has a capacity of approximately 2 million barrels per day and runs from the Prudhoe Bay oilfield to the Valdez Marine Terminal. To date, the TAPS system has transported over 17 billion barrels of product.

Sell -