Business
Why the Worley (ASX:WOR) share price is climbing higher
Worley Ltd (ASX: WOR) shares are climbing higher today following the announcement of two contract awards for the company. During the opening minutes of trade, the Worley share price catapulted to an intraday high of $11.90. However, some quick profit taking has led Worley shares to retreat back to $11.77 at the time of writing, up 3.79%.
For this month alone, the global engineering company has won a total of five lucrative deals within the energy, chemicals and resources sectors.
Extended strategic partnership
The Worley share price is on the move today after the company released two positive updates to the market.
The first of these announcements related to a signed strategic partnership between Worley and Avantium Renewable…
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